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Fly Pay, London (2026)

26/11/2019

🆚DISTINCTIVE PROPERTIES CRYPTOCURRENCY
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Three key features of cryptocurrency:
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✅Cryptocurrency not based on trust.
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Systems that control the cryptocurrency does not require trust, they do not involve third parties. The trust they have replaced checks. Assets fully controlled by each participant and transferred directly between them without the approval and control of the governing body (such as a Bank) in the p2p network.
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✅Cryptocurrency unchanged.
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By its nature, the technology of the blockchain makes transactions cryptocurrency unchanged. They can't be cancelled, delayed, duplicated, hidden or changed. In such a system it is impossible to commit fraud in the usual way, it is protected from human errors. Therefore, the cryptocurrency becomes more clear and transparent than e-money in the Bank.
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✅Systems transparently and systematically creates new coins cryptocurrency.
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Photo belongs to the company - "FLY PAY".
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26/11/2019

🆚DISTINCTIVE PROPERTIES CRYPTOCURRENCY
⠀
Three key features of cryptocurrency:
⠀
✅Cryptocurrency not based on trust.
⠀
Systems that control the cryptocurrency does not require trust, they do not involve third parties. The trust they have replaced checks. Assets fully controlled by each participant and transferred directly between them without the approval and control of the governing body (such as a Bank) in the p2p network.
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✅Cryptocurrency unchanged.
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By its nature, the technology of the blockchain makes transactions cryptocurrency unchanged. They can't be cancelled, delayed, duplicated, hidden or changed. In such a system it is impossible to commit fraud in the usual way, it is protected from human errors. Therefore, the cryptocurrency becomes more clear and transparent than e-money in the Bank.
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✅Cryptocurrency decentralizovanno.
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Systems transparently and systematically creates new coins cryptocurrency.
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Photo belongs to the company - "FLY PAY".
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26/11/2019

📄Types of cryptocurrencies and their significance
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The main purpose of cryptocurrencies is easy settlement. All cryptocurrencies have a common feature: they are built on the basis of blockchain technology, which stores all transaction information encrypted using cryptography.
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There are decentralized cryptocurrencies that are controlled by equal communication nodes - miners. Now in the world there are a huge number of cryptocurrencies and conditionally all of them can be divided into three main types: bitcoins, altcoins and tokens.
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💎Bitcoin
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The main type and most expensive today is the digital currency - Bitcoin.
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💎Altcoins
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Bitcoin is considered the forefather of all other cryptocurrencies, so other digital coins are called altcoins, that is, cryptocurrencies alternative to Bitcoin.
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💎Ethereum
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Ethereum is the second most popular and cost cryptocurrency.
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Ethereum can act as a means of settlement, but its main function is to be the basis for smart contracts of its platform. It is smart contracts that make Ether special, expensive and popular.
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💎Ripple
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Ripple is a centralized cryptocurrency with a high transaction speed and minimal fees. Unlike most other cryptocurrencies, Riple has a central governing body and it is the creators who have the final voting right.
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Dash
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DASH appeared in 2014 and originally had the name DarkCoin. This is the first completely anonymous cryptocurrency whose main purpose is to be Darknet’s means of payment.
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💎Litecoin
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Litecoin is the first altcoin, the motive of which was the desire to facilitate mining and accelerate cryptocurrency transactions.
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💎IOTA
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The IOTA cryptocurrency appeared in 2015 and will be a real breakthrough in the world of the Internet of Things.
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💎Tokens
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Tokens are both a unit of value and calculation that exists within a specific project.
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💎Eos
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The EOS project issued a token of the same name to attract financing and raised more than $ 200 million.
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22/11/2019

💰CRYPTOCURRENCY
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📘The term "cryptocurrency" first appeared in 2011, since the publication of the magazine Forbes. Since then, the name is firmly established in everyday life and applies to the coin (coins) that do not have expressions in the form of paper notes or coins made of metal. This kind of money exists only in digital space.
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"Cryptocurrency" refers to digital currencies. Create it and transmit with the help of cryptographic methods, mainly based on blockchain technology.
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"Coins" are issued in electronic form by carrying out mathematical calculations.
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In simple words, "cryptocurrency" is an artificial payment system, which is equivalent to real money, and has the official exchange rate. Prospects for the development of crypto-currencies linked to progress of Internet technologies.
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💥Cryptocurrency initially appears without the involvement of real money unlike other electronic payment systems. A feature of the monetary unit is the protection from forgery, because it is encrypted data that cannot be duplicated.
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💥The main feature of cryptocurrencies is the lack of any internal or external administrator. That is why banks, tax, judicial and other public or private bodies are unable to influence the transaction of any participants in the payment system. This is possible because all the data from cryptocurrency wallets and transactions are stored in the blockchain.
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Transfer cryptocurrency irreversible — no one can cancel, block, challenge or force (without private key) to make a transaction. However, the participants in the transaction may voluntarily temporarily mutually block their cryptocurrency as collateral or to establish, that for the completion/cancellation of the transaction requires the consent of all (or any additional) sides.
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22/11/2019

