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Mass payment

1. What is mass
Mass  is a token pricing tool on the mass barter (www.massbarter. Com) platform, which is used for commodity valuation and pricing. Masspay  can implement the real-time pricing of commodities by currencies all over the world according to the market exchange rate, and carry out commodity payment transactions on this network platform. Mass is only used in circles in the mass barter platform. It is the creditor's right measurement voucher and payment tool when merchants settle in barter transactions. A certain amount of indicates that the holder has the right to purchase goods or services equivalent to mass in this barter system. Mass is based on physical goods, services and enterprise credit, with RMB as the unit of measurement (i.e. 1mass = 1 yuan).


2. How to get mass
(1) Cash credit
Transfer the cash (supporting the currencies of all countries in the world) to the USD account of Hua Yiyun (Weihai) Technology Co., Ltd. the system will automatically recharge the corresponding mass to the customer's platform account according to the international market exchange rate and the amount of cash received.
(2) Barter income
For the goods or services displayed on the platform, the barter request is initiated by other customers. After the transaction between both parties is successful, the party who barters the goods or services will pay its own mass to the other party. Under the supervision of the platform, the platform will settle the mass to the outgoing party without dispute.
(3) Pledge credit
The merchant will pledge the ownership of tangible goods or the service certificate of intangible goods to the mass barter (www.massbarter. Com) platform. The platform will evaluate the value of the pledged goods. After the value is recognized, the platform will give the pledgor a mass credit recharge with the same material value.
(4) Guaranteed credit
Merchants can apply for a third-party guarantee. For the mass credit granted after the evaluation of the platform, the third-party guarantee institution has the compensatory responsibility.


3. Rules for using mass currency
(1) Mass currency is a virtual currency with RMB as the unit of measurement;
(2) Mass  is only used in circles in the public barter platform;
(3) Mass currency cannot be transferred through bank and cannot circulate in reality;
(4) Mass currency does not support reverse withdrawal;
(5) Mass s cannot be traded in any form.


4. Asset management
(1) Registered buyer user
Ordinary registered buyer users of mass barter platform can enter the personal center after logging in the platform, check their account balance in the personal center module, and apply for asset credit online.
(2) Merchant user
The merchant users of mass barter platform have greater operation permission than ordinary buyer users. They can check the account balance and transaction details in the asset management module of the supplier's background, and can check the account.
It is suggested that ordinary buyer members should be promoted to business member users according to the platform process, so that they can have more operation licenses and security.


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