Memoir is an open-source application, powered by IoT. As an entrepreneur, you can use Memoir to Run Your Single-Handed Business Like A Pro by Accepting All Payment Methods including;
- Credit Card
- Bank Transfer
- PayPal
- Crypto Currency
- Mobile Money
- CASHX (WU/MG/RIA)
Memoir act as a digital Wallet for payment collections to brands, aimed to facilitate transactions, increase data security, and reduce internet scams, for entrepreneurs and businesses.
As a running business, your primary goal is sales. There is no business that can fail when it generates sales, unless otherwise. Most businesses that fails are largely caused by little to no sales, which hinders the growth of a business, preventing it from becoming a successful operating business, and in most cases the business is compelled to be shutdown. But when your business experiences a consistent sale, it is definitely projected as a successful business.
One factor that contributes to the success of any business is their accepting mode of payment(s). Most businesses limit themselves to only a single or few payment methods. Thereby creating boundaries to reach more potential customers.
It does not matter whether your business operates locally or globally. Memoir Wallet gives your business a borderless reach and ability to accept all payment methods that exist.
Memoir uses 307 gateways to route Payment data on the Internet, secured by encryption. All payment transactions done through card, bank, paypal, crypto, momo, or cashX are encrypted and converted to baino currency, a digital money issued and regulated by UTF.
307 Payment system gives you access to a borderless gateway of financial system, allowing you to receive and send payments using Memoir.
Assuming you only accept bank transfer as a method of payment for the sale of your products or services.
When you get a Memoir Account, you simply need to link your Bank Account with your Memoir Account, and start accepting other payments method, such as Credit Card, PayPal Wallet, Crypto Currency, Mobile Money, or CASHX Terminal. And withdraw to your Bank from Memoir.
Incoming payment through any of these gateways will be credited in your Memoir Account, which you can then withdraw these funds to your local Bank Account, directly. 307 Gateway helps facilitates the transactions; Memoir Account helps hold the funds.
To receive payments in Memoir, you only need to provide your receiving ETn key to your sender.
One powerful advantage of receiving payments in your Memoir is its ability to encrypt payments data to protect both the sender and the receiver.
This means that as a receiver, you can only provide your receiving ETn key to the sender, without the needs to reveal your names, address, or phone. These data are encrypted in your ETn key.
With only your receiving ETn key, that is enough to receive any amount of incoming payments from any gateways ranging from Credit cards, Bank transfer, PayPal wallet, Crypto currency, Mobile money, and CASHX terminal.
As an entrepreneur or business, to get your unique ETn key for receiving all payment methods from all country, you must create a Memoir Account and apply as a Merchant.
When your Merchant application is approved, you will be provided with a unique ETn Key that allows your business to receive Card, Bank, PayPal, Crypto, MoMo, and CashX payments in a single Account.
ETn key is a 4-digits code that identifies a person or brand. ETn stands for “Extra-Terrestrial number”, which encodes the personal information of a person or business information of a brand. This encoding process is aimed for enhancing data privacy and security, using strong encryption protocols.
The ETn key is your funds receiving address, which is to be provided to the sender, payer, or buyer. Payments received through your ETn key are credited in your Memoir Account.
Simply provide your ETn key and wait for payment.
Memoir allows you to Run Your Single-Handed Business Like A Pro by Accepting All Major Payment Methods with a Single-Account from any part of the World.
3 Reasons Why Entrepreneurs and Brands are using Memoir for Payments Collection.
- Facilitates Transaction: Convenience, Easy and Fast
- Increase Data Security: No NAP provided.
- Reduce Internet Scam: Protects Consumer and Producer
According to radar by IoT, 307 Payment gateways is projected to process more than $1T by 2036. Although Memoir was initially developed to allow users to earn and withdraw digital money online, the application has been empowering entrepreneurs and businesses to accept payments via 307 gateways, for over 3 years now.
Do Not be left out. As an individual, you can earn and withdraw money online using Memoir. As an entrepreneur, you can link Memoir with your business to start accepting payments.
Memoir makes it easy for entrepreneurs to accept payments from any gateways including Credit Card, Bank Transfer, PayPal Wallet, Crypto Currency, Mobile Money, and CashX Terminals, all received inside 1-single account, thereby saving businesses enough time and multiple transactions charges. Payments are instant from certain gateways, while the banking gateway may take up to 3 business days to receive funds in your Memoir Account.
Memoir acts as a secured digital VAULT to hold all your electronic money inside one account. Any incoming payments from Fiat Currency or Crypto Currency are converted to Baino Currency, to securely store the funds inside your Memoir Account. Baino Currency is an electronic money secured by encryption.
Memoir application is integrated with 307 Gateways, which operates as system processor for routing payments from point A to point B, with its core function to handle the collection and conversion of payment currencies, and Memoir core function is to help you to securely receive and hold your funds, which are available for withdrawal at any time, directly to your payout account (Bank, PayPal, Crypto, MoMo, or CASHX).
Using Memoir to receive payments gives you no geographical limits, when operating a Single-Handed business as an entrepreneur, it does not matter whether you offer your products or services Nationwide or Worldwide. No setup required.
A Perfect Example How To use Memoir to Run Your Single-Handed Business Like A Pro by Accepting Any Payment Methods:
Let us assume your business operate in Brazil, and your accepting payment method is PayPal.
But then, you have a new customer from China, and their paying method is Credit Card.
You simply need to provide them with your receiving ETn key.
*Sender will deposit Chinese Currency in their Memoir Account using Card.
*Memoir encrypts data and converts to Baino Currency value.
*Receiver will withdraw Brazil Currency from their Memoir Account to PayPal.
Even if, for some reasons, you do not own a PayPal Account.
Memoir practically helps you collect payments from customers through the gateways you do not have and allows you withdraw through the gateways that you have, that is to say; you can accept PayPal without having a PayPal Account.
With your ETn key, receive money from Card, Bank, PayPal, Crypto, MoMo, CashX payments gateways.
