Paygine for your business solution

The cryptocurrency market is a multibillion-dollar business. It's impossible to ignore the existence of cryptocurrency and blockchain technology but there are also many challenges. The biggest challenge of preventing the majority of companies from providing cryptocurrency based payment services, is the establishment and maintenance of contractual relations with banks and money transfer operators. Companies that provide these services say that their main barrier is high costs to ensure compliance with regulatory requirements.

The solution to this problem is to establish a new open financial platform based on our own banks located in profitable jurisdictions to conduct transactions in crypto currencies and organizations that hold US money transmitter licenses. White Label services provided by the platform will allow businesses to develop their own products under their own brands without additional legal fees.

Introducing Paygine

Paygine is an open financial platform designed to operate within its own proprietary banking structure and designed to serve FinTech and crypto-business needs in areas of money remittance, cryptocurrency exchange, and payment for "real" goods and services under white label solution.

Paygine's key competitive advantage over similar projects is that it can leverage off existing platform and technologies that is currently used by FinTech businesses, e-commerce, and beyond.

The Paygine platform would offer the following services by utilizing Best2Pay existing technology: - Transferring cryptocurrency to/from a bank card; - Paying in shops and stores using a card in cryptocurrency; - Accepting cryptocurrency as a payment for goods and services at online stores; - Carrying out cross-border transfers of fiat currencies by means of cryptocurrency with minimal costs; - Maintaining wallets in both fiat currencies and cryptocurrencies with the ability to conveniently and quickly convert funds between them.

Official Video Paygine

Paygine Service

For all services described below, it will be possible to set rates, service requirements, commissions, and more., For end customers. Configuration will be carried out through the API on an ongoing basis, or during certain operations, allowing Paygine clients to quickly change service requirements for their own clients, thus providing flexible competitive services at that time. and able to implement complex financial schemes.

KYC Procedure

Because the main focus of our business is the transfer of funds between clients in different jurisdictions, we will give full attention to the process of providing online identification and validation data to clients for:

• Achieve compliance while ensuring timely and efficient client onboarding;
• Understand the nature and true purpose of the account being prepared;
• Lower ownership costs with flexible solutions that can be adjusted to respond to a changing regulatory environment;
• Implement a risk-based approach to KYC compliance that allows us to focus resources and apply appropriate restrictions on high-risk clients.

Token

PGC Tokens will be the basic functional tool on the Paygine platform and can be purchased through ICO sales or on exchanges after the ICO. A limited number of tokens (151,750,000) will be generated. There will be no additional tokens issued.

Token Sale Details

Token Sales Schedule : 18 June - 17 August 2018
Purchase Tokens : Ethereum
Token Price : 1 PGC = $ 1
Bonus : 5% - 30%
Total Supply of Tokens :151,750,000 PGC

