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  Paying It Forward                                                                                                                           2 / 5   next

Pay It Forward is part of the QwickP2P offline payment exchange that takes place at brick and mortar stores between a buyer and seller, which verifies and completes online commercial exchanges,

Pay It Forward's action validates a seller's commercial activity between Offline to Online ( O2O ), making the local seller's 'brick and mortar' store the new Place Of Trust in local commerce!

-  it's part of changes to the dynamics in commerce that make selling high and buying low possible for sellers to get their full 100% selling prices and buyers get low buying prices,


A simple way to describe Pay It Forward is when someone anywhere in the world makes a cash purchase at their local brick and mortar store to fund their account by buying the digital central currency UDC with QwickP2P, that offline buy is completing an everyday over the counter cash sale that the store previously made online when they exchanged UDC for products with another customer,

the buyer is in fact paying for another buyer's purchase in the everyday commercial sales activities of the seller!

The two customers are anonymously linked globally to each other and that allows something unique to happen!

The 'buy' digitalizes the cash and makes it ubiquitous to use within the dynamics of global commerce, for free!

It also means that the action is not limited within a country, it can spread to benefit local economies in other locations around the world in the most transparent yet secure way possible, without leaving the environment of global commerce!

It can even solve the age old dilemma of foreign workers wanting to send funds back home, instead of paying transfer and exchange fees a foreign worker can use Pay It Forward to send funds from a local brick and mortar store,

-  the entry and 'exit' ( O2O ) completes sales for a local seller near where the foreign worker earns their wages and at the other end of the action in the foreign worker's native country it seamlessly helps to push activity into that local economy,

-  this activity and many other types like sellers needing to pay suppliers can all be done without exchanging fiat currencies or involving the usual incumbents and costs.


Pay It Forward removes the need to split the payment process between a buyer and a seller, which normally takes money from the buyer and moves it out to a bank or payment service and then back in to a seller.

Pay It Forward keeps the buyer and the seller inside the commerce environment and invites another buyer to complete the commercial activity as part of the normal activity for a seller.

Banks were originally created to store money on behalf of people, now in the digital era the need to store physical cash is being disrupted and replaced by the digital cash ecosystem that will become the new storage platform.



 
   

What the Platform does is disrupts the way supply and demand operates in commerce, the DNA in commerce is changed to highly incentivize the supply to increase demand in an uninterrupted flow between buyers and sellers!

The Platform changes the dynamics of supply and demand by disrupting the traditional way of how discounting works, discounting has a tendency to harm the natural flow in economies by losing money and jobs with lower selling prices,

Instead the Platform changes it so sellers sell high and buyers buy low, and it doesn't cost money or jobs to do it!

-  it gives sellers a way to avoid costly advertising, it's made simple to just add images to the Cloud for free,

-  it has an uninterrupted flow for sellers to sell high and for buyers to buy low that can be sustained indefinitely,

-  it can be applied anywhere in the Supply Chain to increase demand and seamlessly move along the full supply line,

-  it can even provide those sellers who don't feel like helping their economy with deep discounts, there are Flex-Deals.


There's no rule in commerce that says the seller can't divorce the buyer so that both can benefit!


            " . . . where does the money go with discounting anyway?"


The Platform disrupts commerce by targeting inequality in all economies, it gives tools to all players to rebuild commerce for this Digital Era using Fractional Economics to drive Productivity forward in real time and help to solve the past!

      see more on the connection of players that help achieve Productivity :   Global Cloud Productivity



                                                                -  this is Cloud Commerce on a global scale!


 
   

Why is Pay It Forward needed?
                                - see exponential and ubiquitous exchange flow

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