Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here.

will utrust be like paypal having connected to different banks worldwide?so we could pay debit and credit card?

Same question, I believe that if they included this thing in their project then this will be a hit. Maybe many people will transfer funds from paypal to UTRUST.

Nope and paypal is somewhat very cautious when it come to crypto . why? because of its volatility and paypal is into market where millions of dollar flowing in everyday, stability is a must in an online payment processor, UTRUST is for crypto merchant mixed it with fiat and it will be another story.

I wonder how they'll solve for the volatility problem. If I buy 1 BTC worth of stuff at 1BTC=4kUSD, and tomorrow request a refund, but 1BTC=5k. How will it work then?

I think it was said somewhere here, that they will calculate the refund in the original fiat price.

I think i still can remember one of the few pages here said that they would refund it equivalent for the fiats original price. But in some cases i don't think that some people would actually do it on purpose, it would be funny if you just buy then ask for refunds.

Yes it's clearly stated in the Whitepaper that the refund will be in fiat price. Due to the volatility of crypto it wouldn't be fair to the customer.

If refund will be paid in crypto, people has a chance to cheat the system. That's why Utrust make it clear at the first stage.

If the fact here is to buy and the platform is secure, what is the interest of refund before buy? I cant understand it, sorry