Merchant Token is a DeFi payment protocol that enables POS terminals on blockchains and provides consumer protection for crypto payments. HIPS Merchant Blockchain, built on Hyperledger, is the native blockchain for HMP and Merchant Coin (MEO), optimized for real-time merchant transactions. It was created for Payment Service Providers (PSP) and EFTPOS devices, supporting backward-compatible financial protocols like ISO8583, allowing crypto payments through standard terminal messages using existing terminal and card scheme infrastructures. The Hips Merchant ecosystem, based on blockchain, has its own currency called Merchant Coin (MEO). The utility and purpose of MEO align with blockchain technology and tokenization features. Designed as a utility coin, Merchant Coin (MEO) facilitates commun...
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