The SPUR protocol is integrated in our QUASAR solution for IoT payments and extends the platform’s functionality by also providing for secure, instant payments to non-connected ‘things’.
SECURE PAYMENTS WITH UNSAFE RELAY
In 2017 Quantoz was granted a patent for a protocol enabling Secure Payments with Unsafe Relay (SPUR).
This innovation concerns a technological process for doing electronic payments, consisting of a method based on asymmetric cryptography and using technology standards for exchanging data over short and long distances.
FEATURES
No Fees
No transaction fees or monthly fixed fees for POS terminals. This also enables micro-payments for micro-services.
Instant Payments
SPUR Payments are instant and irreversible. No charge-backs.
Open APIs
Build your own applications on top of the SPUR protocol.
For Everyone and Everything
You do not need a bank account or credit card to be able to make or receive a SPUR payment.
Incredibly secure
SPUR uses asymmetric cryptography, a technology derived from the crypto-currency.
Start now!
Sign up now to receive the SPUR license agreement and terms of use.