📄The ruble ended the main currency session with a weakening against the dollar and the euro
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The ruble ended the main currency session on Monday with a weakening against the dollar and the euro, according to the Moscow Exchange.
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The dollar exchange rate increased by 2 kopecks to the previous close and amounted to 63.7875 rubles. Since the start of the trading session, more than 16.4 thousand transactions for $ 1.29 billion have been conducted, the range of quotes is 63.69–63.95 rubles per dollar.
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The euro at the same time amounted to 70.4975 rubles, an increase of 16 cents compared to the previous close. With this tool, 5.5 thousand transactions were carried out for almost 266 million euros at rates from 70.4425 to 70.7175 rubles per euro.
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The ruble is slightly weakened against major world currencies.
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According to him, the Russian currency in the framework of today's session managed to ignore a significant decline in the energy market.
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09/11/2019

🆕THE PRINCIPLES OF ELECTRONIC PAYMENT SYSTEMS
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Non-cash payment transactions is based on certain principles.
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The principles of organization of settlements is a fundamental beginning of their implementation. The observance of the principles together, to ensure that the calculations requirements: timeliness, reliability, efficiency.
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The principles of the EPS:
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1. the legal regime of payments - payments are made on the basis of legislation;
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2. the settlement on the Bank accounts - the presence of the latter as the recipient and the payer - the necessary precondition calculations;
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3. settlements only with the consent of the payer, except for the cases specified in the legislation;
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4. maintaining liquidity at a level that ensures the smooth functioning of the settlement system;
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5. the urgency of the payment under the contract.
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Debiting funds from the account is performed by Bank on the instructions of the client. Without the client's withdrawal of funds on the account, allowed by a court decision and in cases established by law or stipulated in the contract between the Bank and the client.
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09/11/2019

Mobile technology and payment systems set You free from paper work and facilitate the turnover and accounting of funds!
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Use the e-payment system - save your precious time!😊
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Photo belongs to the company - "FLY PAY".
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05/11/2019

📃DESCRIPTION OF THE TYPES OF PAYMENT SYSTEMS
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1. PRIVATE PS
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In the private system owner and the system operator performs a group of large commercial banks in the face of banking associations and clearing-houses, where the Central Bank performs the function of settlement agent of last resort without actually being a participant (e.g., in Canada).
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2. MIXED PS
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Mixed payment systems are either in the joint ownership of commercial banks and the Central Bank, or act on the basis of the separation of functions of owner and operator between the Central Bank and private agents (Belgium, UK).
Under the scope refers to the extensiveness of the system of payments of individual countries.
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3. LOCAL PS
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Local systems for separate regions and are mainly associated with servicing retail and wholesale transactions.
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4. ETHNIC
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Ethnic payment systems are created to make payments between countries. Such a system is the European system of Central banks (TARGET) for payments in Euro between European Union countries. Commercial banks in these countries have access to the system through the Central banks.
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The calculation can be performed in a mode of discrete time, that is, one or more times during the day, and in real-time.
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Such order of complete settlement of large and urgent payments prevails in national and international payment systems.
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5. SINGLE LEVEL AND DUPLEX SS
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The distinction between single-level and two-level payment systems is the presence of associated participants. In a one-tier system, all participants (both banks and non-Bank institutions) are direct and have an account in the clearing system operator.
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In two-level systems are present as direct participants, which include banks and associated institutions.
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7. INTERNAL PS
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Internal private systems include banks issue their own Bank cards, the implementation of acquiring them.
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05/11/2019

🆕CLASSIFICATION OF TYPES OF PAYMENT SYSTEMS
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Сurrently there is no single approach to the classification of payment systems. The most accurately evaluate any payment system and its features can be compared only with other payment systems. The classification of payment systems based on different types of signs, among which: the form of ownership, a way of complete calculations or technology, participants, procedure of participation and others take a closer look.
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SIGNS OF CLASSIFICATION AND THE TYPES OF PAYMENT SYSTEMS
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1. Form of ownership: public; private; mixed.
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2. Scope: local or domestic; national; international.
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3. The way of complete settlement: net settlement mode in discrete time; the gross settlement in real time.
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4. The participants and their interaction: one-tier; two-tier.
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5 .Versatility: treatment of large and small payments; handle only large-value payments.
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6. Payment instruments: paper-based documents; on the basis of electronic documents; based on the payment card on a mixed basis.
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Classification of the types of payment systems allows to judge about their wide variety and the complexity of the operation.
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The evolution of payment systems continues uninterrupted, and characterization of individual species gives an idea about the main trends. The concept of form of ownership with respect to payment systems reflect the legal status of its owner and operator, that is, shows who owns the rights to the administration and management system.
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18/10/2019

