Topic: [PRE-ANN] Paycoinly - Giftcards | Debitcards | Peer 2 Peer Trading Platform (Read 199 times)

Paper approved by research team.

White Paper are in the final phase of audit. 

Team information will be released as soon as the White Paper is released.

Thank you for the interest.

We already have agreements, final agreements will be signed after ICO.

We have a legal department to handle all registrations and advice which method will be adopted.

As seen here: https://worldcore.eu/blog/paycoinly-interview-confident-bitcoin-will-gain-ground/

A very necessary platform for the crypto world, but I watched the site and did not see any information about the team. What kind of experience do team members have? How many people do the project? Where is the team located?

I will wait for the update white paper to be ready. I will wait for the next update.

Does your project have final agreement already with Visa and Mastercard?
This is the impression that I can get from your presentation.
And since you will be running an exchange, do you plan to legally register it?
As most unregistered exchanges exited as scam.

Paycoinly will solve price volatility rate for Cryptocurrencies.

Watch the video for a proper understanding about Paycoinly

 one tweet and I'll go further, if you want, you can thank me, the address is on the twitter page _{https://twitter.com/Bill_Djons/status/958132469810843648}

As soon as the White Paper is ready, it will be visible on the site and we shall update thread!

Reserved.

Introduction: PayCoinly is dedicated towards providing solutions on faster ways you can buy, sell and spend Cryptocurrencies/Tokens. There are over 1400+ new cryptocurrencies and tokens and more being developed daily, so we have decided to structure how all coins can be useful from one dashboard.



Paycoinly is focusing on these 3 key values. BUY, SELL & SPEND. This is majorly what we do with Cryptocurrencies / Tokens and Paycoinly is dedicated towards how this can be done easily while still maintaining the set goals. Paycoinly has outlined some features already in Development and they are as follows.

• Peer to Peer Trading
• Virtual & Physical Debit Cards (Mastercard & Visa)
• Paycoinly Gift Cards
• Merchant Platform

1) PEER TO PEER TRADING: (developed)

The Peer to Peer trading will make every other feature possible on the Paycoinly Network. People will be exchanging their coins for the exchange of another coin. The trading activities will make it possible to quickly convert, fund and exchange on the network. Over 1,000 coins will be listed for exchange and if you have any value you can trade it at the exchange to load the Default balance which is BTC or PCY (Paycoinly Token)


2) Virtual & Physical Cards (MasterCard & Visa) (In development):  
Just like how your Bank Debit cards works, this cards can be used to pay anywhere Visa or Mastercards are accepted. Card issuing will be more easier as this can be done online from A to Z, also funded online from your Default wallets. This is going to be the best solution as you can convert from your Altcoins to default wallet and then fund your card for usage.

How it will work: Either you want the Visa or the Mastercard, you can create this from your Paycoinly dashboard and also fund card anytime you wish. The Physical cards also work same, they will be used on ATMs Worldwide. More information about these cards will be announced in the coming weeks.




3) GIFT CARD (In development):

We are introducing the Paycoinly Giftcard system, this giftcard will replace the way we pay online and also making it possible for most Cryptocurrencies to be used online to pay for Goods and Services. Cards will be designed to work for both physical stores and online stores.

How it will work: Paycoinly will provide a connection Gateway where all Giftcards will transact from. This Gateway will be able to check balance, issue new Giftcards, deduct from balance, fund and many more.  Just like how other Giftcards works, this will work with more advanced features; In the real sense you can actually use this card to pay for Services and do other activities online. This has a dynamic solution as funding of the Giftcard will work via the Peer to Peer  Trading or from local Merchants.

Online Stores: We will partner with big Online Vendors so that the Paycoinly Giftcards can be accepted on their stores. So anyone can use any Cryptocurrency / Token listed on Paycoinly to easily buy where the Paycoinly Giftcards are accepted.

Physical Stores: Also the GiftCards will work on physical stores, they will also connect to the Gateway to charge a card.


4)  MERCHANTs: (In development)

This will make it possible for licensed users to do the following

1)   Issue Giftcards
2)   Fund Gift Cards
3)   Right to issue (Mastercard and Visa cards)
4)   Ability to fund and settle in local currencies
5)   And many more
Paycoinly will expand all over the world with its licensed Merchants, as they will make more profits reselling our solutions

How it will work: With a start of 20 Merchants in 20 different Countries, this means the Paycoinly idea is more than the Cryptocurrency idea, as this will also give room to non-Cryptocurrency Market to key into this solution. Merchants will be able to issue any of the solutions in local currencies while Merchants issue from Paycoinly with default wallet (BTC or PCY).  

There will be several designs towards information for all Merchant offers from the Country’s official site, like paycoinly.com/us paycoinly.com/uk paycoinly.com/ca paycoinly.com/fr and many more.

The Merchants will be able to settle in local currencies to vendors who accept the Paycoinly Giftcards, so they will have the option to select or receive funds to their Default wallet at Paycoinly




Paycoinly Token (PCY)
Practically, we aren’t creating Wallets for every coin, we are only doing a relay from BTC/PCY to Altcoins and Vice versa. There are 2 default wallets you can trade to and from, the Bitcoin Wallet and the Paycoinly Token Wallet

It’s expected that you will be selling off your coin/token for BTC/PCY or the other way round this wallet is constant while other coins/token varies.

Users have the option to list their coin/token and add a selling price tag, when there is a demand for coin/token then it simply sells of. Trade will be done like existing Peer to Peer platform like LocalBitcoin, Paxful and co. All traded on a secure process making this option very reliable for buying and selling.









In coming weeks, we shall be updating this thread on development news and announcement update.

Facebook: https://facebook.com/paycoinly
Twitter: https://twitter.com/paycoinly
Telegram: https://t.me/paycoinly
Website: https://paycoinly.com
Youtube: https://www.youtube.com/watch?v=6MJD7d5f7lM&feature=youtu.be