Merchants around the world are preparing to accept HOM Tokens in their business to attract new customers at no cost to them. But how can a merchant accept HOM Tokens and why should they? Find out below, you don’t want to miss it!
The House of Mandela (HOM) Token
The House of Mandela Token (HOM) is a digital currency that applies a rewards program allowing merchants to offer a 5% token-back reward to customers at no cost. Proceeds of each payment will go towards the House of Mandela Family Foundation to support their Qunu Food Security Project and aid underprivileged communities across the continent by supporting in agricultural developments, accessible medicine, and education.
Merchants can receive next-day payments in cash in their bank account with zero exchange rate risk. This is possible thanks to ForumPay’s crypto payment gateway technology that instantly processes crypto-to-cash payments, including HOM Tokens.
How to Accept HOM Tokens
Merchants can simply accept HOM Token payments by installing ForumPay’s crypto payment processing technology. ForumPay technology accepts token and cryptocurrency payments and automatically converts them to the cash equivalent when a purchase is made to bypass crypto market volatility while simultaneously allowing merchants to open their doors to the digital currency market.
Setting up a ForumPay account is easy and free! It is compatible with most online and in-store payment processors. When a client is ready to pay, they just take out mobile device, open their digital wallet, and scan the QR code provided. That simple! Funds are automatically converted and sent to the businesses bank account. Funds are collected and deposited at the end of each business day.
When customers process their HOM Token payments through ForumPay, a 5% token-back reward is automatically sent to their wallet to spend at any ForumPay-supported store. Merchants can onboard with ForumPay at www.forumpay.com.
Why Accept HOM Tokens
Proceeds of sales made with HOM Tokens go toward the House of Mandela Family Foundation. The Mandela family established this foundation in 2017 to improve the livelihoods of underprivileged communities and take on social issues affecting impoverished African communities.
Some of these social issues include:
- Social Justice
- Advocacy
- AIDS
- HIV
- Education
- Health
- Agriculture
- Women Empowerment
- Alternative Energy Sourcing
These topics hope to encourage social responsibility for HOM users and merchants that accept HOM Tokens. Currently, the House of Mandela is fully engaged in the Qunu Food Security Project.
Further, the HOM Token hopes to give all South Africans equal access to a stable and regulated banking system impenetrable by corruption to help regulate the money supply and bring the unbanked into a safe and reliable financial network. As more people have mobile phones and subscribe to mobile services than bank accounts, the hope that this digital currency will be more broadly spread is one of the main initiatives of the HOM Token project.
The HOM Token project also means to empower businesses, big and small, to allow them to bring in more customers relying on digital currencies. By allowing merchants to offer a 5% token-back deal, the House of Mandela hopes it encourages more people to shop and support businesses throughout South Africa and the world. To learn more about HOM Tokens and how to accept them, visit www.houseofmandelatoken.com today!
