PAYGINE : Inculcating Traditional Banking into the Crypto World.

General Overview
The economy of the world is undoubtly moving towards a digital driven ecosystem. Business investment to money transfer, everything is rapidly going paperless.
The latest and most innovative addition to the digital payment sector is cryptocurrency.

To an ordinary individual, the understanding of money includes that it must perform three functions;
it must act simultaneously as a store of value,
It is a medium of exchange and a unit of account.
It must be able to serve as a medium of exchange in online and offline transactions, easily transferable and fully secure.

Paygine has the potential to take a market share, as its intended strategy of purchasing banks in friendly jurisdictions will ensure stable operation for the platform worldwide, and the introduction of its DLT module will speed up transaction times.

Not all cryptocurrencies process these characters of a currency and this has been hindering the main stream acceptance of cryptocurrencies as a medium of exchange and store of values.

Paygine assets consumers and businesses by using cryptocurrency as easy as they are using fiat currencies in their everydays' life.
Paygine also is a financial platform designed to offer cryptocurrency-related services to both individuals and businesses, allowing for easier, faster, and less expensive currency transactions in a variety of usage situation.

Personal users will have the ability to maintain a wallet in both fiats( USD ,EURO, NGN and so on) and cryptocurrencies (BTC, ETH and many others) and they will be able to interchange it within same wallet. The wallet will be multifuctional hybrid wallet.

Cryptocurrency transactions to and fro with a bank card will also be possible by individual using Paygine service and cross border instant transfer of any currency with low cost will also be a reality in the project.

The platform will permit retailers to accept cryptocurrency as a payment for goods and services at their place of business or online storefronts, and then automatically convert those payments into the currency of their choice.

Paygine holds a critical competitive advantage over similar projects and competitors, and it consists of its ability to leverage its existing platform and technologies that are currently used by FinTech businesses, e-commerce, and beyond.

With the creation of such powerful payment and exchange platform from scratch would require major amounts of both time and money in research, development, and testing.
Nevertheless , Paygine is licensed to utilize Pay Engine Limited technologies and products, which already have undergone years of successful development and testing and have a proven track record of successful real-world use and support. By leveraging the existing technology solutions created by Pay Engine Limited, Paygine will avoid the growing pains and get right down to business.

How Paygine Operates

The platform will make use of their already existing Best2Pay platform, technologies, and business experience to develop Paygine services. All services will be provided through an open API, so customers can make use of them at their own discretion.

Paygine will not make provision for direct services to individuals, but it will work with financial technology companies, internet shops, and financial service providers, as well as aggregator sites, and they will in turn provide unique services to their loyal personality that will benefit .

Paygine is basically not developing an electronic wallet, a cryptowallet, bank cards, or transfers under its own brand.
These products would be built by Paygine customers under their own brands, and private individuals and businesses will be able to choose services from Paygine’s clients.

Paygine’s main competitive merit over similar projects is that it leverages the existing Best2Pay services and technologies. The Paygine platform (under the Best2Pay brand) is already actively used by many merchants to accept payments using bank cards, and conducts more than two million transactions per month, with a turnover of more than $115 million per month. Paygine major goal is to bring Best2Pay’s services into the cryptocurrency .

Uniqueness of the platform

Paygine consists of an all-purpose financial platform that performs its operations within its very own banking structure. Its primary goal is to help FinTech and cryptocurrency-related projects or propositions perform critical functions such as transfering funds, crypto exchange, and payment for actual items and services.
The platform has all licenses required for unlimited usage of Pay Engine technologies and products. The latter is a well-known company, with successful experiences at firms such as American Express, SEB, Bank St-Petersburg, Sberbank, Renaissance Credit, ABN-AMRO and RBS. Pay Engine Limited own the Best2Pay brand, which launched the Best2Transfer platform with the help of Visa and Master Card.
Token Analysis

The platform's coin
Paygine will conduct an initial coin offering in order to increase money for the project. Investors will be able to buy Paygine tokens (PGC) that will be used to pay for platform services.

The PGC token will be the basic functional unit of payment on Paygine platform.A fixed number of tokens (151,750,000) will be generated.

ConclusivelyPaygine will provide endless FinTech solutions for every actor involved in the industry, from peer-to-peer aggregator platform to serviceand organizations that create e-wallets and crypto-wallets; systems for international money transfers based on cryptocurrencies .
Team and Partners

For more information kindly access the links below

Website : https://paygine.com

ANN : https://bitcointalk.org/index.php?topic=2916009

Medium : https://medium.com›paygine›media

White paper : https://paygine.com/assets/helpers/files/en.pdf

Telegram : https://t.me/paygine_official

Authors Details

Name : Dulo Wegner

Btt profile

https://bitcointalk.org/index.php?action=profile;u=1196236;sa=account