UTRUST

[redhondaxrm125]

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/

Wow, if this is true, then a lot would say that oaypal has a shtty system. But even so, no one could do sht because it’s the only one around(the most famous at least because it’s the only one i know of its kind).

This is a great reason why i see that utrust will really succeed. Because it can literally kick PayPal in the ass by giving better and equal customer service for both sides: seller and buyer. Plus, utrust can solve most of the problems people complain about PayPal. People are begging for better service. And having utrust as an option, I don’t think a lot of people would still be using PayPal’s services.

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[bitjet]

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/

Wow, if this is true, then a lot would say that oaypal has a shtty system. But even so, no one could do sht because it’s the only one around(the most famous at least because it’s the only one i know of its kind).

This is a great reason why i see that utrust will really succeed. Because it can literally kick PayPal in the ass by giving better and equal customer service for both sides: seller and buyer. Plus, utrust can solve most of the problems people complain about PayPal. People are begging for better service. And having utrust as an option, I don’t think a lot of people would still be using PayPal’s services.

it will be very interesting for freelancer. They can focus their work now. Better than paypal when they don't need verify their address, bill, invoice ....

[redhondaxrm125]

The comparaison with PayPal is really accurate, we are a lot here to think that Utrust could possibly take the place of PayPal, especially for crypto users. It will take some time but its totaly possible, utrsut has great argument to become a major actor of online payment.

That is true. A kot of people are getting into crypto. And we, the ones here now wants utrust over paypal. And if you think about it, if people(users or not of crypto currencies) understands the white paper or project of the utrust team, they would really choose utrust. And this would really result in utrust taking PayPal’s place. But then again, as what you have said, thus will take time. Not impossible, but will surely take time. And as to how long, I don’t know. What i am sure at is that it will really happen.

[Xenrise]

what is actually difference between UTRUST and monetha? do we have any competitive comparisons? just curious to see that. I like UTRUST better project and going to do good.   

I see utrust focus to provide best platform for payment. just like another member say it's paypal 2.0. Monetha seem focus on reputation system. both of them are good project

Well you are wrong, I can see that in the future UTRUST will build its own name. Above all, it will take charge as the primary platform. If you are to look the purpose of utrust in the system you can see that it has the ability in solving some problems on it. Remember this is a decentralised platform, it provides good security on its users.

[Voltaje]

what is actually difference between UTRUST and monetha? do we have any competitive comparisons? just curious to see that. I like UTRUST better project and going to do good.   

I see utrust focus to provide best platform for payment. just like another member say it's paypal 2.0. Monetha seem focus on reputation system. both of them are good project

Utrust will give fund protection for their users, this will avoid scam, and will attract people on using the platform, because if something goes wrong, utrust will pay you back the money lost, that is something that no crypto project or wallet has until now, that is one of the things that gives value to utrsut.

[redhondaxrm125]

anyone here know the feel when paypal how more than 1k8$ from your account just because some strange report me. even they not use my design service.

What did they do? Did PayPal remove over $1000 from your balance? How is it even legally possible that they can take money or freeze accounts willy-nilly?

Usually it works this way. Buyer purchases your item, then files a chargeback against the credit card company. The money you got from that buyer is then taken out of your PayPal account.

Oh yeah, I have heard of that. It is a big problem for merchants selling digital goods, especially those without DRM. The buyer can do a chargeback after copying the data.

It is even worse when stolen credit cards are involved. For example, the game publisher TinyBuild claims that people bought their games in their webshop with stolen credit cards who then performed chargebacks and resold the keys on the grey market G2A. Then the story gets a bit fuzzy. I think TinyBuild could revoke the keys, but the end-users bought them in good faith on G2A, so that could backfire.

https://www.kotaku.com.au/2016/06/g2a-fires-back-at-developer-gives-them-three-days-to-provide-suspicious-keys/

Wow, if this is true, then a lot would say that oaypal has a shtty system. But even so, no one could do sht because it’s the only one around(the most famous at least because it’s the only one i know of its kind).

This is a great reason why i see that utrust will really succeed. Because it can literally kick PayPal in the ass by giving better and equal customer service for both sides: seller and buyer. Plus, utrust can solve most of the problems people complain about PayPal. People are begging for better service. And having utrust as an option, I don’t think a lot of people would still be using PayPal’s services.

it will be very interesting for freelancer. They can focus their work now. Better than paypal when they don't need verify their address, bill, invoice ....

