CRYPTOCURRENCIES, CRYPTO PAYMENT SOLUTIONS
Cryptocurrencies and crypto payment solutions can be natively accepted on conventional, mainstream, existing payment networks, and become less dependent upon issuers. This also reduces the burden to merchants of dealing with multiple networks, interfaces and management/reconciliation systems by having a single, consolidated front-end system.
Merchants who want to accept non-cash payments will no longer have to engage in a slow and expensive process of contracting with various intermediaries who charge fees on every transaction and only provide access to a limited range of payment methods.
Merchants will gain fast and simple access to all payment methods on the HAZZA network, while saving cost and realizing increased revenues from broader payment method access.
HAZZA’s omni-channel technology will also make it easy for any merchant to accept both online and offline payments, supporting ‘O2O’ strategies, all through a single open API.
PAYMENT METHOD PROVIDERS
Payment method providers will no longer be forced to compete in closed and fragmented market where a few payment methods dominate, struggling to gain wider acceptance which is costly and time consuming.
In the Hazza network, payment method providers are free to compete on the merits of their product and have direct access to merchants and other users.
PAYMENT NETWORKS, ISSUERS AND ACQUIRERS
Existing payment networks, issuers, acquirers, and card schemes can leverage on HAZZA's decentralized network and global reach in order to lower their CAPEX/ OPEX and as a result expand their footprint in developing countries or build additional functionalities in existing markets.
VALUE ADDED SERVICE PROVIDERS
HAZZA network allows various parties such as Point Of Sale, EFT terminal, FX, KYC, and new emerging service providers to benefit from direct access to participants in the payment ecosystem, driving innovation and new economies.