One of our Service will be Bitcoin Gift Cards creation and redemption and we are looking for Merchants who will subscribe to this at this stage.
SOLUTION:We are providing a solution where you can spend your Bitcoins without an Internet, and this also will be great for those who don't know anything about Bitcoin. The Paycoinly Bitcoin Gift Card has a 16 Digit Redeemable code which can be spent online or offline at any store that accepts Bitcoin.
EXAMPLE ON HOW IT WILL WORK: Offline To Buy:---> 
James is a user at paycoinly.com, creates a Gift card (Virtual) worth $50
BTC,
---> Walks to a shop to buy and pays via Gift card
---> Merchant receives Redeemable code and logs it to paycoinly redeemable Gift Page ---> Sees value of Card and transfers to his own Wallet
---> TRANSACTION COMPLETED.As A Money Transfer Service:---> James is a user at paycoinly.com, creates a Gift card (Virtual) worth $700
BTC, Sent it to Jane via email,
--->Jane Walks to a nearby Merchant to redeem
---> Merchant receives Redeemable code and logs it to paycoinly redeemable gift page ---> Sees value of Card and transfers to his own Wallet and pays Jane cash value
---> TRANSACTION COMPLETED.ADVANTAGES OF THIS SOLUTION:1) Increase The Number Of Bitcoin Users: You would agree with me that even when you try and explain how Bitcoin works to some persons they really don't seem to get it, and there are still Billions of people all over the world who have never transacted with Bitcoin. This method will get more persons involved easily as Bitcoin funds can now be easily spent with a 16digit code which is visible. So, when a gift is received, it can be used by anyone who knows or knows nothing about Bitcoin.
2) Transfer Service: Yes you can traditionally just sell your Bitcoin to pay someone, but you would agree with me that over 85% Business Merchants don't accept third party random payment you would be asked to verify the source. The fees get higher when you have to send to your Bank before transferring. This method will make it possible for your Business Merchant to receive payment directly from his preferred source. Either with online Redeemable Merchants or at Physical redeemable stores.
3) Emergencies: Those periods when you are out of cash and not with an enabled internet smart phone, if you have created a Giftcard and you have your redeemable code stored somewhere with you, you can just place a call to a Merchant online to redeem and you get cash almost immediately.
4) Travel with Confidence: You really don't know the challenges you would face at that new area you traveling to, so having some Giftcards for emergencies is just perfect.
EARLY MERCHANTS:We are currently looking for people anywhere in the world who will like to be Merchants. As Paycoinly's early Merchant, we shall be offering lots of incentives which shall be announced at the announcement thread in few weeks time.
Benefit Of Being A Merchant:---> Sell more Bitcoins for cash at your own rate
---> Most secured way to receive Bitcoins
---> You will get free promotions on our site when Paycoinly is launched as verified Merchants
---> World wide recognized brand.
There shall be a little verification process for all Merchants, application is forever free!If you would like to be a Merchant, please respond with the following with the word
APPLIED and send the following to
[email protected]Your name/Business name:
Location: (Country, City)
Website: (if any)
Application type: ( Offline, Online, or Both)
Email:
send to [email protected]Thanks, Questions are welcomed.
