KABN – A NEO FINANCIAL SERVICES PLATFORM THAT STARTS WITH BIOMETRIC ENABLED BLOCKCHAIN VALIDATED IDENTITY

Hello subscribers and lover of crypto, I warmly welcome you to this page and I suggest you read this article to the end. I will be talking about a very promising project which is so cool and I know my fans out there will love it. As blockchain is becoming the most valuable and famous technology, a lot of developers out there are introducing projects that are solving problems and helping to make life easier. Today I writing to you about KABN.

Official Website: https://www.kabntoken.com/

What is KABN?KABN is a neo monetary service podium servicing Millennial and Gen-X retail investors. The Company deals with cost-effective compliance services in exchange for acquiring leads to issue Visa card accounts and access to the corresponding KABN banking wallet. KABN monetizes cardholders through card transaction fees as well as through loyalty and affiliate commissions.

The hardworking team of KABN is working to deal with these problems they have noticed in the market.Corporate Clients (“Clients”) require international compliance solutions.
Clients require KYC/AML screened, “good-to-go” consumer customers.
Clients want to avoid liability for storing sensitive data.
Millennials and Gen-X consumers increasingly want to spend crypto on everyday items (over $100B in stranded cryptocurrencies).
Millennials and Gen-X consumers want differentiated personalized offers and discounts.
Retail investors want access to early-stage opportunities.

BABN Card
KABN has been authorized to issue a reloadable pay as you go Visa card beginning in Europe in Q1-Q2 2019 and intends to extend to other jurisdictions. Each client patron who is screened and passes the KYC/AML on the KABN platform is eligible to receive a KABN-issued Visa card and corresponding banking wallet.

The KABN Card program targets to permit spending crypto in the real world. Currently, it is hard to convert cryptocurrency into local currency. Exchanges increasingly provide buying and selling pairs with stable coins rather of real local currency. In many cases, withdrawals take weeks by way of global wire transfers. There are positive exchanges that permit same-day withdrawals but these, the administration has found, are rare and in the minority. In certain cases, transfer charges are only manageable for giant deposits and withdrawals. With the KABN Card, Consumers can without delay convert their cryptocurrency into fiat.

KABN KashThe KABN’s loyalty project is designed to interact with contributors to the KABN whitelist and capture facts in focused offers and services. Segmented analytics will be used to select and segment the highest-value, mid-value and low-value customers. The Company will target messaging to make bigger the frequency of spend and to graduate purchaser conduct closer to higher-value membership. Phase one is the rollout of KABN KASH. This program gives KABN customers with the probability to transact with their Visa card at e-commerce web sites and brick and mortar shops with a brought cost of an affiliate purchasing mall experience. As a cardholder shop inside our environment, every transaction produces a commission returned to KABN. KABN will push back a percentage of the commissions from affiliate income as money back to the customer on their Visa card. Typically, retailers pay out an average of 4-5%. As the purchaser accrues their cashback, it will be utilized to the card to motivate future spending. The more regular the spend, the increased reward for both the customer and KABN. Additionally, KABN earns incremental revenue from interchange fees. The greater transactions, the greater charges KABN collects.

All information accumulated from these transactions will be pushed into a corporation operated database to seed ongoing records analytics and proprietary behavioral benchmarks. By studying and understanding customer behaviors, the Company will be capable to advance a focused and personal relationship with the customer, using synergy and spending.