Metal Pay simplifies cryptocurrency with a stunning interface and up to five percent back on transactions P2P
SAN FRANCISCO, – Metallicus Inc., a blockchain-based payment processing platform, today announced the launch of its flagship product Metal Pay. Metal Pay allows people to instantly send money to friends, family, and businesses with just a phone number and rewards them with some cryptocurrency for each transaction — think next-generation Venmo or Paypal. These rewards, called “Pop,” are delivered in Metal’s cryptocurrency MTL and can be immediately converted into dollars, sent to another Metal Pay user or held as an investment. Metal will later link Metal Pay with their equally beautiful micro investing app Crumbs. Crumbs will allow users to turn their spare change into micro investments, like the popular app Acorns, but with cryptocurrency.
On the surface, it might seem like cryptocurrencies have reached the mainstream; after all, it’s all anyone can talk about. But in reality, their $200 billion market value is nothing more than a rounding error for big banks. For a true technological payments revolution to take place, cryptocurrency needs to be easy-to-use, easy-to-earn and rewarding for everyday consumers. With Metal Pay, Metal has built just that: a simplified payment system — similar to Venmo — that not only builds on the revolutionary ideas behind Bitcoin but also rewards the people who use and grow the platform with monetary incentives.
“The millennial generation was largely powered and built the internet, and yet only a handful of people — some worth tens of billions of dollars alone — benefited, while the majority are facing the scariest financial future of any generation in modern U.S. history,” said Marshall Hayner, Metal co-founder, and CEO. “Our generation coming into adulthood right now has the biggest opportunity of the past 100 years and they don’t even know it yet. Together, we can create a world where money works for us, where we don’t work for money — that’s the vision.”
Here’s how it works:
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