Is Blockchain Revolutionising Traditional Payment Systems in the Fintech Industry?

1 min read

Key Takeaways:

  • PayScanner is a London based startup using Blockchain technologies for payment automation in the financial services industry
  • The company, by focusing on both private and public Blockchain technologies, aims to evolve existing payment channels
  • PayScanner works with global payment partners and has over 16 years of expertise in Paytech
  • Blockchain is continues to revolutionise the traditional payment systems in the Fintech Industry

Emerging technologies and their impact on the traditional payment sector certainly cannot be overstated. One such technology is Blockchain, which has gained serious traction in the last couple of years for its potential to transform the financial services industry. A closer look at this revolution brings us to the innovative startup named PayScanner.

With headquarters in London, PayScanner is a budding Fintech startup contributing towards the adoption of emerging payment ecosystems. It is focused on creating a more robust payment infrastructure that leverages the power of Blockchain technology, focusing on the regulated payment and financial services industries.

What sets PayScanner apart is its holistic approach towards problem-solving in the Fintech industry. Combining the strengths of both private and public Blockchain technologies, PayScanner drives the evolution of existing payment channels. This multi-dimensional strategy improves security, reduces costs and enhances the overall transactional experience for both the provider and the consumer.

Moreover, PayScanner has been leveraging its 16 years of expertise in Paytech to forge meaningful partnerships with global payment networks. These partnerships not only enrich PayScanner’s perspective of the industry but also enable it to exhibit the potential of Blockchain technology on the grandest stage.

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The financial industry’s future is intertwined with the adoption and proliferation of emerging technologies like Blockchain. Startups like PayScanner are undoubtedly shaping this future, driving innovation, and pushing the limits of what’s possible. Industry experts widely believe that such technology-led changes will soon become the norm, ushering in an era of improved transparency, security and efficiency in financial transactions.

To keep track of PayScanner’s journey and to learn more about their projects, you can follow them on LinkedIn. You can also visit their website at https://www.payscanner.com for detailed information about their mission, vision, and service offerings.


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