PayFi: Creating Value Through the Flow of Funds
Huma@humafinance's core product PayFi takes the concept of 'income as an asset' to the extreme. It cleverly combines payment and lending functions to create an unprecedented experience of 'spending while borrowing.'
For example, when an international trade e-commerce merchant receives payment in USDC from a client, PayFi can immediately analyze their income situation and provide an advance limit based on future income. The merchant can instantly access these funds for procurement or turnover, greatly improving capital efficiency. It's like having an intelligent financial steward, making every inflow of funds no longer a static number, but a living resource that can 'generate money.'
The advantages of PayFi don't stop there; it also features:
Low Cost Advantage: Using Huma's native token $HUMA for transaction fees allows users to enjoy discounts, and borrowing interest is also lower.
High Efficiency: Token holders can prioritize large transactions and earn extra benefits.
Simplified Credit Process: Users can directly choose PayFi for installment payments when shopping online. This is easier to approve than traditional credit card installments; some partner merchants have reported that the number of consumers choosing installment payments doubled after using PayFi.
Additionally, Huma's close collaboration with Circle ensures the smooth circulation of stablecoins like USDC within the network. Every transaction is recorded on the blockchain, with transparency and traceability that even surpass traditional banking systems.