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: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq
  • 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: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq

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

maxi doge

Dogecoin στα $4; Το Maxi Doge μπορεί να φτάσει εκεί πρώτο, καθώς το αληθινό alpha τρέχει προς τα $2M στο ICO

Το Dogecoin (DOGE) έχει στο τραπέζι μια τολμηρή πρόβλεψη τιμής στα $4, παρόλο που δεν έχει καταφέρει ακόμη να ξεπεράσει...

Ιωάννης Ριζόπουλος 1 day ago
Crypto news

Crypto Volatility Alert: Friday’s US Jobs Report Could Trigger Major Move

The August US labor readings have turned Friday’s nonfarm payrolls into a live-fire macro event for crypto. On Wednesday, ADP’s...

Jake Simmons 1 day ago

20 Million New SUI Tokens Push Treasury To New High – Details

SUI Group Holdings moved again in the market, adding 20 million SUI to its holdings and lifting its total to...

Christian Encila 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

Crypto trading markt update: volatiliteit blijft hoog, groeien de zorgen?

Crypto Bull Run: Probability Of Fed Rate Cuts In September Almost At 100%

Scott Matherson 1 hour ago

Ethereum Outflows Drive Binance Supply Ratio Under 0.037, Signaling Bullish Setup

Ash Tiwari 5 hours ago
MemeCore

MemeCore Explodes 3,800% For ATH — But Is A Collapse Around The Corner?

Christian Encila 8 hours ago

Premium Sponsors

Press Releases

  • 50万ドル調達の新興プロジェクトが次の大型ミームコイン候補に浮上

    ...

    11 hours ago
  • イーサリアム売却後に注目される次のアルトコイン投資先4選

    ...

    11 hours ago
  • アルトシーズン前に投資候補となる仮想通貨プレセールの紹介

    ...

    11 hours ago
  • 仮想通貨おすすめ:市場回復期に注目すべき銘柄リスト

    ...

    12 hours ago
  • 今日注目すべき1ドル未満の新しい仮想通貨 ― 9月6日版

    今日注目すべき1ドル未満の新しい仮想通貨...

    12 hours 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.