HOW TO OPERATE THE PAYMENT SYSTEM AND WHAT WE NEED TO KNOW ABOUT THEM?
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Today every second person uses a different payment system for payment of goods and services. Let us consider the process of their work and benefits.
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📱Contactless payment
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With the advancement of technology it has become possible to pay for goods without physical impact on code readers. Due to this reduced the number of fraudulent actions.
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🗒The advantages of contactless systems
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The developers created their PayPass technology for such a plan, that when paying, You don't need to release a card from hand or show it to the cashier. First and foremost it provides the convenience of using plastic cards as well as protect it from misuse.
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How does contactless payment?
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The technology, which is based on this payment, called RFID. It uses a microchip with a small size antenna, it is called RFID-tag. These labels do not have their own power system and start its work after the customer bring the device to the reader. At this time built-in chip aktiviziruyutsya and outputs the recorded information. Available today device which starts to operate at a distance of 30 cm from the reader.
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✅The RFID label contains the basic data about the card (number, expiration date) and transmits the data in not encrypted form, which allows fraudsters to intercept the information and make illegal transactions.
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Of course, the developers are trying to protect the funds of the holders of such cards. It uses a special dynamic CVV code, which is modified by each operation. All the data about these codes are not stored in the RFID tag.
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Contactless payment is increasingly embedded in our modern life.
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Have but do not forget about safety! Don't let strangers peep Your pin code, and put limit.
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18/10/2019

ELECTRONIC MONEY💵
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💳Electronic money is a monetary value measured in currency and stored in electronic form in the form of entries in specialized electronic systems.
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Further development of electronic money are quite extensive, however, involves solving of controversial moments in the best way. Here are some of them:
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📌people trust e-money: requires that electronic money could easily be exchanged for the equivalent in national currency. Stable state of the economy in this case is the key to provide cash cover for each unit of electronic money;
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📌must be clearly, correctly and concisely give the concept of electronic money, which means all the versatility and uniqueness of them as a medium of exchange, settlement, and accumulation of world money;
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📌to control and regulate the development and functioning of systems of electronic payments: it is obvious that the process of issuing and granting credit in the area of electronic money should be regulated. This will help to avoid inflation due to the growing number of electronic money, Fiat currency;
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📌the choice of the optimal method of treatment of e-money: to eliminate the possibility of turning them into a replacement of the national currency, electronic money should have the equivalent of any conditionally selected currency and exchange at the market rate, and other currencies.
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Forecasts for further development of electronic payments is highly optimistic, and their potential has not been realised.
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13/09/2019

We welcome You to the page of the company - "FLY PAY"!
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Today it is impossible to imagine modern life without payment system that enable instant electronic transfers to pay for goods, services and solve many other tasks, regardless of the place of location of the user.
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The idea of creating a payment platform emerged in 2017, as an alternative to existing, but given their shortcomings. A group of IT specialists and financial analysts, worked to create a universal international payment system - "FLY PAY" for two years.
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So a company FLYPAY INTERNATIONAL PAYMENT SYSTEM LTD, which is an asset holding company "F. J. S. P".
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💥 We've developed innovative payment system "FLY PAY"!
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Our payment system was created with the idea to be of interest primarily to users. "FLY PAY" is a multitasking, international payment system with a WIDE range of possibilities.
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This is only part of the capabilities of our payment system:
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✅internal exchange of funds between currencies,
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✅multi-currency and cryptocurrency accounts,
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✅instant transfers, payment via NFS and QR code,
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✅the creation of online shops, business accounts,
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✅providing IP to connect platforms, websites, exchanges,
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✅transfers between users ' accounts inside the system,
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✅custody of funds accounts multi-currency and cryptocurrency,
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✅receive or transfer funds via Bank cards, Bank transfers, international banking systems, SEPA, SWIFT, the international fast money transfer systems,
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✅ the planned release of private and corporate credit cards with cashback program.
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The entire range of international payment system "FLY PAY" can be studied after the launch of the platform.
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💥WE CREATE THE FUTURE!
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WITH US IS EASY - "FLY PAY"!
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Fly Pay

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