Moxey is a one-of-a-kind digital currency created to assist companies of all sizes. It's electronic; there's no such thing as physical money, and Moxey offers an app,
Moxey allows businesses to connect with a broader pool of consumers and resources. The Moxey card, which resembles a traditional credit card, enables members to shop and trade throughout the network.
Moxey has processed over 20 million transactions since its inception. And that number is growing exponentially with the current COVID-19 pandemic, which has likely sped up the process.
According to a study by Square, a financial technology firm, the number of cashless businesses in the United States rose 23% from March 1 to April 23, 2021 — and that's on the lower end. In Great Britain, there was an increase of 50%, and in Canada, there was a 39% rise.