As retail market upgrading, the global market is also upgrading regarding all the challenges in the cross-border market. For merchants, the cost of selling goods is too high and the profit also too low. Consumers can’t and won’t afford such high prices. As a result, lots of e-commerce platforms are not able to expand globally.
Price issue Quality issue
Trust issue IP traffic issue
Market competition issue Profit problem
High cross-border cost IP traffic issue
Ineffective marketing High development cost
Highly competitive market Platform's high profit-sharing
In MagniPay, users could get a 100% cashback for every product purchase. MP, the digital currency of Magnipay, could be obtained from both user’s spending and merchant sales. The value of MP keeps rising along with the volume of global sales, which allow every user to truly save money and earn money at the same time.
MagniPay users can get a daily 0.01%-0.1% consumption mining point rebate for each purchase, and the MP token generated can be used for more consumption or cash out.
Users who purchase mining machine can get 10 times the mining points. The MP will be rebated 0.01%-0.1% every day based on the user level. MP token can be converted into legal currency or USTD whereby its value increases every day.