[ANN] - page 50. | Bitcointalksearch.org

paycent

member

Activity: 681

Merit: 10

Quote from: spottcoin on November 16, 2017, 02:38:23 AM

Quote from: paycent on November 14, 2017, 09:29:45 AM

Quote from: spottcoin on November 14, 2017, 05:56:53 AM

Hello. Can companies use the exchange of assets in the crypto currency in order to avoid paying taxes?

We are not promoting tax evasion, all transactions are transparent.

But in most countries transactions using crypto currency are not regulated. Will those who commit them be able to pay taxes?

We are entering crypto from fiat by having licenses in place such EMI and Remittance licenses. So everything is legal. Please read our whitepaper for details: https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=7.6

paycent

member

Activity: 681

Merit: 10

Quote from: stopatnever on November 16, 2017, 02:38:03 AM

What’s the difference between Paycent and companies like TenX and Monaco?

We are entering Crypto from fiat by having licenses in place, EMI and Remittance licenses. It's not only debit cards. We have a dedicated mPOS and merchant app. That is hybrid it’s not only fiat. We have offices and over 70 people spread in 9 countries and expanding further in other countries too. The Cointelegraph article also explains it nicely Our business model is different in other words from TenX is fiat and crypto together. Hence our requirements are different from others Its not only debit cards, all licenses have a cost. Currently Fiat User App is available.

paycent

member

Activity: 681

Merit: 10

Quote from: romfish on November 16, 2017, 02:25:48 AM

Quote from: paycent on November 14, 2017, 06:33:34 PM

Quote from: gpower on November 14, 2017, 11:26:29 AM

Do you plan to obtain licenses from regulators in other countries?

Yes to support the smooth money flow between fiat and crypto.

But getting a license is a rather long process. When are you going to submit your first applications?

We have started the 1st leg in Singapore, Philippines, Indonesia, UAE. Please check our roadmap: https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=7.6

unkletoken

full member

Activity: 350

Merit: 100

Hello. What is the discount rate for merchants using mPOS solutions developed by your platform?

thelastofas

member

Activity: 142

Merit: 10

Will users be able to destroy any part of their tokens? Sell them far below the market price, for example?

Forspareparts

full member

Activity: 252

Merit: 100

Good afternoon. Let's say I'm changing Bitcoins to Euro. In what currency will I be charged?

spacegt

full member

Activity: 336

Merit: 100

Quote from: paycent on November 15, 2017, 05:55:19 AM

Quote from: spacegt on November 15, 2017, 01:38:12 AM

Is there a charge on automatic conversion of crypto currency to fiat money?

There is a minimal fee of 1.5%. Keeping the fees low will be Paycent's priority as we are looking to add more users to the ecosystem rather than earning more profit. To know more about it, kindly read the whitepaper: https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=7.6

Does the size of the sum that I would like to exchange affect the size of the commission?

spottcoin

full member

Activity: 406

Merit: 100

Quote from: paycent on November 14, 2017, 09:29:45 AM

Quote from: spottcoin on November 14, 2017, 05:56:53 AM

Hello. Can companies use the exchange of assets in the crypto currency in order to avoid paying taxes?

We are not promoting tax evasion, all transactions are transparent.

But in most countries transactions using crypto currency are not regulated. Will those who commit them be able to pay taxes?

stopatnever

newbie

Activity: 16

Merit: 0

What’s the difference between Paycent and companies like TenX and Monaco?

romfish

full member

Activity: 378

Merit: 101

Quote from: paycent on November 14, 2017, 06:33:34 PM

Quote from: gpower on November 14, 2017, 11:26:29 AM

Do you plan to obtain licenses from regulators in other countries?

Yes to support the smooth money flow between fiat and crypto.

But getting a license is a rather long process. When are you going to submit your first applications?

Shaurman

member

Activity: 392

Merit: 10

Quote from: paycent on November 14, 2017, 09:27:20 AM

Quote from: Shaurman on November 14, 2017, 05:54:01 AM

Do I have to visit the physical office of your company in order to open a bank account in Paycent?

Paycent is not a bank.

Does it mean that it’s possible to transfer the funds only from the card to another card, without receipts?

MadduckUK

full member

Activity: 336

Merit: 100

Quote from: paycent on November 14, 2017, 09:25:52 AM

Quote from: MadduckUK on November 14, 2017, 03:30:03 AM

Hello. I'm wondering if your debit cards will have an overdraft option.

None at the moment. But you may use the microloan feature.

And what interest rate will apply to the principal amount of this microloan?

bit679

full member

Activity: 392

Merit: 100

Quote from: paycent on November 14, 2017, 09:18:18 AM

Quote from: bit679 on November 14, 2017, 12:39:04 AM

With which stock exchanges have you already managed to reach an agreement?

We cannot disclose them as of the moment. We will disclose them when contracts are finalized.

Well, at least tell us about what volumes of liquidity are you talking about? Or is it also private information?

paycent

member

Activity: 681

Merit: 10

Quote from: superwallet on November 15, 2017, 04:10:40 AM

Will your cards have a daily spending limit?

Yes, there is and depending on the type of Paycent Debit Card. Know more about it here: https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=7.6

paycent

member

Activity: 681

Merit: 10

Quote from: slavonicpl on November 15, 2017, 04:09:53 AM

Hello. Any member of the ICO receives a premium black card of Solitare, right?

Hi! Just to clarify:
"1. Paycent Solitaire Card
This is a limited edition card for Paycentos (PYN) token
holders who invest 500 ETH or more in the project. It comes
with daily spending limit of US $100,000 and withdrawal limit
of US $5,000 aside from the multiple additional rewards for
the token holders. Card issuance and delivery fee are waived
for Paycent Solitaire card holders."

This is taken from our whitepaper. To know more about this, read our whitepaper here: https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=7.6

paycent

member

Activity: 681

Merit: 10

Quote from: energycrypt on November 15, 2017, 02:05:07 AM

What types of cards are available for release? Are they all serviced at the same price?

We have three kinds of Paycent Debit Cards namely: Paycent Solitaire Card, Paycent Sapphire Card and Paycent Ruby Card. The Paycent Ruby Card will have a minimal card issuance fee of $15. To know more about it, read our whitepaper: https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=7.6

kentuckykid

member

Activity: 238

Merit: 10

Have you managed to conclude cooperation agreements with central or national banks?

paycent

member

Activity: 681

Merit: 10

Quote from: rocketbit48 on November 15, 2017, 02:04:00 AM

Good afternoon. Are the conditions for using cards different for those who took part in the ICO and for those who ordered a card later?

Yes, we'll be giving away additional tokens for contributors during the ICO. This is our way of saying thanks to the people who've trusted us early on.

paycent

member

Activity: 681

Merit: 10

Quote from: nicolasbit on November 15, 2017, 02:03:11 AM

Will the cards be delivered for free to customers of your platform by mail?

We are still looking at the specifics of distributing the Paycent debit cards. We will announce any updates about it once we've finalized it.

paycent

member

Activity: 681

Merit: 10

Quote from: dayasinfo on November 15, 2017, 01:39:11 AM

Hello. When will the first physical cards be released? Is their quantity limited?

We will initially release 10,000 Paycent Debit Cards on the 10th of April 2018 – 30th of April 2018. Know more about it on our whitepaper: https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=7.6

Topic: [ANN] - page 50. (Read 49276 times)