Introduction

what is eBit payment?

Especially for You, we want to reduce the cost of banking. The system for processing payments, built in the blockchain era, which limits the number of middlemen. How does this change benefit You?


So far, the financial services sector has been dominated by companies based on a large number of intermediaries. eBit Payments reduces this amount to the minimum cost, which translates into significant cost reductions.

Problem
In times of globalization and travel, payments are increasingly problematic. This is mainly because there are many different currencies. Every day millions of people travel, currency exchanges and paid spreads (the difference between buying and selling rates that allows parties like banks and the exchange to make money). For example a transaction can have a high spread, like 12% of the total transaction value and can be through a number of intermediaries, where you are required to pay the cost of each step. Even the service providers, trying to minimize the number of parties, know that they can earn more because of the lower number of parties, adding larger and deliberate spreads. In addition, there is no currency for people who travel often - they need to go back and forth between currencies, exchange it in the most frequent way. One,

Intuitively, people start looking for a universal currency. The most common currencies today are USD and EUR, but that's not common enough. Many of them turn into cryptocurrencies, such as BTC or ETH. Although there are crypto and market exchanges, they can not be trusted or secure. This creates another problem. If a user buys something in a store that does not accept cryptocurrency, you need to exchange it for a different one, which means waiting for a transfer from the stock exchange, which could take more than 24 hours, that's too much. Comparing time just go to the store to buy a bottle of milk. Of course, that is only if the given market supports the currency. There is a shortage of well-made bridges between FIAT currencies, such as USD, EUR, or CHF. and cryptocurrencies, such as BTC, ETH, LTC or ZEC.

Solution

eBit Payment LLC, offers exchanges including crypto exchange, without unnecessary third parties. Payment of eBooks will also offer the token itself, we are gradually planning to extend the use of our tokens - via eBit Coins. Generally, targeted effects have only one party in the middle - payment of eBits, that means currency exchange with the smallest spread possible - a maximum of 0.99%, that is in some scenarios a dozen times less than other solutions.

Vision 
 eBit Payment - the solution to your payment problems in modern society
eBit Payment offers a solution to the problem above - it is the first system to connect payments in classic FIAT
currencies with crypto-currencies. We have dubbed it, a personal online currency exchanger in the form of a payment card.

Technological development, specifically in the finance field is currently one of the hottest topics, and with no surprise -
it practically creates infinite possibilities.
We created and we have a solution that can guarantee the simple comfort of
usage. eBit Payment will allow the possibility to make fast and affordable international bank transfers and quick
purchases with payment cards, that can be managed through the use of an Android or IOS phone. 

This scale of services can not be found anywhere else, not even in traditional banking. From now on, thanks to the ICO capital, this
capability will also be available for our average users.

https://youtu.be/mFp6FRAroaQ

eBit Payment is not a bank, it offers much more than standard bank products - the ability to have all your transactions,
accounts, and currencies in one place, paying only the minimum price for exchanges, transfers or card payments.
Some of the typical features will stay of course. Users will be able to transfer money between each other as well, on

top of receiving and sending standard transfers, in all currencies, in real time.

Payment Review of eBooks

The development of technology in finance today is one of the hot topics, and no wonder - because it creates almost unlimited possibilities. We create innovative solutions, which can ensure user-friendly usability. eBit Payment will open the possibility to make fast and affordable international bank transfers and quick purchases with payment cards, which can be managed using an Android or iOS phone. This is a service scale, which can not be found even in traditional banking. From now on, thanks to ICO capital, this capability is also available to the average user.

eBit Payment is a project that includes the following solutions:

• Multi currency purse
• Real time exchange with access to currency exchange rates
• Multi-currency payment card
• Payment online
• Business applications
• Workspace

Another thing we want to apply, is the mechanism of balance protection. When the market fluctuates, we do not want users exposed to that risk, so we will normalize user balances, according to this scheme:

Fund
While eBit Payment invests to raise funds, you benefit. We want the best for our users, so we prepare detailed information about how we plan to raise money:

Development - 30% The expansion of existing platforms involves costs such as hardware, employee salaries (including bonuses, incentive incentive packages), provision of external assistance such as pentester, and office space.

Additional workforce - 10% eBit Payment intends to grow rapidly, so we need to hire new employees in the following areas: Marketing, Finance and Legal Finance, HR, Administration and Customer Service.

Marketing - 10% In order for the platform to work properly and be recognized by a wider audience, it must be available to users, so we're willing to spend 10% on marketing-related costs. With more and more users getting more feedback and our ability to customize and troubleshoot faster for our users. It is important that we create a broad society using our platform.

Market and smooth network - 35% Financial markets are not the simplest sector to work on. We need funds to collaborate with other companies in the industry to make transactions as quickly as possible. In addition, this will open up new opportunities for easier financial interaction within the platform.

Licensing, integration and partnership: 15% As eBit Payment LLC, we need to invest in software licenses, incur additional costs associated with card issuance and also the cost of "patching" the gap between crypto and traditional currency.



Sales order token
Sales Token will cover 21 days. It will start on November 24, 2017 at 00:00. Delaware Time, and will last until October 15, 2017 or until it reaches the target number - $ 21.6 million. The number and time of a token sale is limited, which means that after a certain period of time or after the inventory runs out, the token will no longer be sold. After this period, it is only possible to buy eBookcoin in the cryptocurrency market.

For more information :

WEBSITE: http://ebit-payment-ico.com/

WHITEPAPER:https://ebit-payment-ico.com//whitepaper.pdf


ANN THREAD: https://bitcointalk.org/index.php?topic=2439940.0

author:salsa24