Press Release

PAYCENTOS – Bridging the Gap Between Cryptocurrency and Fiat

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Times are evolving. A few years ago, people were not familiar with the internet, e-mail, or smartphones. But now, these three things become very familiar with the daily life of the community, including business people. This intimacy even changes the way business operators do business. Until we came to the technological century. The average transaction in this era is done online. In fact has also present a means of payment in the internet, ie digital currency or cryptocurrency. And no doubt that technology has a big share in today’s business growth.

Bitcoin is one of the most popular virtual currencies. Since its emergence in 2009, although in the beginning there may still be some people who are skeptical of this asset, in fact now Bitcoin is growing in number of users around the world. Over time, Blockchain’s technology, which is the backbone of digital currency, is a decentralized and peer-to-peer system that does not depend on any party. Thus allowing transactions without any third party.

The steady increase in virtual currency users and their growing popularity seem to make many countries and retailers begin to consider accepting cryptocurrecy as a means of payment. One of the innovations presented by paycent is the delivery and receiving of funds, shopping, and paying bills without cash or credit cards by integrating mobile applications. Paycent is a global mobile dual e-wallet that can be funded by cryptocurrencies (e.g. Bitcoin, Ether, Litecoin) with high liquidity and fiat currencies within the same mobile application. This allows the cryptocurrencies holders multiple avenues of spend and straddle the world of fiat and cryptocurrencies. By having integrated fiat and crypto mobile wallets, plus the option of having a debit card linked to Paycent, this opens 200 countries and 36 million points that Paycent is accepted.

What is Paycent?

Paycent is a financial platform powered by Texcent, a Singapore-based company dedicated to deliver fully integrated mobile applications. Paycent aims to be the global leader for complete mobile and cashless transactions. Paycent runs on an entirely virtual channel and is comprised of two apps: one for users and one for merchants. We offer both users and merchants a secure and convenient digital payment platform so you can send and receive funds, shop and pay bills without using cash or credit cards.

What is Paycentos?

Paycentos is a cryptowallet that enables the user to exchange between fiat currencies and cryptocurrencies seamlessly. The Paycentos e-wallet is the major gamechanger as it enables users to buy, store, transfer, and pay using blockchain assets through their smartphone or a physical Paycentos Debit card across 200 countries and 36 million merchants.

What makes Paycent a Promising App?

Paycent mobile app was launched on 21st of August 2017. To cater the widest target market across countries offering:

◊ Multiplatform wallet

  • IOS app
  • Android app
  • Web browser
  • SMS

◊ Multi-market features for different countries

  • Asia
  • Middle East
  • America
  • Enabled cross-border payments at a lower cost for customers
  • Cross Border Send or Request Fund for Users
  • Cross Border Pay for Users
  • Cross Border Split Bill for Users
  • Cross Border Bills Payment for Merchants

How does Paycent works?

Paycent can help you live a comfortable and convenient life through its features and functionalities.

  • Send / Request Funds – This feature allows users to send and request funds from other Paycent users anytime and anywhere.
  • Top Up – This enables users to pay for their prepaid utilities: Mobile load, electricity, cable, and water.
  • Split Bill – This allows friends and families to share the bill of goods and/or service using their Paycent credits.
  • Pay Merchants – The feature enables users to pay for good and/or services from Partner merchants.
  • Add Funds – This feature allows users to add credits to their Paycent account through their bank account, credit card, and over the counter cash thru partner banks and merchants.

Cash Out – This allows users to cash out their Paycent credits through partner banks and merchants
Bills Payment – This feature allows users to pay for their utilities even across borders.

Paycent are offering a Token Sale of PYN tokens (Paycentos), instead of raising funds via the traditional method, to allow the community to participate in our success of straddling between the crypto and fiat world.

RoadMap


Token Details

Platform :Ethereum
Category: Payments
Total Supply: 450,000,000
Token Sale Starts: 2nd Nov 2017; 9 AM (UTC +8)
Token Sale Ends: 30th Nov 2017; 9 AM (UTC +8)


 


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