Bitenny Use Case Scenarios
Bitenny is not designed to be a single use platform, nor is it designed with the needs of one, narrow set of users in mind. Instead, it is intended as a comprehensive and wide-ranging network which will offer support to the burgeoning crypto movement as it grows, evolves, and thrives in the future.
One time digital payments
Users will be able to make easy, one-off payments using Bitenny. They first need to open the Bitenny Interactive Wallet, then consult Prally's real-time analysis to select the most advantageous currency option. They will be able to do this by looking at the real-time analytics or by accessing a full financial report. Then, armed with the proper insight, they submit the payment as normal.
Recurring digital payments
In many instances, users will need to make long term, recurring payments. This can be achieved with just as much ease as with one time payments. The Bitenny platform integrates with merchant systems both on and offline, working in a similar way to a direct debit.
The user needs to simply ascertain the costs, the terms of the payment, the length of the payment period, and the due date. This information is then used to create the long-term payment. AI then steps in to make sure the payments are handled in the most advantageous way possible, according to the latest market movements.
Prally, the Bitenny AI assistant, handles these ongoing tasks and provides automatic financial reports to keep you informed about what is going on.
While Bitenny provides great advantages when used as a payment platform, it is also designed to provide effective support for crypto trading or investment. Whether you are a seasoned crypto trader or a complete newcomer to the market, you'll be able to benefit from the AI tools provided by the network, and maximise your ROI.
Prally's Advanced Trading tools provide information and automated trading solutions for investors and traders on a one time use or on a subscription basis. Users simply need to feed critical information into Prally - including the amount of value they wish to trade, the time period, and the desired outcomes - and the tool will do the rest. The system can generate reports, analyse market conditions, or even execute trades on your behalf if permitted to, with over 50 payment methods accepted for investment.
PSPs for online merchants
A key use case for online merchants is to use Bitenny as a core PSP - or Payment Services Provider. Cryptocurrencies are gaining in market share every day, and yet so many online merchants are still missing out on this potential. Bitenny makes sure this is not the case.
With Bitenny, merchants receive the simple and effective support for crypto payments that they need to thrive in the market. In most cases, this will enable retailers to get the jump on the competition, achieving comprehensive payment support before their competitors do.
Merchants will also be able to connect with daily revenue reports as well as round the clock support. Payments in crypto or fiat currency will be able to be handled simultaneously, and merchants can receive the funds in their supported currency of choice.
Digital wallet use for bricks and mortar merchants
Physical stores will also be able to accept fiat and crypto payments in the same way. The wallet is installed on a smartphone or tablet and then used to interact with customer wallets to complete the transaction. The process is exactly the same as with an online transaction, but the app and device combination creates a smart point of sale for customer use.