LeisurePay promotes itself as a full-service payment processor built on a closed-loop blockchain ecosystem. Its stated mission is to address the significant problem of chargebacks and fraud for merchants by leveraging its proprietary blockchain and a utility token, LPY. The platform was designed to allow consumers to use a mobile app to pay merchants, with transactions settled on the blockchain to provide a transparent and immutable record, thus aiming to eliminate chargeback fraud.

Founded in

United States