Hello,
I have two questions:
- What specific benefits does Pspay token offer its holders and how does it differ from other forms of payment such as cash and credit cards, as well as other cryptocurrencies?
- How do IvendPay and Paycoin Solutions plan to introduce and implement the use of cryptocurrency payments in vending machines and portable machines in Brazil, and what strategies do they have in place to ensure the widespread adoption and acceptance of these alternative forms of payment among both consumers and businesses in the country?
Hello,
I have two questions:
What specific benefits does Pspay token offer its holders and how does it differ from other forms of payment such as cash and credit cards, as well as other cryptocurrencies?
How do IvendPay and Paycoin Solutions plan to introduce and implement the use of cryptocurrency payments in vending machines and portable machines in Brazil, and what strategies do they have in place to ensure the widespread adoption and acceptance of these alternative forms of payment among both consumers and businesses in the country?
Hi maxtra!
Thank you for your questions, which are excellent by the way.
Let's go!
Pspay has several benefits such as:
1 - Pspay will automatically burn 1% on every buy trade and 2% on every sell trade, which makes it a deflationary token, becoming more scarce and valuable every day;
2 - Monthly strategic burns will be done during the first year to reduce supply and increase Pspay's value;
3 - Part of the buying and selling fees will be returned to the holders automatically, in their wallets;
4 - In the future there will be a cashback program where we will encourage sellers who accept Pspay as a payment method to give cashback to their customers;
5 - Pspay is a token that will work across an entire ecosystem of the project serving to:
* Pay cheaper for products sold in our own marketplace (Paycoin Shop) that will be built providing the lowest fees,
* Get a discount when launching a project on our launchpad (Psfly) when paying with pspay
* Pre-sales of projects that have their tokens listed on Psfly can be purchased with Pspay for a more attractive value than other currencies;
* Pspay will be used to pay the fees for the Swap to be built;
*Pspay will be used to pay for everyday bills and consumer items in restaurants, supermarkets, and other establishments through the app that will be developed and also through the credit/debit card machines that will have Ivendpay's technology integrated to process payments in tokens and cryptocurrencies.
The answer to your second question is:
Paycoin Solutions together with Ivendpay are working to produce a machine with credit/debit/crypto card functions at the same time, as well as vendind machines with the same system.
The strategic issue for adoption and acceptance is to reduce the costs of the machines so that they are affordable and through a team of salespeople who will first visit large establishments that have a large flow of consumers to present the proposal, in addition to offering these machines on our website.
It is hard work and long term, but unlike other cryptos or tokens, we will not wait for people and businesses to adopt a token as payment on their own, we will run after them and show/offer that the technology already exists, that it is accessible and that it will inevitably be used, something that no one has done until now.
We hope we have answered, even if only briefly, your questions.
If you have any questions, we suggest you read the whitepaper on the website.
Sincerely,
Paycoin Solutions Ltd Team