About Frodo Tech
Frodo Tech is an IT company based in New Zealand, and we are a member of the Blockchain Association of New Zealand (BANZ). It includes highly skilled experts in efficiently delivering and implementing advanced technologies such as Artificial Intelligence (AI) and cybersecurity both in on-site and cloud environments at a low cost. Frodo Tech provides best-fit and trustful solutions around AI, cybersecurity, data analysis, custom applications, mobility, migration, and managed services. In early 2021, Frodo Tech’s team decided to start a new era in technology. The FT team had done considerable research into Blockchain and cryptocurrency, which are fantastic and on-demand. However, we decided to start our business on Blockchain and provide a unique cryptocurrency service. We aim to create a secure, trustable excellent payment platform that provides Blockchain as a service (BaS).
In our ecosystem, all people, regardless of nationality, race, or country, can interact financially together.
The Frodo Tech ecosystem includes:
✅ Frodo Launchpad
✅ Frodo Wallet
✅ Frodo Payment Gateway (FPG)
✅Frodo Pay, a mobile app that enables the person-to-person crypto payment solution instantly, overrides the importance of other competitors such as Coinpayment, Coinbase, and Google Pay.
✅ Frodo Pay would overshadow crypto payment systems.
📌 Here’s why:
✅ QR Payment:
🔴 Frodo Pay developed a feature that allows users to make a payment by scanning a QR code to transfer their cryptocurrencies from the app.
🔴 The process takes less than a second.
🔴 It allows the user to transfer crypto by scanning QR codes.
🔴 If users charge their Frodo wallet, transaction operations are automatically performed by the platform, and there is no need to wait to complete the process.
✅ IoT Payment:
🔴 At the Frodo Pay system, users can make payment operations via smart devices with NFC capabilities.
🔴 In the system, they can make payment via charging bracelets, rings, watches, and other smart wearables in less than a second.
✅ Private Link Payment:
🔴 In the Frodo Pay system, each user has a private link, and by using the link, users can make their crypto request and send operations.
🔴 The behavior of the link is like: www.frodopay.io/yourname
🔴 The other capability is to make payments on social media like Instagram, Facebook, and Whatsapp.
🔴 They can make crypto request operations by putting the link on any social media.
📌 Frodo Tech was created to help humanity make a significant step forward to the future, rising to the new stage of evolution.
• Getting into the crypto industry.
• Place in the wider ecosystem.
• Technology for tomorrow, delivered today.
• Using a decentralised blockchain network to bring billions of the unbanked into the global economy.
• Utilise blockchain technology as a financial tool
✅ Many of the pain points of payment systems are solved by the company.
📌 Currently, Frodo Tech offers the following solutions:
✅ Peer-to-peer transactions
🔴 Merchants, retailers, and businesses receive payment directly from the customers across a peer-to-peer system by integrating FPG into their existing payment model.
🔴 This attribute speeds up the transaction time and brings two major benefits; speedy transactions and secure access to the payment gateway.
✅ No intermediaries
🔴 The cryptocurrency payment solutions eliminate the role of third parties and mediators from the payment system.
🔴 So, the payment reaches the merchant directly from the customer’s wallet, which avoids high transaction costs.
✅ Cross-border transactions
🔴 While a fiat transaction requires several days to complete, the crypto transaction takes a few minutes.
🔴 This faster transaction speed helps all sizes of businesses (small, medium, or large) to complete payments on import and export of goods quickly.
✅ Easy integration
🔴 The payment gateway is easy to integrate into an existing application.
🔴 Merchants can integrate the crypto plugin into their desired application and start accepting payments in cryptocurrency.
✅ OS Compatibility
🔴 The crypto payment gateway is fully compatible with different operating systems; Android, iOS, and Windows.
🔴 As a result, merchants don’t need to configure their device or application specifications to integrate the payment gateway into it.
✅ Auto Settlement option
🔴 With a flexible auto settlement option, one can easily connect the crypto payment gateway to exchange(s) to instantly convert cryptocurrencies into mainstream currencies, stable coins, or fiat.
✅ Complex verification and identification
🔴 Nobody has to do complex verification and identification with our platform, which means we don’t have any geographical limitations.
🔴 Merchants benefit from crypto payment and instant liquidity solutions, enabling them to receive new income streams.
• Peer-to-peer transactions
• No intermediaries
• Cross-border transactions
• Easy integration
• Real-time exchange
• OS Compatibility
• Auto Settlement option
• No complex KYC