Lunu Description
This ecosystem includes the Lunu Terminal, a mobile processing device that allows in-store transactions; the Lunu Widget to make online purchases; and the Lunu Wallet, which allows for the conversion of cryptos into fiat money online. It was specifically designed for retail transactions. The Lunu Terminal is faster than regular credit card transactions for in-store purchases. The customer informs the retailer that they would like to pay with cryptocurrency. The retailer enters the selling price (in local currency), and then inputs the type cryptocurrency that the customer will use into the Lunu Terminal. This information is sent via the Lunu Terminal, to the company's proprietary, patent-pending Arbitrage system. It scans all available crypto-to fiat offers to find out the best rate for the customer. Once the best rate has been found, an offer is sent to the Lunu Terminal of the retailer. The customer can see the rate and amount to be paid.
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