
Lux Payband (PYBC)
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About Lux Payband
Lux Payband (PYBC) is one of the world’s first contactless cryptocurrency wristband payment wallets built on the Stellar Blockchain. It enables users to pair Stellar blockchain digital wallets and compatible wristbands safely, allowing contactless crypto payments to exchange goods and services. All Stellar tokens are usable on Lux Payband, making it convenient for merchants and vendors to accept payments seamlessly. Lux Payband also pairs with compatible cards, key fobs, and devices for easy transacting.
Merchants using Lux Payband enjoy multiple advantages over credit cards. They benefit from incredibly low fees of $0.000004 per transaction and settlement times of just five seconds, unlike traditional banks that charge higher fees and require days to settle transactions. Additionally, Lux Payband eliminates chargeback fraud, as payments made through the platform are irreversible. Lux Payband is widely applicable, making it suitable for festivals, events, conferences, restaurants, and more.
Delux Event Wallet, created for festivals and events, is a digital ticket wallet that allows users to search for events and purchase tickets and merchandise. Tickets are stored as scannable QR codes for quick scan and entry. Users can also spend their Payband Coin (PYBC) within events, making it a convenient in-event contactless payment bridge for ticketing, merchants, and vendors. PYBC is also used to incentivize customer loyalty and retention with fee reductions. Furthermore, PYBC is utilized within the Aquarius governance management layer on Stellar, powering a new generation of Stellar projects. Join the Lux Payband community to explore its numerous features.
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