NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Paycent- Enabling Everyone in the Payment Chain

newsbtc
newsbtc
7 years ago
2 mins read
paycent

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Paycent is a global mobile dual e-wallet that can be funded with cryptocurrencies and fiat, all within the same application. Paycent is continuously expanding into the fiat ecosystem, having partnership talks with several governments, banks, and companies. The company already has a live working product and committing to keep improving the Paycentos Wallet. The application is available for download on Play store and App store.

Paycent is on a serious expansion spree, and in this regard, it has already received regulatory licenses in Philippines and UAE, along with an in-principle approval in Singapore and Hong Kong. The platform is also in the process of negotiating an acquisition and merger of two banks in the Philippines. Soon, Paycent plans to develop and host a new exchange – Paycentos Real-time Exchange in Dubai, followed by a Unified Digital Payments Network for banking and government services in Egypt and Jordan.

Paycent brings the cryptocurrency market to those audiences who have minimal experience in this market, where the user can swipe right on the Paycentos e-wallet allowing him to buy, spend, invest in cryptocurrency with a simple interface. With an optional Paycent Debit card, one can use it at over 200 million points, including ATM withdrawals.

Paycent will build a digital identity of a user’s credit ratings that will be linked to the user’s e-wallet profile. Based on these ratings, users will be able to get a loan. Initially, the size of loans offered will be small, but as the reputation increases, the limits will be raised.

Being an innovative financial platform, Paycent has opted to raise the required funds through a non-traditional way – Initial Coin Offering (ICO). The crowdsale is set to take place on November 2, 2017, during which Paycentos tokens will be created for participants.

During the crowdsale, PYN Token will be sold at the rate of 1ETH = 600PYN

“Holders of PYN tokens will receive 33% of the total interest revenue of microloans to Paycent lenders.

Holders of PYN tokens will receive 33% of the aggregate exchange rate revenue for cryptocurrencies to fiat and vice versa converted between the dual e-wallet of Paycent.

This will be done quarterly with the bounty being paid in ETH to the PYN holders.”

The token sale will start on November 2nd, 9 AM UTC+8 and will last until November 30th, 9 AM. The platform has set PYN total cap at 270,000,000, where 60% will go to investors. During the first 48 hours of crowdsale, participants stand to will buy with a 27% bonus, day 3-5 with 18% bonus and day 6-10 with a 12% bonus.

With the remittance license approved in the Philippines and UAE, pre-approved in Singapore and Hong Kong and under process in Indonesia, Paycent is soon looking at an international presence in nations with huge remittance markets. In under a month, the Paycent app has achieved over 35,000 user downloads with over 1000 average daily active users.

All this ware created by a hard-working team, with many years of experience and hard work. The prominent team members include;

–     Sumedha Goel – President and Founder
–    Svetlana Umarova – Vice President and Co-Founder
–    Brian Tan – CEO
–    Nitin Gupta – COO
–    Arthur Munsayac – CIO
–    Helen Laylo – Head of Corporate and PR
–    Pratik Sarvaiya, Deanson Yeo, and Vishal Taneja – Business Development Manager
–    Hassan Alsheik – Technical Lead
–    Alexander Virtucio – Senior Software Architect

For more details on this project, read the whitepaper or visit the website

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test

Earlier this week, the US Federal Reserve (Fed) cut interest rates by 25 basis points, providing the much-required impetus to...

Ash Tiwari 1 day ago

Comprare cripto su MEXC è Ora Più Semplice Con Apple Pay e Google Pay

La piattaforma di scambio di criptovalute MEXC introduce una nuova funzione che rende ancora più semplice per gli utenti accedere...

Orfeo Barone 1 day ago
suncar crypto

Η SunCar επενδύει έως 10 εκατ. δολάρια σε κρυπτονομίσματα

Η κινεζική εταιρεία SunCar Technology Group Inc. (NASDAQ:SDA), γνωστή για τις ψηφιακές της υπηρεσίες στον τομέα της ασφάλισης αυτοκινήτων, ανακοίνωσε...

Ιωάννης Ριζόπουλος 1 day ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Cardano

As XRP Grabs Headlines, Can Cardano Price Surge Toward $100?

Scott Matherson 10 hours ago
Shiba Inu

Shiba Inu Joins The Ranks Of Dogecoin, XRP On Coinbase ETF Watchlist – The Next Big Thing?

Scott Matherson 13 hours ago
X

X Blows The Lid Off Bribe Scandal In Crypto Account Restorations

Christian Encila 21 hours ago

Premium Sponsors

Press Releases

  • パイネットワーク...

    22 hours ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Cele mai bune altcoin-uri de cumpărat, pe măsură ce...

    23 hours ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Cele mai bune meme coin-uri de cumpărat acum, pe măsură...

    24 hours ago
  • Cele mai bune meme coin-uri de cumpărat acum, pe măsură ce capitalizarea pieței se apropie de 1,9 trilioane RON

    Nejlepší meme coiny k nákupu nyní, když se tržní...

    24 hours ago
  • Cele mai bune altcoin-uri de cumpărat, pe măsură ce prețul Solanei se apropie de maximul istoric

    Nejlepší altcoiny k nákupu, když se cena Solany...

    1 day ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.