Payment gateway
Coin Magi is listed in the TOP position of Coin Market App along with
Bitcoin, Litecoin, Ripple, BitsharesX, NXT, and Peercoin.
How does it work?1. A merchant creates an account at m-epays.com; after successful registration one can create a payment box;
2. m-epays.com issues MagiPay account details;
3. Integrate MagiPay to merchant's website;
4. Customer clicks the 'Pay with magi' button, MagiPay connects to m-epays.com server and requests for a specific payment box;
5. m-epays.com issues a MagiPay address and the total amount to be paid;
6. Customer sends coins to the MagiPay address;
7. Once the payment is received and confirmed, the server informs the successful payment;
8. After 1 hour upon the payment is received, the server automatically transfer the amount of magi to merchant's registered external wallet address.
What's special?1. Fully configurable compared to the third party service provider, since we ourselves will develop and manage the system;
2. Using the payment service provided by MagiPay will be free, in comparison with cases which charge minimum 0.5%. Additional feature to make use of the free service is the inclusion of fiat/BTC-XMG conversion, which practically reduces charge accumulated during the process, where payment is done typically by, for example, the credit card.
3. Delivery:
- Phase #1: Basic functionality, e.g., buying goods online via using XMG (end of December or so)
- Phase #2: Embedded with advanced features (survey, see blow)
- Phase #3: The inclusion of the fiat/BTC-XMG exchange.
Survey of advanced features: https://docs.google.com/forms/d/1cq1E-8hvOcaOaAFPES9X9IIf1gV9ZP-ibgWbVUsBOfY/viewform?usp=send_formPoW phase I: block 1 - 50,000; block rewards between 5 and 300 XMG
PoW phase II: block > 50,000; block rewards between 3 and 50 XMG
PoS-II: initiated at block 10080 (see following details)
addnode=104.128.225.215
addnode=216.189.144.213
addnode=162.245.217.165
addnode=104.131.57.65
addnode=104.131.42.100
posii=0(Disable PoS-II)
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Donation:
XMG: 95V9eZnrghtEriGUhBwwEuqMbDm1HBJ58u
BTC: 188AmugttD1jfy2xYNy6muTzVzYha1JEuq
LTC: Lba3T9NUWcTi2VrKWxtXAT4ypnFGV5ojLC
Topic: TWITTER GIVE-AWAY MAGI (XMG) M7M CPU [1e POSII] [1e POM] Finished!!!!!! (Read 11469 times)