Nuspay™ Digital Currency
Nuspay™ Digital Currency (NDC) introduces a digital payment system where customers can create a digital payment form called Nuspay™ Digital Currency (NDC) which can be sent through various channels to anyone.
NDC represents a value issued by a person using the bank account and accepted by people as a mean of payment for goods and services. Nuspay™ Digital Currencies (NDC) have a number of advantages compared to other alternatives as traditional banks that charge fees to process monetary transactions leading to increase in the transaction cost.
NDC is a form of crypto-currency generated by registered Nuspay™ customers. The digital currency is based on the bank account and issued to any concerned beneficiary with an enhanced security for the underlying financial transactions. NDC can be used for purchasing goods online, paying at store, fund transfer and even exchanging it for cash from other alternative delivery channels.