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With Litecoin payment processor you can process and issue invoices yourself or you can use the services of a trader and receive directly you country value or Litecoins. Why to choose a Bitocin payment processor? You could make a Litecoin payment for everything you want in just few minutes. Most stores and outlets use a tablet or mobile phone to allow customers to pay through wallets on their mobile phones. Is easy, we don't ask you any personal data and you don't need to do any account.
What you get in return is convenience, security and the ability to pay anywhere in the world with one single mode of payment which in this example is the credit card. For example, a payment processor processes a credit card transaction and a company gets paid minus the processing fee shared between the credit card company and the processor. A Litecoin payment processor is a company that authorizes payments on behalf of individuals to companies.
Litecoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Transactions of the form payer X sends Y Litecoins to payee Z are broadcast to this network using readily available software applications. The Litecoin blockchain is a public ledger that records Litecoin transactions. A network of communicating nodes running Litecoin software maintains the blockchain. It is implemented as a chain of blocks, each block containing a hash of the previous block up to the genesis block of the chain. Litecoin is a decentralized electronic payment system and on open-source digital currency created in 2009 by Satochi Nakamoto, to ensure the protection of investments and the free financing by business without calling on financial institutions and outside any constraints and regulations.
A Litecoin payment processor allows merchants to accept transactions in Litecoin. They allow merchants to automate these payments and provide a host of other tools and reports to help make the whole process as convenient as possible. These days, most of these Litecoin payment processors facilitate the buying and selling of many other altcoins such as Ethereum, Litecoin, Ripple, and Litecoin Cash too. Litecoin payment processors facilitate the immediate transfer of Litecoin and other altcoins into fiat currency.
Litecoin (BTC) was created to ensure investment protection and free business finance, without resorting to financial institutions and outside any constraints and regulations. The Litecoin name also refers to the opensource program for using these coins as well as to the peer-to-peer network (peer to peer) that it forms. Litecoin (a binary information unit and coin: currency) is a decentralized electronic payment system and a opensource digital (cryptomon) opensource created in 2009 by Satoshi Nakamoto.