• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

PR: DIMPAY’s ICO Launch – The future of decentralized cryptocurrency payments

December 12, 2017 By Crypto Reporter PR

The DIM Ecosystem has expanded further with the launch of DIMPAY, an instant, borderless and decentralized payment system based on NEM blockchain technology. DIMPAY aims to facilitate cashless transactions for consumers and merchants, along with providing a potential financial solution for the 2 billion individuals worldwide without access to bank accounts.

DIMPAY is specifically developed to facilitate the generating of invoices, tracking of inventory, making payments and much more. The use of DIMPAY will eliminate numerous payment errors as the use of NEM blockchain technology makes this platform less expensive and instantaneous, mainly directed at peer-to-peer, business-to-business, consumer-to-business and business-to-consumer transactions.

Consisting of the DEPOTWALLET web-app, the mobile-app and the DIM Debit Card, this payment platform will allow users to buy, sell, hold and manage cryptocurrencies and cryptonized assets in a secure manner. Additionally, the DIM Debit Card will allow consumers to engage in e-commerce and walk-in purchases within the mercantile sector. All while the consumer is in full control of his finances at all times, trusting that strong fraud protection and illegal activity measures have been implemented accordingly.

DIMPAY further makes use of a QR code which imbeds all required information securely with no corresponding email address, enabling customers to make purchases and merchants to receive payments utilising anonymous accounts. Accounts that can also not be blocked or frozen, as with many other payment systems. Moreover, the DEPOTWALLET Business Account is accessed through scanning a Quick Response (QR) code with a mobile device instead of applying the common one dimensional barcode system.

According to Cisco’s Global Mobile Data Traffic Forecast Update, global mobile traffic acquired a growth of 63% in 2016 reaching heights of 7.2 exabytes (7.2 billion gigabytes) per month. This went up from 4.4 exabytes per month at the end of 2015. Further growth is expected, 49 exabytes by 2021 to be exact, while mobile devices will represent 20% of the total IP traffic with smartphones accounting for over 50% of global devices and networks.

As mobile devices continue to increase in popularity, the adoption of QR codes and mobile payments will increase. DIMPAY is positioning itself to reap the rewards of this anticipated mobile usage boom.

The QR code will be the foundation for P2P, B2B and B2C sectors using DIMPAY. The use of the QR code will eliminate the need for numerous participants such as cashiers within the payment process. The elimination of these partakers in turn will lead to decreased costs and increased efficiency, resulting in savings for both the consumers and merchants.

The DIMPAY ICO is designed to facilitate the development of this platform with full details available on www.dimpay.io

The DIMPAY Foundation is a stand-alone company that is not associated directly with the DIM Foundation. It is the first step towards a decentralized idea of the DIM Ecosystem.

ICO Dates:
4 December (00:00 CET) – 18 December (23:59 CET) 2017
Purchase: DIMCOIN
Maximum ICO Target: 1,500 BTC

Bonuses Available:
25% (35% for using XEM): 4 – 6 December 2017
10% (20% for using XEM): 7 – 12 December 2017
5% (15% for using XEM): 13 – 18 December 2017

Further Information
DIMCOIN is going to be on exchanges on the 18th of December!

Social Media Links
Facebook: https://www.facebook.com/DIMPAYICO/
Twitter: https://twitter.com/DIMPAY_ICO
Website: https://www.dimpay.io/
Youtube: https://www.youtube.com/watch?v=BCkQoMfEwt4

Media Contact
Richard Lendrum: rl@dimcoin.com
Head of Communication
Johannesburg, South Africa


Crypo-Reporter.com does not endorse nor support product/service described in press release. Crypto-Reporter.com is not responsible for or liable for any content, accuracy or quality within the press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services.

Filed Under: Press Releases

Primary Sidebar

Follow Us

Press Releases

Backed’s xStocks Go Live Today on Bybit, Kraken, and Solana DeFi

June 30, 2025

Zodia Custody Cements UAE Presence with Completion of Acquisition of Tungsten Custody Solutions

June 30, 2025

How to Launch Your Own Memecoin on MoonX.bet – No Coding Needed

June 30, 2025

Solana (SOL) and Shiba Inu (SHIB) Are Moving Again, But Little Pepe’s (LILPEPE) Potential to Turn $450 into $45000 is Going Viral

June 28, 2025

Top Meme Coins for 2025: Why Little Pepe (LILPEPE) Is Favored for a 5400% ROI Over Shiba Inu (SHIB) and Pepe Coin (PEPE)

June 27, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter