What Is InGold PAY and How Does It Work?

What Is InGold PAY and How Does It Work?

Apr 17, 2025

InGold PAY is an innovative payment system developed by IBIS InGold that allows individuals and businesses to send and receive payments in gold instantly, securely, and without transaction fees. This system combines the timeless value of physical gold with the convenience of modern digital transactions.

How InGold PAY Works

InGold PAY operates through a user-friendly mobile application, enabling seamless gold transactions in three simple steps:

  1. Enter the Amount: The merchant inputs the required amount into the mobile app.

  2. Initiate the Payment: The customer initiates the transaction by scanning a QR code or tapping their phone against an NFC card provided by the merchant.

  3. Confirm the Transaction: The customer confirms the payment using biometric authentication, such as facial recognition or fingerprint.


Every transaction is backed by physical gold of the highest fineness, ensuring real, tangible value.


Benefits for Individuals

  • Instant Transfers: Send and receive gold payments within seconds, 24/7.

  • Fee-Free Transactions: Enjoy the freedom of gold payments with no transaction or service fees.

  • Global Currency: Leverage a universal asset, respected worldwide, without being confined by local currencies.

  • Secure and Convenient: Manage your gold account via a mobile app with high-level security features, including encrypted transactions and biometric authentication.


Advantages for Businesses

  • Expand Payment Options: Offer customers the ability to pay in gold, enhancing your business’s appeal.

  • No Transaction Fees: Process gold payments without incurring additional costs.

  • Instant Settlements: Receive payments in real-time, improving cash flow.

  • Usage Bonus: Earn a 0.5% bonus on gold payments received from customers.


Getting Started with InGold PAY

To begin using InGold PAY:

  1. Open a Gold Account: Register with IBIS InGold to set up your gold account.

  2. Download the App: Install the InGold PAY mobile application on your device.

  3. Start Transacting: Use the app to send and receive gold payments effortlessly.


InGold PAY is revolutionizing the way we perceive and use gold, making it a practical and accessible medium for everyday transactions.


For more information and to get started with InGold PAY, visit ingoldpay.com.