In 2017 Quantoz was granted a patent for a protocol enabling Secure Payments with Unsafe Relay (SPUR).
Our 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.
No transaction fees or monthly fixed fees for POS terminals. This also enables micro-payments for micro-services.
Build your own applications on top of the SPUR protocol.
SPUR uses asymmetric cryptography, a technology derived from the crypto-currency.
SPUR Payments are instant and irreversible. No charge-backs.
You do not need a bank account or credit card to be able to make or receive a SPUR payment.