I know right?! Lol. But really, people will always look for better and easier ways to accomplish any type of tasks in life. That is why we have progressed and still progressing every day. People always invent machineries and dig into them for that reason. So knowing human nature, I can surely say that a great number of people will be digging into this idea of utrust. Success is only a matter of time.

[DanF20]

Yes, UTRUST could eleminate the problems of PayPal payments, so that it could as additional effect enlarge the acceptance of cryptocurrency payments. Wish you great success with your project.

Yes sir, i saw the whitepaper and its ao amazing that uTrust is better than paypal that serve as common online money transfer for everyone. If utrust is better than paypal then it means that this is the best system that we have in the future for our online payment transactions.

You are right about that DanF20
UTRUST will be the future of online payment, it will just take some time. This is a great project with a healty future. Cant wait for taking part in the crowdsale. Great work team!

Right!! Super shiller has been activated. Utrust will have to prove it's platform reliability, and security for several yrs and while at it, also try to foster relationships with merchants. So Utrust will consider the biz extremely lucky, if they doing 5% of paypal's biz in 10yrs. It's will take awhile to eve fathom what you shilling about

I Think UTRUST - will become paypal.2.0 - of the Crypto World, and this version is more perfect and reliable
there is nothing to compare, the story is so arranged - that the old goes to the background, giving way for something new

Yeah uTrust looks like a high end version of any online payment platform.
It is a combination of different old version online payment and upgraded into high quality system that support cryptocurrencies and tokens.

[autolove2]

what is actually difference between UTRUST and monetha? do we have any competitive comparisons? just curious to see that. I like UTRUST better project and going to do good.   

I see utrust focus to provide best platform for payment. just like another member say it's paypal 2.0. Monetha seem focus on reputation system. both of them are good project

Utrust will give fund protection for their users, this will avoid scam, and will attract people on using the platform, because if something goes wrong, utrust will pay you back the money lost, that is something that no crypto project or wallet has until now, that is one of the things that gives value to utrsut.

You read carefully about this product? They will dont have refund. Or Im wrong?

[mbtc31]

Yes, UTRUST could eleminate the problems of PayPal payments, so that it could as additional effect enlarge the acceptance of cryptocurrency payments. Wish you great success with your project.

Yes sir, i saw the whitepaper and its ao amazing that uTrust is better than paypal that serve as common online money transfer for everyone. If utrust is better than paypal then it means that this is the best system that we have in the future for our online payment transactions.

You are right about that DanF20
UTRUST will be the future of online payment, it will just take some time. This is a great project with a healty future. Cant wait for taking part in the crowdsale. Great work team!

Right!! Super shiller has been activated. Utrust will have to prove it's platform reliability, and security for several yrs and while at it, also try to foster relationships with merchants. So Utrust will consider the biz extremely lucky, if they doing 5% of paypal's biz in 10yrs. It's will take awhile to eve fathom what you shilling about

I Think UTRUST - will become paypal.2.0 - of the Crypto World, and this version is more perfect and reliable
there is nothing to compare, the story is so arranged - that the old goes to the background, giving way for something new

Yeah uTrust looks like a high end version of any online payment platform.
It is a combination of different old version online payment and upgraded into high quality system that support cryptocurrencies and tokens.

Youre 101% right @ DanF20, uTrust is created more superior to any online payment.. It improves the quality, security and affordability of its services offered to its clients. It eliminates all problems that the clients encountered to other online payment platform.. It created perfectly fitted for everyone that make us comfortable and secured to all our transactions online.

[DanF20]

what is actually difference between UTRUST and monetha? do we have any competitive comparisons? just curious to see that. I like UTRUST better project and going to do good.   

I see utrust focus to provide best platform for payment. just like another member say it's paypal 2.0. Monetha seem focus on reputation system. both of them are good project

Well you are wrong, I can see that in the future UTRUST will build its own name. Above all, it will take charge as the primary platform. If you are to look the purpose of utrust in the system you can see that it has the ability in solving some problems on it. Remember this is a decentralised platform, it provides good security on its users.

I found this comparison between monetha and uTrust from previous conversation, I hope it will provide you enougj ingormation to answer your questions.

So many people asking so here you go. My personal review of Monetha vs UTRUST:

The Monetha Team:
- Small and not even a single software engineer
The UTRUST Team:
- Large and with a highly technical background

Monetha Whitepaper:
- Confusing and hard to understand if this is something really needed
UTRUST Whitepaper:
- Very clear to understand the model just by glancing at the paper summary

Monetha fees for seller:
- 1.5%
UTRUST fees for seller:
- 1%

Monetha Concept:
- Simplistic view and solves no intrinsic problem.
UTRUST Concept:
- Solves a major problem in crypto payments - Buyer protection for cryptocurrency. This is something that is needed for the mass adoption and doesn’t exist. Can be easily used by merchants and private sellers alike.

