It costs too much for local merchants to process payments with “modern payment solutions.”
Vibecoin are digital tokens that function as an alternative to traditional payment methods that charge excessive transaction fees to simply process payments.
Vibecoin shifts the digital payments industry from focusing on the consumer to being a profit maximizer for local merchants.
According to Yahoo! Finance, the average US business has a profit margin of only 7.5% which means for every $100 of revenue their profit is only $7.50.
If the average business pays 3% – 4% ($3 – $4) in transaction fees for every $100 spent, then the credit card transaction fees comprise 40 – 53% of the business’ profits.
Vibecoin is a new payment method that will allow the average business to increase their profits by 40 – 53% compared to traditional payment methods (e.g., credit cards).
Local merchants can accept Vibecoin tokens alongside their existing payment methods.
However, as merchants grow tired of paying excessive transaction fees when someone swipes, inserts or taps a payment card, they can simply encourage and incentivize their customers to pay more with Vibecoin tokens.
Credit card transaction fees (3-4% per transaction) are, essentially, a “hidden tax” merchants pay to middlemen (e.g. banks, credit card networks, point – of – sale (POS) providers) to process credit card transactions.
However, we all pay the “hidden tax” in the form of higher prices.
Vibecoin Payment tokens can help the average business increase their profits by 40 - 53%.
The increase in profits from using Vibecoin tokens can be used to lower customer acquisition costs by rewarding customer referrals.
Vibecoin Rewards tokens can be used to reward loyal customers for simply referring friends.
It's a payments network that also doubles as a social network which allows for better collaboration between merchants and consumers.
We’ve seen the future of local commerce because we built it – it's a 'super app' that combines payment tokens, loyalty cards, influencer marketing, social networking and more.
Join the waitlist for our closed beta (limited to 1,000 U.S. local businesses) and don’t miss out on an opportunity to reduce your costs and grow your sales.
Your most loyal customers are your best salespeople because they refer you to their friends and family - it's not just about what they spend, it's about who they refer.
By using purchase history gleaned from QR Code usage, merchants can automatically tailor offers to customers in-app.