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WHAT IS COTI.....APPLE PAY PARTNERSHIP

3.5K views
β€’
March 14, 2021
by
Drake on Digital
YouTube video player
WHAT IS COTI.....APPLE PAY PARTNERSHIP

TL;DR

Cody is a crypto payment platform that aims to eliminate intermediaries and provide a seamless payment solution for merchants and users.

Transcript

guys welcome back to the channel thanks for tuning in today we're going to talk about cody so i'm on the fence on this one but hey um we're just going to go ahead and get into it talk to you guys about it see what you guys think but anyways cody what are they looking to do well this one's similar to you trust and it's interesting so you trust is yo... Read More

Key Insights

  • 😘 Cody takes aim at high-risk merchants who struggle with traditional payment processors and offers them a low-cost and secure payment solution.
  • ❓ Cody has established partnerships with industry leaders like Cardano and Apple Pay, which enhances its credibility.
  • πŸ‘» By allowing merchants to create their own stable coins, Cody provides a unique feature that can benefit businesses by minimizing price volatility.
  • 😘 The platform offers various benefits to both merchants and consumers, such as lower transaction costs, instant settlements, and buyer and seller protections.
  • 😀 Cody's team and investors add to its credibility, and the fact that the team's tokens are locked until 2023 is reassuring.
  • πŸ†˜ The concept of loyalty programs and branded tokens can help merchants attract and retain customers, while providing customers with incentives.
  • πŸ’ͺ While there may be concerns about the level of shilling and price pumping, Cody's strong concept and partnerships make it worth considering.

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Questions & Answers

Q: How is Cody different from other payment processors like PayPal?

Cody differentiates itself by targeting high-risk merchants who struggle with traditional processors and offers benefits like instant settlements and lower transaction costs.

Q: What are the benefits of using Cody for merchants?

Merchants using Cody can enjoy instant settlements, higher interest revenues on balances, lower transaction costs, and access to financing options.

Q: Can consumers feel secure making crypto payments through Cody?

Yes, Cody offers buyer and seller protections, providing consumers with peace of mind and allowing them to dispute payments if needed.

Q: How does Cody empower merchants to create stable coins?

Cody allows merchants to issue their own stable coins, which helps minimize price volatility and offers benefits like higher profits, price stability, and lower transaction costs.

Summary & Key Takeaways

  • Cody is an enterprise-grade digital fintech platform that offers a payment processing solution similar to PayPal or Alipay but with unique features.

  • It aims to provide payment options for high-risk merchants who struggle with traditional payment processors and high fees.

  • Cody has partnerships with companies like Cardano and Apple Pay, and offers benefits such as instant settlements, lower transaction costs, and buyer and seller protections.


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