Monetha accepts:
- Just ETH.
UTRUST accepts:
- All major cryptocurrencies.

Monetha adoption by merchants:
- Limited to merchants that wish to accept ETH and no other cryptocurrencies. Amazon, Ebay, Ali, and many more already have feedback scores, therefore Monethas model will not gain tracking and be adopted by any major merchants. Since it solves no problem, very low appeal to buyers.
UTRUST adoption by merchants:
- Buyers can pay with multiple cryptocurrencies and have a safety net when making their payments, with sellers having a higher selling rate. Will gain organic traction, bringing more clients by referral as they feel more satisfied and protected.

-Monetha adoption by buyers:
- Buyers can only pay with ETH. Feedback score system already exists and solves no problem in practice. Feedback rate is unreliable and subject to false reports and paid bias, as many others.
UTRUST adoption by buyers:
- Buyers can pay with multiple cryptocurrencies. Buyers feel safer making payments with cryptocurrencies knowing that if something goes wrong they can appeal, escalate and be refunded.

If you pay with Monetha and an vendor scams you, the only thing you will be able to do is put a negative review and your money is gone. With UTRUST you will get your money back.

[jets567]

Good publication, seems this one will be very disruptive when it comes to the business sector you choose to venture. Coz the existing competitors are know for slow services, risky transaction and buggy. I believe u-trust has the potential to do it. Goodluck to those who are behind it.

[pynetx]

Is there any fee utrust will be taking from buyers and merchant?

[jets567]

Is there any fee utrust will be taking from buyers and merchant?

I believe there is, Coz with the mechanics of exchanges and payment platform that how the system works in order for them to gain profits form the transaction. But as the summary of the project states, they have most likely lower fees that the existing competitors.

[Xenrise]

Is there any fee utrust will be taking from buyers and merchant?

Any platforms are doing this thing so it is a yes.

[lvsca]

Is there any fee utrust will be taking from buyers and merchant?

Any platforms are doing this thing so it is a yes.

after ICO end and this platform launch, some merchant will adopt this platform.

[Makka]

Is there any fee utrust will be taking from buyers and merchant?

Any platforms are doing this thing so it is a yes.

after ICO end and this platform launch, some merchant will adopt this platform.

The taste of the pudding is in the eating. The eating in terms of UTRUST implementation is during the partnership stage. There will be much interest at this stage. Even the value of UTRUST will be largely affected by this. We will see which e-commerce platforms and companies they will engage in.   

[imtiazmahmood]

Is there any fee utrust will be taking from buyers and merchant?

Any platforms are doing this thing so it is a yes.

after ICO end and this platform launch, some merchant will adopt this platform.

The taste of the pudding is in the eating. The eating in terms of UTRUST implementation is during the partnership stage. There will be much interest at this stage. Even the value of UTRUST will be largely affected by this. We will see which e-commerce platforms and companies they will engage in.   

i think after ICO project team will work on platform for complete work then after they will complete then merchant will join Utrust. project duration already mention on whitepaper i think. each and every project have duration time. but UTrust is the one project that grow up price during complete project. this is great opportunity.

[pynetx]

Is there any fee utrust will be taking from buyers and merchant?

I believe there is, Coz with the mechanics of exchanges and payment platform that how the system works in order for them to gain profits form the transaction. But as the summary of the project states, they have most likely lower fees that the existing competitors.

If there's fee then what's the fee structure?
Did they mention it anywhere?

[Voltaje]

Is there any fee utrust will be taking from buyers and merchant?

I believe there is, Coz with the mechanics of exchanges and payment platform that how the system works in order for them to gain profits form the transaction. But as the summary of the project states, they have most likely lower fees that the existing competitors.

If there's fee then what's the fee structure?
Did they mention it anywhere?

I believe is in the whitepaper, they won't charge fees for the conversion of any coin to utrust token, but they will charge for other tokens, if you want to know more, I recommend to read the whitepaper, that will tell you a lot about the project.

[the_donald]

The idea of ​​making the bridge between the crypro and the currency fiat, will democratize this market of cryptocurrencies and will finish physically concretizing to benefit many people.

100% true! that is the legeng they want to spread into the whole world, this is really an amazing step they did! thanks for the IDEA

the only thing holding back crypto right now is the ability to easily spend it. hopefully utrust will solve that.