National Payment Platform (NPP): What Is It?

by Marvin Dumont

Apollo Fintech is developing a foundation for launching a digital currency in any country: National Payment Platform.

NPP is a combination of a payment gateway for processing all payments, including fiat and blockchain-based transactions.

The system’s possibilities include:

• Payments for goods and
  services
• P2P payments
• Utility payments
• Fees and fines
• And more

According to Stephen McCullah, CEO of Apollo Fintech:

National Payment Platform is a blockchain-powered system that enables users to make digital payments through a sovereign currency. The NPP enables regulated banks and commercial entities to harness the power of blockchain and facilitate frictionless transactions.

This allows economic participants to save large amounts of time and resources and enables an economy to gain massive efficiencies at scale.

Related Article: Features of National Payment Platform

National Payment Platform is designed to support fiat currency, including a digital version. The currency in circulation is controlled by a national bank.

For convenience, the NPP platform will be connected to banks for fast deposits and withdrawals. Apollo Fintech will assist in passing PCI DSS certification, which is needed to work directly with Mastercard, Visa and other cards.

Apollo Fintech is a leading blockchain company that develops world-shaping fintech solutions for a global economy. Apollo has offices in Africa and North America with plans to expand in Asia, Europe and Latin America. Apollo Fintech is becoming a global leader in Government Blockchain solutions, as well as pioneer of international mass adoption.

Learn more at aplfintech.com.