Paygine advantages

• Maintain Personal Individual Accounts
  individuals will open internal accounts in one currency (USD, EUR, etc.) and will be given an identification status depending on the data provided at the KYC stage, applicable laws, and individual residences. All calculations and actions with the account will be carried out in full accordance with the AML / compliance procedures received on the platform. The ability to open an account, manage it, provide additional information, and more, will be available through an integrated API.
• E-Wallet (Electronic Wallet)
  Electronic wallets are the perfect payment tool for those who spend or make money on the Internet by making online purchases or selling goods and services online. With the help of e-wallet, it is possible to make various calculations using virtual money, which can then be converted into individual cryptocurrency, or to fiat currency, and withdrawn to a bank account or card.
• Switch Between Crypto And Fiat Currencies
  Exchange plays an important role in the cryptocurrency economy by offering markets for trade, liquidity and price discovery. Therefore, it is very important for us to be able to provide exchange services to our clients as well, and to enable them to exchange between different cryptocurrency and from and to fiat currencies.
• Exchange Fiat Currency
  We also plan to offer exchange services at customer friendly rates. Currency exchange will always be in demand, and we estimate that opening in that market is due to the high conversion rates and bank commissions that usually occur.
• Payment Processing For Cryptocurrency Recipient Traders
  The Paygine platform (under the Best2Pay brand) has been actively used by many traders to receive payments using bank cards and make more than 2 million transactions per month, with a turnover of more than US $ 115 million per month. At the same time, we provide our merchant clients with both functions, which are common in obtaining the Internet, and functions that are rarely offered by our competitors.
• Maintain One Account For Traders (In Cryptocurrency And Fiat Currencies, With The Possibility Of Automatic Conversion)
  This service is a logical continuation of payment of merchant recipients on cryptocurrency. Despite the growing popularity of cryptocurrency, most traders transact in fiat currency. We believe that to increase attractiveness in handling cryptocurrency, traders must be able to freely convert fiat and cryptocurrency currencies between each other.
• Give The Last Mile To Transfer Money To The Destination Country And The First Mile For Transfer From That Country
  All current money transfer systems based on cryptocurrency are facing the challenge of finding partners who will provide stable and affordable money transfer services. When creating our services, we specifically consider the features of the money transfer system that will affect cryptocurrency.
• Money Transfer Service - A Service That Provides International Money Transfers Based On Cryptocurrency As A Payment Rail
  Active cryptocurrency is used as a mechanism to transfer funds abroad and in certain countries. This is a fast and often cheapest transfer method. Because of this, we estimate that such services will be in great demand.
• Deposits And Withdrawals
  Maintaining various ways to deposit accounts, wallets and individual personal cards on the Paygine platform, as well as developing extensive ways to withdraw funds from them, is very important when choosing and evaluating the convenience of working with a particular platform.
• Provides Access To Many Exchanges Through One Interface
  The number of crypto exchanges in the world continues to increase, but conditions, protocols and requirements for all exchanges are different. Often there is a need to work with multiple exchanges at once.
• Publish Cards Related To Fiat Or Cryptocurrency Accounts
  It's still quite difficult to pay with a cryptocurrency account on the Internet and in brick-and-mortar stores. This problem is solved by issuing a virtual / physical card combined with the conversion mechanism from cryptocurrency to fiat currency. Having experience in implementing similar projects in banks, we plan to join one of the international payment systems and certification for card issuance, both physical and virtual.
• Peer-To-Peer Service
  Electronic wallets are the basis of peer-to-peer services that we have previously highlighted. This service combines the ability to make a wallet through the API, and allows for the issuance of virtual cards, and input and output channels with various predetermined settlement schemes between private individuals. Peer-to-peer services are in great demand in many types of businesses (eg, platform aggregators) that bring people together to sell goods or provide services to one another directly.

Team

Members :

• Kirill Radchenko - CEO, Best2Pay and cofounder of Pay Engine Limited
• Michael Luposhtyan - Senior Vice President, Best2Pay and cofounder of Pay Engine Limited
• Maxim Neshcheret - Business Development Director, Best2Pay Singapore
• Raniya Luposhtyan - Chief Financial Officer, Best2Pay, US, and cofounder of Pay Engine Limited
• Alexander Petrov - Chief Technology Officer, Best2Pay Russia
• Vitaly Furmanov - Senior Vice President, Best2Pay
• Michael Vehorev - Developer, Best2Pay
• Vadim Buneev - Developer, Best2Pay

Advisors :

• Gary J Ross - Partner, Ross & Shulga PLLC
• Arina Shulga - Partner, Ross & Shulga PLLC
• Azat Nugumanov - Partner
• Anastasia Klimenko - Vice President
• Djibril Diallo - Vice-President, TransferTo
• Byanmunkh Volodya - Director, «Truly Digital Bank»
• Salah Abci - Partner , Grant Thornton

Roadmap/Milestone

• 2012
  Establishment
  Project start
  Team formation
  Choice of technology and system architecture design
  Start of platform development.
• 2013
  Development
  Development of the platform
  PCI DSS Level 1 certification*
  VISA and MasterCard registration
  Introduction of first services to market
  First sales of online loan repayment, merchant acquiring, card2card transfer.
• 2014
  Achievements
  Start of active sales
  In cooperation with VISA and MasterCard, new services are developmed and introduced to market
  Go-live with our first large retail bank.
• 2015 to 2017
  Accomplishments
  Advanced service supplier for numerous banks
  Turnover as of October 2017 - more than US$ 115 million per month
  Portfolio of serviced loans is over US$ 18 billion
  Launch of unique peer-to-peer platform.

Official Information :
Website : https://www.paygine.com/
Whitepaper : https://www.paygine.com/assets/helpers/files/en.pdf
Telegram : https://t.me/paygine_official
Twitter : https://twitter.com/paygine

Created by Budi691 : https://bitcointalk.org/index.php?action=profile;u=1001016
eth : 0x343553E9296E825E6931EDc5b163bDA39515c731