It is surveyed that 79% of banks in Philippines are Rural based and do not allow e-money transactions. Most transactions are carried out with cash flow and checks. E-transactions are rare. Only a handful number of banks are parts of foreign payment network like Mastercard and Visa. In Philippines intensive chip card technologies are used which are really expensive and can't be afforded by the citizens, except for banks. Without e-money money transaction is a big time consuming process. Even paying for a domestic remittance and utility bills, becomes a burden. So what is Pearl Pay doing to reduce this gap between people of Philippines and the technology.
SOLUTION :
Peralpay, which is a Virtual Money Logistics System, creates a user friendly platform for money transfer and a mobile payment network which will eventually save your time and guard you against the issues resolving in the bank transfers. It will allow rural banks to launch their prepaid Pearl Pay accounts only in a limited number of days. Since most of the banks are rural based, lots of people will be benefitted from this system. Pearl Pay is introducing the solutions to your payment system by stepping into it and injecting the desired technology in the entire network.
Pearl Pay will not only facilitate a faster money transaction with few easy steps, but also save you from the expensive license fees, and operation costs. It also offers a efficient financial service delivery. Not only via banks, but also it will personally serve you through its mobile service platform. You can use to make transactions using the Pearl Pay Mobile App. It is very convenient and safe. The services offered are 24/7 and faster than any network.
PESO or Pearl Pay Pera Strategic Outlet is one of the innovative inventions by Pearl Pay technology which facilitates the transformation of small scale or large scale enterprises into money remittance systems. They can perform their own cash transactions domestically as well as internationally and have their mobile wallet via Pearl Pay. This will facilitate their businesses and transactions for both companies and clients associated with it. The mobile app Remit is a big invention for millions of Filipino workers overseas. They can now send their money to Philippines without a worry by using Remit. The costs are reduced to several fractions than the traditional bank based systems. Also the transactions are faster than ever for them.
ICO AND THE TEAM :
The public coin sale will start on 1st September, 2018. It is expected to end on 30th October, 2018. 35% of total coins generated by the platform will be for private, pre sale and public sale. 20% is reserved for Pearl Pay team. 28% of the funds raised from the ICO will be used in Product Development and Team Expansion. Another 28% will be directed towards the liquidity of the system and 21% for platform Operations.
The team of Pearl Pay has experienced blockchain Advisors and Marketing experts. They have the skills and practical knowledge of executing the operations of this payment platform of Pearl Pay in the best desired way.
CONCLUSION :
“Pearl Pay aims to transform the Philippines from texting and selfie capital of the world to mobile wallet payment capital of the world.” It will prove this statement in the subsequent time to come. Pearl Pay is working on its mission to ground itself according to its mission of being the national transaction ad e-money gateway of Philippines. It will transform entire banking and industrial system through its unique gateway, enabling the Pearl Pay dApp by creating and supporting their respective payment platforms. Now all lengthy procedural systems will work no more. Philippines welcomes Peral Pay!! Huge investments needed for several technological recreations. Traditional systems have delayed work a lot and now people there in Philippines will not have to worry anymore. Decentralization brings better inventions in society out of which Pearl Pay is the live replica of this innovation. The entire platform is integrated including domestic or international money remittance, cryptocurrency exchange with innovative payment provisions. It has a long way to go and achieve a lot of targets of being launched and making millions of users. Start investing for a fat return. Pear Pay will scale high towards targeted zones and be the one ace where all solutions of digital money and its transactions solutions are incorporated. So, Philippines are you excited for it ?
For more details visit
Website: https://pearlpay.io/
News: https://news.pearlpay.io
Whitepaper: http://assets.pearlpay.io/pdf/pp-whitepaper.pdf
Visual Assets: https://drive.google.com/drive/folders/1pHycsQDF57qnUaqVqdGYrgaABA6-_eUN
Published by: karanj
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