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Direct business credit with ebills
Direct business credit with ebills
Inexpensive capital | World-wide legal protection | Digital & convenient
How to pay with an electronic bill of exchange (ebill)?
Step 1: The buyer issues an ebill to pay in 3 months
Step 1: The buyer issues an ebill to pay in 3 months
Step 2: Any holder can in turn endorse the ebill
Step 2: Any holder can in turn endorse the ebill
Step 3: At maturity, the final holder requests payment
Step 3: At maturity, the final holder requests payment
Step 4: The buyer pays in the requested currency
Step 4: The buyer pays in the requested currency
Immediate liquidity with ecash
Immediate liquidity with ecash
No payment fees | Instant payment | Private & secure
How to use electronic cash (ecash)?
Step 1: The holder requests an offer from his mint
Step 1: The holder requests an offer from his mint
Step 2: Receives ecash immediately upon acceptance
Step 2: Receives ecash immediately upon acceptance
Step 3: Uses ecash to pay employees and suppliers
Step 3: Uses ecash to pay employees and suppliers
Step 4: Ecash receivers can in turn pay others
Step 4: Ecash receivers can in turn pay others
Just do it!
Early access to the future of finance
How it can serve your business
Free open source software
Good to know
Good to know
Bitcredit eBills is an innovative software to issue, endorse, pay, and manage electronic versions of the time-proven bills of exchange (ebill), right from a smartphone or PC, and directly between businesses.
A bill of exchange is a written, unconditional order by one party (the drawer) directing another party (the drawee, respectively the payer) to pay a specified sum of money to a payee (the drawer, or a third party) at a future date. In contrast to other forms of payment, for example a post-dated cheque, the payee receives an immediate title of execution from the court for the payer's entire assets, in case of a payment default.
As this represents a high degree of security, the holder can trade-in the ebill with other business partners ("endorse"), sell it to a third party, or convert it into ecash via a Bitcredit mint before the due date.
Image credit: [Fashion store] by [Blockchain Embassy], licensed under Creative Commons Attribution-ShareAlike 4.0 International licence.
Image credit: [T-shirt producer] by [Thenetparadigm], licensed under Creative Commons Attribution-ShareAlike 4.0 International licence.
Image credit: [Cotton Grower] by [Kimberly Vardeman], licensed under Creative Commons Attribution 2.0 Generic license.
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