PayPortal - Blockchain Platform for Bill Payments and Money Transfers

shirano (41)in #cryptocurrency • 6 years ago (edited)

India is the 2nd most populated country in the world, And, World's largest democratic country as well. India got the world's 2nd fastest economic growth rate.

India is the world's top remittance recipient, Indians send about 69 billion dollars back home. World Bank reports say remittances to India rose by 9.9 percent in 2017 to retain its top position as a recipient of money sent by foreign workers with total inflows of around 69 billion dollars. It continues furthermore in 2018 as well.

Meanwhile, There is a trend that bill payments takes place through digital payment systems all over the world. Digital payment instruments like wallets and assisted payment service providers allow people to send money home avoiding queues and all making easier their day to day life. Gradually more and more people adapting to digital payment methods instead of traditional payment methods that they used to use before.

Payportal Services Private Limited is a private company which is established in 2011 under the laws of India. They have been in the payment service industry since 1996.

The Payportal creates relations between service providers and their customers by processing online recharges, Using this platform, users can make bill payments and domestic money transfers bill payments and domestic money transfers as it is more secure and easy.

What Is Payportal?

The Payportal centralized platform that connects Indian service providers like banks, mobile operators, digital TV operators and utility companies with public through a wallet. All the services take place via the Payportal wallet. that wallet number is directly linked to a mobile number of the wallet’s owner.

Setting up a wallet easy It takes only 2 minutes fo rit and two factors authentication process ensure that customer is exactly the person who owns the wallet. Clients can access the wallet via a secured webpage on a browser or They can utilize an iOS or Android application for it. As they use blockchain technology wallet data will be safe, So there is no way for hackers to access to the system. This is a great way to make transaction between two countries as well.

To full fill these goals. PayPortal plans to create tokens named PPTL coin, These coins will act as the fuel on the platform and PPTL coins will be converted into Indian rupees at the final stage of the transaction.

Summary

At present day, People prefer to use digital payment systems more than traditional bill payment systems Because everyone is busy and they don't want to waste their time in queues. PayPortal project is designed to take this trend to the next stage by adding blockchain technology to it. PayPortal connects service providers and their clients through a wallet. All the services take place via the Payportal wallet and that wallet number is directly linked to a mobile number of the wallet’s owner. The wallet is highly secured and easy to create. This project is an ambitious project.

Team

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Advisors

Roadmap

2018 Q2

Finalizing an integration with BBPS

Integration with Bharat Bill Pay System will extend access to all utility bills, issued by Indian companies across the country. Customers will be billing through PayPal platform and timely pay bills on-line or through retailers.

2018 Q3

Releasing new version of IOS and Android applications with DMT

Domestic money transfer service is available at the moment and the basis of wallet usage by customers.

2018 Q3

Increasing the sales efforts for the area of Delhi

Promotion of new BBPS services like electricity, gas and water among the largest distributors and retailers in the market. Find leads for new distributorship.

2018 Q4

Advertising of Payportal wallet

Running internet advertising campaign to attract and extend on-line Payportal wallet users.

2018 Q4

Development of own blockchain

Development and implementation of blockchain technologies for decentralization of data, cross-border money transfer service and collection fees.

2019 Q1

Geographical expansion to the new areas close to Delhi (Faridabad, Ghaziabad and Noida)

Increasing the sales team, creating new distributors and retailers in new areas, promoting Payportal platform among retailers.

2019 Q2

Developing and implementing loyalty program for retailers and distributors

Implementing a loyalty program, that will motivate retailers to increase sales. Distributors in turn, will improve the service quality and the number of new retailers. Additionally, our Company will introduce the number of owned services to be used by retailers and distributors for redemption of loyal bonuses and receiving extra value.

2019 Q4

Geographical expansion to TOP 3 largest Indian cities and surrounding areas (Mumbai, Bangalore, Pune or Jaipur)

Registration and opening new offices.
Creation networks of distributors and retailers.
Promotion of Payportal services.
Creating co-branded payment products with banks.

Token Details:

Token Name: PPTL
Token Type: ERC20
Private sales: April 16, 2018 - May 06, 2018
Tokens available for sale: 2,000,000 PPTL token
Bonus 30% + Additional Bonus
Pre ICO Minimum transaction limit = 100 ETH
Total Token: 20 000 000
ICO: July 15, 2018
Tokens available for sale: 14,500,000
Receiving Payment: ETH
Price 1 Token = 0.002 ETH
SoftCap: 3000 ETH
HardCap: 24 000 ETH

Token Sale Stages

Private sale
April 16 - May 06, 2018
2,800,000 PPTL
30% + EXTRA
Public Pre-sale

DATES WILL BE ANNONCED AFTER PRIVATE SALE
3,900,000 PPTL
30% Bonus
DATES WILL BE ANNONCED AFTER PRIVATE SALE

3,600,000 PPTL
20% Bonus
DATES WILL BE ANNONCED AFTER PRIVATE SALE

2,200,000 PPTL
10% Bonus
DATES WILL BE ANNONCED AFTER PRIVATE SALE

2,000,000 PPTL
0% Bonus