How to create a secure Recurring Payment in Ccoins and its uses

Recurring Payments are a way to automate sending money through different systems. These payments allow users to schedule recurring shipments, such as subscriptions, donations, invoices or salaries, without the need for intermediaries or commissions. In this article we will explain how to make a recurring payment on Ccoins, a Cryptocurrency platform that offers this functionality, and what its most common uses are.

How do you make a recurring payment in Ccoins?

To create a recurring payment in Ccoins, you need to have an account on the platform that also offers you a multifunctional secure wallet, which is an app that allows you to store, send and receive digital currencies. The steps to create and send a recurring payment are as follows:

  • Enter the main menu section “Send” in the main menu of Ccoins.
  • Click on the “Periodic Payments”.
  • Enter the Recipient Details of the payment, such as your name or Ccoins user email.
  • Enter the Details of Payment, such as the amount, the *Digital Currency, frequency and duration.
  • Enter an E-Mail address for payment notification.
  • Continue and if you wish you can leave a reference/Comment.
  • Check 2FA to finish creation and first payment.

The recipient will receive an email notification each time they receive a recurring payment.

*Currently, periodic Ccoins payments can only be executed through the Ccoins CCUSD stablecoin.

Biometric payment security system

Ccoins’ secure periodic payments have a delivery protection system that is responsible for verifying the person receiving the payment, thus ensuring that the person receiving the payment is the correct one, which is why every time there is a payment, the recipient must perform a biometric verification to be able to access the funds, in this way all payments made through the Ccoins recurring payment system are 100% secure and reliable.

What are the uses of recurring payments in Ccoins?

Recurring payments in Ccoins can be used for various purposes, such as:

  • Subscriptions: Users can schedule payment for subscriptions to digital platforms, such as Netflix, Spotify or Amazon Prime, in the Cryptocurrency of their choice. This way, they can avoid exchange rate fluctuations and bank fees.
  • Donations: Users can schedule payment of donations to charities, social or environmental organizations, in the Cryptocurrency of their choice. In this way, they can support causes that interest them with their contributions in Crypto.
  • Invoices: Users can schedule payment of bills for public or private services, such as electricity, water, internet or telephone, in the Cryptocurrency of their choice. This way, they can simplify the management of their expenses and avoid late fees.
  • Wages: Users can schedule the payment of salaries to their employees or collaborators, in the Cryptocurrency of their choice. In this way, they can offer an innovative and advantageous form of payment, which adapts to the needs and preferences of each worker.

Conclusion

Recurring payments on Ccoins are a feature that allows users of this Cryptocurrency platform to schedule and send recurring payments in digital currencies. This functionality is secure, flexible and economical, and is based on blockchain technology and smart contracts. Recurring payments in Ccoins can be leveraged for various purposes such as subscriptions, donations, invoices, or salaries. These payments offer a convenient, fast and profitable payment method that adapts to the needs and preferences of each user.

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The biometric security system in Ccoins secure payments is a way to verify the identity of the person receiving the payment, through the use of their biometric identification, in this case his face. This system ensures that only the authorized person can access the payment funds, thus avoiding possible fraud or theft. The biometric security system in Ccoins secure payments is based on secure biometric technology data, which guarantees the integrity and availability of transactions.

The digital currency used to make periodic Ccoins payments is CCUSD, which is a stablecoin that maintains a fixed value of 1 US dollar. CCUSD can be bought and sold on the Ccoins platform with other Cryptocurrencies, such as Bitcoin, Ethereum or Litecoin. CCUSD is used for periodic payments of Ccoins because it offers stability, speed and low cost in transactions.

A periodic Ccoins payment takes the amount of time established in the payment frequency to execute. For example, if a daily payment has been scheduled, the payment will run every 24 hours from the time the payment was created. If a weekly payment has been scheduled, the payment will run every 7 days from the time the payment was created. And so on for monthly and annual payments. The payment will always be executed at the same time of day that the payment was created. The payment will be automatically sent to the recipient, who will receive an email notification and must verify their identity with the biometric security system to access the funds.

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