Cardonio: Innovating in a World of Unlimited Possibilities


Posted September 13, 2018 by angelicabree

It takes courage, wisdom and resilience to face the challenges of addressing the needs of a fast-changing and efficiency-oriented world.

 
Because Cardonio, as a new company, has a short operating history with a first-generation business model, it has to provide a wide berth for adjustments along the way, as well as have the flexibility to accept those changes that will ultimately refine its capabilities and its adaptability to customer needs. Projecting the possible outcome of its targeted goals hangs mainly on educated guess-work, at best, and luck, at worst.

This is not to say Cardonio’s business model has no solid foundation in the world of financial realities. Nor is it an excuse for any possible snags along the way; for no one can truly foresee the future, except for truly-gifted seer. It only means Cardonio has the ability to provide certain possible scenarios to help those who will decide to join the Token Creation Event in comprehending various levels and results for the project.

Innovating involves certain unique problems that require even more special solutions suited to the conditions that prevail. Firstly, Cardonio’s income essentially comes in the form of fee paid by the merchants (that is, interchange fee). Such fee is similar to that paid by merchants for other cards to the provider-bank as a processing fee. In addition, Cardonio charges a percentage of this fee every time the card is used. The average interchange fee is set at about 1.20%, which is not fixed, as there are so many rates that apply, depending on various factors: whether the card was present or not, the type of goods or service involved, whether it was a debit or credit card, whether it was a company card, whether the transaction was done overseas and many others.

In addition, Cardonio plans to include recurring income sources within the next year or so, including subscription fees based on a fair-usage policy (i.e., for cash withdrawals) and a credit line that is renewable from 12 to 60 months upon payment of fees.

Finally, Cardonio intends to collaborate with equally-innovative fintech firms worldwide in offering customers with high-quality savings, investments, credit, and insurance facilities using the Cardonio App. As a digital finance platform, it hopes to share revenues with some of the most respected companies in various primary financial areas, such as in savings, investing, credit & loans and insurance, doing so on block-chain empowered basis.

The conservative projected target for the average Cardonio Card user expense on debit card reports is an average of USD3,500 annually. Working up from this amount, along with other parameters, Cardonio is confident that its first few years of operations will not only be expected as a difficult and challenging one but also educational and inspiring.

The limit is the sky, so they say. For Cardonio, with its innovative spirit, the limit does not exist.
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Contact Email [email protected]
Issued By Angelica Bree
Country United Kingdom
Categories Blockchain
Tags cardonio , cardonio credit card , cryptocurrency , cardonio is not a scam , cardonio review
Last Updated September 13, 2018