Radpay receives patent for blockchain payment and loyalty platform

Radpay is a technology company that uses blockchain and digital wallets to modernize payments. Today, the company announced that it has been awarded the first patent for a secure blockchain-based payment system issued to it by the US Patent and Trademark Office. According to reports, Radpay integrates PCI-compliant payments with Ethereum Plasma, digital wallets, loyalty rewards, and analytics. Depending on the type of merchant, Radpay can increase the merchant's net profit margin from 40% to 200%.