The crypto currency market is a multi-billion dollar business. Ignoring the existence of crypto currency is no longer possible, therefore, all highly developed countries are working on the legal basis for their use. However, one of the major problems that does not allow the crypto currency to enter a new level is the bank. Keep in mind that most people trust the traditional banking system more than Crypto currency. Of course, Crypto's currency is still very young, compared to the banking system, and there is still much to go. But now the advantages are clear:
- impossibility of affecting government and oligarchy;
- simplicity in the collective settlement between campaigns and employers in different countries and regions;
- high-speed transactions;
- lack of inflation and lack of transparency;
low, compared to banks, service charges.
And in this case, I would like to introduce you to the project, designed to transform traditional banking into the cryptosystem.
Project Overview:
Pay Engine Project (Paygine) - An open financial platform, designed to help businesses and millions of people use cryptocurrency easily and comfortably in everyday life. Paygine - an international processing company is presented under the brand Best2Pay, established in 2012 by experts from the banking sector with successful experience executing projects in American Express, SEB, Raiffeisen Bank, Bank Saint-Petersburg, Russia Standard Bank and Sberbank. Over 1.5 million unique subscribers use the Best2Pay service every month, and the number of service users increases by 34% every month.
Best2Pay revenue per month, loan repayment and peer-2-peer transfer for 2015-2017 (USD)
Benefits of Best2Pay services:
- From acceptance of online payments for 1-2 days;
- Implementation of the most complex projects, taking into account the business processes and infrastructure of their customers;
- Certificate of compliance with international PCI DSS security requirements of the highest level - Level 1;
- Best2Pay is the only Bill Payments special program participant from Visa Int., Which reduces the cost price of the tariff of 42.8% and enables Best2Pay to offer the most favorable conditions for its customers;
- Services for service aggregators to provide interpersonal services, such as YouDo, Avito, Airbnb, etc.
Project objectives:
Paygine aims to build a new system without breaking away from the real situation in the Fintech market and the world of crypto currency. And the first step, on the way to this, the campaign plans to buy two banks in a jurisdiction comfortable to work with crypto currency. This is a bank in the Europe and Caribbean region, which will ensure the steady operation of Paygine's worldwide financial platform. The basis of the Paygine idea is the White Label. The campaign creates a system that will help grow the business of its customers, without entering into competition with them.
The Paygine platform will allow the use of crypto currency in transfers and payments using traditional payment instruments, such as:
- Transfer crypto currency to payment card
- Payment at a sales outlet using a card in crypto currency
- To take the currency crypto in the payment of goods and services online store
- To transfer fiat currency through crypto currency at minimal cost
- To do purses in fiat currency and crypto currency with the ability to easily and quickly change funds between them, etc.
Terms of service:
When creating the Paygine platform, developers take the accumulated experience base, all the services and technologies used by Best2Pay. The Paygine platform service will be provided to customers through an open API. Note that campaigns will not provide direct services to individuals. This service will be provided to Fintech companies, shops and Internet services, site-aggregators, integrating individuals to make deals among themselves, etc., that provide services to their customers, thus creating an entirely new ecosystem around the platform.
The main customers of Best2Pay
Description of PGC token:
PGC (PaygineCoin) - is the main functional tool of the platform. To pay for the service, the Paygine platform fixes the cost of one PGC token (1 PGC = 1 US dollar). This equality will not change when paying for platform services, regardless of token value in exchange. For example, if a PGC token is cheaper than a US dollar, you can still purchase products or pay for services based on these calculations. If the PGC token will cost more than one US dollar, you can sell it on the exchange, and pay for services or items already in a fiatic manner, thereby also generating.
Token Distribution:
About ICO:
- Token: PGC
- Platform: Ethereum
- Standard: ERC20
- Quantity: 151,750,000 PGC
- Price: 1 PGC = 1.00 USD
- Payment: BTC, ETH, Fiat
- Soft cap: 3,000,000 USD
- Hard cap: 60,000,000 USD
- Started on: 06/18/2018
- Completion: 08/08/2018
For more information abaou paygine, Visit us:
WEBSITE: https://www.paygine.com/
WHITEPAPER: https://www.paygine.com/assets/helpers/files/en.pdf
FACEBOOK: https://www.facebook.com/Paygine/
TWITTER: https://twitter.com/paygine
TELEGRAM: https://t.me/PaygineBounty
Author: tommisetiyawan
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1930443
Eth Address: 0x851db1653D006AaC0fB4fa19cE826b2a135600ff