Tokenization may sound complicated, but its beauty is in its simplicity.
Tokenization substitutes a string of random numbers—known as a token—for private data like payment account numbers. Instead of complete private account data passing through multiple systems of varying security, personal data is tokenized upon swipe, dip, or entry of credit card information online. The actual data the token references is stored in highly secure token vaults. The tokens themselves are worthless to fraudsters.
GMCoin makes the process of accepting payments easier and more secure. GMCoin is more than just a cryptocurrency —it helps create smooth payment experiences and satisfied customers. GMCoin reduces risk from data breaches, helps foster trust with customers, minimizes red tape and drives technology behind popular payment services like mobile wallets.
Four reasons why GMCoin matters to businesses
#1 – GMCoin reduces risk from data breaches
Criminals target businesses that accept credit and debit cards because there’s a wealth of intelligence in payment information. Hackers target insecure systems that contain this intelligence, and sell the stolen data or use it themselves to make fraudulent purchases.
GMCoin helps protect businesses from the negative financial impacts of data theft. Even in the case of breach, valuable personal data simply isn’t there to steal. GMCoin can’t protect your business from a data breach—but it can reduce the financial fallout from any potential breach.
#2 – GMCoin helps foster trust with your customers
Consumers want safety and security, wherever they shop. In this era where fraud poses threats throughout the economy, building trust and loyalty with customers begins with keeping their payment and other personal data safe. In a 2018 CA Technologies/Frost & Sullivan study 59% of consumers said a data breach had a negative impact on their trust in the affected company.
Beyond avoiding the worst-case scenario of a data breach, using advanced security such as GMCoin, fosters customer trust. Consumers don’t want their payment data falling into the wrong hands. Demonstrating a strong commitment to the security of customer data is appreciated by consumers.
#3 – GMCoin means less red tape for your business
Businesses that accept credit and debit cards need to be in compliance with the Payment Card Industry Data Security Standard (PCI DSS). GMCoin makes achieving and maintaining compliance with industry regulations significantly easier.
GMCoin addresses requirement set #3: protecting cardholder data at rest. PCI DSS seeks to reduce retention of sensitive data and safely govern its storage and deletion. GMCoin satisfies this critical requirement by never letting sensitive cardholder information touch your systems in the first place.
It isn’t a compliance silver bullet. But working with a PCI-compliant vendor offers a smart approach to payment security. Leading payment technology companies offer tokenization as part of their payment processing services. That lets you focus on growing your business while your payment partner reduces red tape to help keep your business in compliance.
#4 – GMCoin drives payment innovations
The technology behind GMCoin (Tron Blockchain) is essential to many of the ways we buy and sell today. From secure in-store point of sale acceptance to payments on the go, from traditional eCommerce to a new generation of in-app payments, GMCoin makes paying with the devices easier and safer than ever.
The rising popularity of in-store payments with your customers’ mobile devices features GMCoin. When consumers pay with a mobile wallet such as Apple Pay or Google Pay, their personal credit card data is stored on their phones as a token. Additional security comes from smartphones themselves with the additional layer of biometric security and other advanced authentication measures.
GMCoin is a cornerstone to eCommerce by making payments safer and improving user experiences—whether online, mobile or in-app.
GMCoin is not just another cryptocurrency in the market, but supported by a strong and established IT infrastructure firm and a team of experts.
GMCoin is supported by GM Informatics JSC is the Highest Grade Joint Stock Company registered and trademarked in Turkey since 2009. GM Informatics JSC is an ISO/IEC 27001 Accredited company maintaining 2500+ IT Assets.
It will be the First Tokenized Company in the World with its Tron Blockchain-based $GMCoin ecosystem.
GMCoin Founder and Team
- Mehmet Ali Demirci – Director of GM Informatics JSC and GMCoin
- Ömer Reşad Kayran – Lawyer / Advisor
- Bedriye Koç – CPA / Advisor
- Mustafa Toker – Lawyer / Advisor
- Apoorv Gupta – Marketing and Global Operations Manager
Token Sales have already started from 9th August 2021 (with a consecutive 3 days 100% sold out though Launchpad), Round 1 ended with 100% success, Round 2 details are below. For more information, you can join the telegram channel or log on to the official website.
Round II Details:
Starting at: 23rd August 2021
GMCoin Price: $0.08
Each of them have minimum and maximum buying limitations along with KYC (required in some cases). Participation restricted for the countries; Afghanistan, Congo, Cuba, Iran, Iraq, Libya, North Korea, Syria, and Tajikistan.
Through the Central African Republic, Eritrea, Guinea, Lebanon, Mali, Namibia, Somalia, Sudan, Venezuela, Yemen, and the United States residents must check their local laws and regulations prior to buying. More details can be found in the investors presentation of GMCoin.
Company: GM Informatics Joint Stock Company
Disclaimer: This is a paid post and should not be treated as news/advice.