Valorem Blockchain (VLR Token) and SpicePay Partner for Credit and Debits Card Payments

Valorem Foundation Inc. has announced that it is collaborating with SpicePay, a payment processing software, to help with Credit and Debit card payments on its platform.

Valorem said the partnership hinges on three cardinal points: speed, safety and personalized approach.

What SpicePay Adds To The Valorem Foundation's Platform

Transaction processes are carried out using a secured connection through HTTPS protocol with 128 bytes encryption of transferred data, which bars any possibility of third-party data interception. With SpicePay, merchants in the EU can access funds in less than 24 hours, as opposed to 72 hours with traditional payment processing.

The partnership also offers a level of personal service and complete support, unusual in the industry. Unlike financial institutions, SpicePay does not sort users by any criteria and strives to provide every customer with the same quality service. According to Val Kleyman, founder and CEO of Valorem Foundation, the foundation is delighted to partner with SpicePay to create a fair and secure exchange for KYC-vetted transactions bridging the mainstream with crypto.

He said Valorem Foundation's mission is to develop a complete and sustainable financial ecosystem and they trust SpicePay can help them get there. After many conversations with SpicePay's team, Valorem said they have confidence that they will be a solid partner on their journey to create a simple and easy-to-use financial network on the blockchain.

Val adds that they look forward to expanding their partnership as much as possible in the near future. Together, SpicePay and Valorem Foundation will use their technology to combat the risks of today's volatile cryptocurrency markets and provide a trusted platform for those who wish to see this market flourish and develop into the next big wave.

Valorem Foundation is developing a community peer-to-peer platform for multi-party transactions. It is a blockchain-based platform that allows users to exchange value via smart contracts. Once on the platform, users will be able to borrow, lend, invest, transfer, hedge others and exchange value between each other using the VLR (our token and method of transacting), creating a trust-based platform that removes the need for third-party services or external vendors.

Valorem Foundation has already launched the following updates for their program located on their new subdomain located at ico.advalorem.io.

User-enabled multi-purpose wallets able to hold Bitcoin, Ethereum, purchase and hold VLR tokens. Transaction visibility and 0% fee transfers of VLR when transferring inside the environment.

A Note On Getting Listed On Exchanges

Kleyman says they have been contacted by various exchange. However, before any listing takes place, it must be in the interest of all the people who are a part of their community.

He said they will announce a listing agreement once they have finished their due diligence on these potential future partners.