Unless a payment needs to be associated with automatic invoices, accepting money is as simple as sending some Universal Digital Coin - just display an address or QR code. This simple setup is within reach of almost all users and can fulfill the needs of many clients. From an accounting perspective, it's especially suitable for reducing overhead and adding transparency.
There are many third party payment processing services that provide APIs; you don't need to store Universal Digital Coins on your server and handle the security that this implies. Additionally, most of these APIs allow you to process invoices and exchange your Universal Digital Coins into your local currency at competitive costs.
If you don't use any third party APIs, you can integrate a Universal Digital Coin node directly into your applications allowing you to become your own bank and payment processor. With all the responsibilities that this implies, you can build amazing systems that process Universal Digital Coin transactions however you would like.
Universal Digital Coin creates a unique address for each transaction. If you were to build a payment system associated with an invoice, all you would need to do is generate and monitor a Universal Digital Coin address for each payment.
Most security is handled by the protocol, eliminating the need for PCI compliance. Fraud prevention can be simplified down to monitoring a single variable: the. Beyond that, keeping your Universal Digital Coins secure is mainly a matter of and using HTTPS or other secure protocols to send payment requests to customers.
Universal Digital Coin allows you to design new and creative online services that couldn't exist before due to financial limitations. This includes tipping systems, automated payment solutions, distributed crowdfunding services, time locked payment management, public asset tracking, low-trust escrow services, micropayment channels and more.