Earn What You Charge

By: Jason Whang


An astonishing 80% of Americans are in debt, and 39% of Americans are reported to have unpaid credit card expenses making credit card debt one of the leading causes of debt.¹

  1. For businesses, overdue debt forces them to rely on collection agencies that often charge 20-50% of
    the debt owed depending on how long the debt has been accruing.²
  2. However, there is now a novel and superior alternative to collection agencies: ChargaCard.

ChargaCard is a network that directly connects product and service providers with their
clients based on same-day Automated Clearing House, a network used to transfer electronic funds in the United States. By offering a financing alternative to their customers, businesses build loyalty and boost revenues, and customers benefit from a new payment option based on an alternative credit scoring system. ChargaCard offers businesses a software system for recurring billing, business-to-consumer financing, and risk management services through its proprietary ChargaCard system.

ChargaCard is simple. It automates the installment payments from client to business. A client can initiate the installment plan with a service provider or a service provider can provide a credit line to a client. Once the designated monthly payment is approved, the automated system transfers the funds automatically every month. By eliminating the need for the client to manually make payments, ChargaCard precludes clients from forgetting to pay their bills and eliminates the need to pay expensive collection agencies.

ChargaCard is affordable. With no monthly or business fees, a 0% interest rate  and only 1% of the transaction taken from the business and the customer, ChargaCard allows businesses to keep a greater proportion of the money that they deserve.

ChargaCard is safe. It is partnered with Dwolla, a powerful payments platform that securely connects to bank or credit union accounts to enable the transfer of money for any individual or organization in the U.S. Dwolla protects customers’ data through secure servers and a world-class cloud environment. Dwolla’s servers are encrypted with 128-bit or greater encryption controlled by Transport Layer Security (TLS) and sit behind firewall and intrusion protection. ChargaCard’s cloud service, therefore, offers a highly secure environment with a dedicated security team.

The International Monetary Fund noted that the “global economy is more deeply indebted than before the financial crisis…”³ and as a result, more and more companies are relying on collection agencies to get the money that they are owed. In aggregate,  millions in revenue are lost to these agencies, and ChargaCard provides the most affordable and reliable solution.

ChargaCard is an operating subsidiary of Cryptanite Blockchain Technologies Corp., a
blockchain technology company leveraging the power of blockchain technologies to provide clients with an end-to-end cryptocurrency lifestyle solution. To learn more about Cryptanite and the myriad innovative applications in its ecosystem, please visit


Works Cited

  1. DiGangi, Christine. “80% Of Americans Are in Debt.”, 14 Mar. 2018,
  2. “” Ow Much Does It Cost to Hire a Debt Collection Agency?,,
  3. Elliott, Larry. “Global Debt Now Worse than before Financial Crisis, Says IMF.” The Guardian,
    Guardian News and Media, 18 Apr. 2018, financi`al-crisis-says-imf.