New app update !
PGP keypair derivation, payment details encryption, tx IDs, and importantly for our African brothers: more info about the Revolut to MPesa settlement.
More details below๐
exactly what's new:
1 - new accounts will generate a PGP Keypair based on their Seed Phrase.
2 - Payment Details are encrypted and backed up to the Peach Server
Why we're doing this:
We are starting the process of moving away from the file backup. We want to make the peach account fully recoverable with the seed alone. It will be much more practical than keeping a file.
This will also address the problem of having the same Peach account on 2 different phones but have different payment methods on each phone, which leads to errors. Your PGP key will be derived from your seed (if you are creating a new account) and your Payment Details will be encrypted by you and stored in the Peach Server (as always, we can't decrypt them, only you can).
If you are an existing user, stay tuned to know how to take advantage of this.
3 - Transaction IDs are copiable (thanks Anton for the suggestion!)
4 - Buyers are informed they will enter a trade with MPesa (Revolut & Wise) Sellers
Since we enabled M-Pesa as a version of Revolut and Wise, we added some extra warnings for Buyers to be aware that the Seller is expecting the M-Pesa version of the payment, plus a very clear indication: the Buyer *only* pays the amount shown on the Peach App. Nothing more, nothing less. Extra fees from the transfer are on the seller to bare.
Thanks for using Peach everyone !
