Hyper Credit Network (HPAY) is a blockchain-based eCommerce platform with high security. The Hyper Credit Network (HPAY) solution incorporates Ethereum blockchain in the e-commerce platform. The Ethereum blockchain provides instant confirmations and functionality required for real-world financial transaction processing. In addition to that, custom tokens with targeted smart contracts are also provided. Smart contracts are just like regular contracts however, instead of being drafted on paper, these contracts run in the form of protocols on Blockchain.

The platform aims to build globally acceptable (https://www.coinbase.com/learn/crypto-basics/what-is-defi#:~:text=DeFi%20(or%20%E2%80%9Cdecentralized%20finance%E2%80%9D,on%20public%20blockchains%2C%20primarily%20Ethereum.&text=As%20with%20crypto%20generally%2C%20DeFi,pseudonymous%2C%20and%20open%20to%20all.) services. The primary intention is to make a bridge between crypto native applications and internet users. Hyper Credit Network offers an end-to-end solution based on blockchain which is an alternative to the traditional closed-loop payment system. A closed-loop payment system enables to load amount into a spending account that is linked to a payment device.

Its whitepaper states that the current DeFi application exists solely on the Ethereum network. HPAY is a native utility ERC20 token of the platform and provides users and merchants with a payment solution. HPAY allows merchants to manage rewards, promotional coupons, gift cards, and store credits programs based on tokens maintained by the hyper credit network.

While the native tokens of HPAY exist on multiple blockchains. The HPAY tokens have the capability to interact with multiple financial applications at once. Hence HPAY offers more options and lower fees. Also, higher returns are obtained than a typical single blockchain application.

The Hyper Credit Network was founded by Michel Abayek and Samuel Bong Q1 2020. Further, in Q1 of 2021 the website was developed as well as the whitepaper was established. HPAY was formed in Q2 of 2021. In Q3 of 2021 HPAY, blockchain subsystem was developed. Furthermore, the supply of HPAY tokens is limited to 5.8 million.