Payment System Economy

The PsuB ecosystem will create a new economic process based on blockchain, bringing about a paradigm shift for existing payments.

First, SuBPay's goal is to simplify the payment process and reduce costs such as fees. As shown in the figure below, the existing payment process involve credit card company and payment gateway(PG) in the payment process, which complicate the structure and adds to the burden of fees. However, the SuBPay payment process will convert PsuB to SuB Point, providing the benefits of simplifying payments and reducing costs.

Compare Traditional and Virtual Asset Payment Processes

SuBPay will issue SuB Points based on funds deposited in financial institutions to provide payment services to users. Therefore, it will be able to secure credit and trust in the payment process, relieve the inconvenience of existing payment methods, and provide small business owners with a cost-saving effect.

Second, users will be able to achieve both the purpose of investing through PsuB's possession and practicality through the use of SuBPay. In the existing virtual asset market, there have been cases of losses due to market price fluctuations. The PsuB team will use PsuB in terms of utility and SuBPay in terms of payment to compensate for the problems in the existing market.

Third, the PsuB system will provide more economical benefits to users and provide an opportunity to resolve the difficulty of fees and withholdings due to existing credit card payments. PsuB will deposit proper funds to financial institutions when issuing SuB Points, and the resulting online and offline revenues will return to users as discounts.

PsuB Economy