What Is Payportal?
Payportal Services Private Limited (Payportal) is a privately-owned company established in 2011, under the jurisdiction and laws of India. Payportal creates a network between customers and service providers, processing online recharges, bill payments and domestic money transfers – all via a secure Payportal wallet. The company currently manages 80 distributors, and 2,300 retailers, processing 500 million rupees in payments in 2017 between banks, mobile and digital TV operators, utility companies and their customers.Payportal establishes a connection between service providers and customers by processing their financial transactions online. All the services take place via the Payportal wallet.
The company’s main business area is Delhi, where they have 80 distributors and 2300 retailers. The Payportal team today is over 20 people strong, with most of them working in the sale department. In 2017, the company processed around 500 million rupees in payments, which represented a 45% growth from 2016.
The Payportal platform connects Indian service providers such as banks, mobile operators, digital TV operators and utility companies with public through a WALLET. A wallet number is linked to a mobile number of the owner. The platform is utilizing the advantages of personal computers and smart phones, IOS and Android apps are available. The project’s goal is to provide a solution to Customers to tackle the following challenges: regular visitings of different offices to pay monthly bills, cash collectors stealing, expensive and risky cross-border remittances, staying in a bank queues, wide geography logistics, non-professional service support and assistance, etc.
Token Details
Token Name: PPTL Token (PPTL)
Platform: Ethereum
Token Type: ERC20
Total supply: 20,000,000 PPTL
For sale: 14,500,000 PPTL
1 Token = 0,002 ETH
Softcap: 3000 ETH
Hardcap: 24 000 ETH
There will be 20 million tokens produced. 14.5 million Tokens will be sold to the masses. They will be sold at the price of 1 token = 0.002 ETH. The project has a soft cap of 3000 ETH and a hard cap of 24000 ETH.
Road Map
Q2 2018
Finalise integration with BBPS (Bharat Bill Pay System). Services will expand to process all utility bills that are issued by Indian countries nationwide. Customers using the system will be able to access their bills through the Payportal platform, and service bills online or through the retailer.
Q2 2018
Release a revised version of the Android and IOS applications with DMT (domestic money transfer). DMT service will be available upon deployment of the web-based solutions platform, and will be extended to smart phone apps. Primary objectives include increasing the number of wallet users.
Q3 2018
Propagate and increase sales revenue in Delhi, by promoting the new BBPS (Baharat Bill Pay System) for utility services such as; gas, electricity and water. Target the biggest distributors and retailers in the market, cultivating new leads for distribution.
Q4 2018 (future)
Create and distribute a targeted advertising campaign for the Payportal wallet – utilising online marketing tools to attract new customers to the online wallet. Once completed, embark upon developing proprietary blockchain, tailored to the Payportal ecosystem. Focus will be on decentralisation of data, cross-border money transfer services and fees.
Q1 2019 (future)
Focused geographical expansion campaign into surrounding areas – Faridabad, Ghaziabad and Noida. Expand sales team, cultivate new relationships with distributors and retailers in new geographical regions, promoting the Payportal platform.
Q2 2019 (future)
Develop and implement a loyalty program amongst distributors and retailers, with the aim of motivating the signed retailers to increase their sales revenue. Encourage distributors to improve quality of service, in turn increasing the number of new retailers. Payportal will introduce specific services to be used by both business parties within the loyalty scheme.
Q4 2019 (future)
Further positive geographical expansion to the 3 largest Indian cities and surrounding areas – Mumbai, Bangalore, Pune and Jaipur. Registration of new office sites, continued network development of retailers and distributors, marketing of the Payportal services. Finally, creating a co-branded payment product with banking partners.
Strengths
• Compact but highly skilled and experienced team & advisory board
• Tokenization model is simple and effective with great potential for price growth
• Hard cap is realistic and highly attractive to investors
• Material available was transparent and professionally made
• Extensive history from 2011 when Payportal Services Private Limited was founded
• Vast network of existing distributors and retailers on board.
For more information, please visit the links
Website: https://ico.payportal.in
Whitepaper: https://ico.payportal.in/docs/White_paper_Payportal.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=3285962.0
Github: https://github.com/pmrio/solidity
Twitter: https://twitter.com/PayPortal_India
Facebook: https://www.facebook.com/PayPortalOfficial/
Telegram: https://t.me/PPTLchat
Author: JonyAce
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1886490;sa=account