Selasa, 26 Juni 2018


The crypto-currency market is a multi-billion dollar business. You can not ignore the existence of crypto-currency technology and block-scheme, but also a lot of problems.
The biggest problem preventing most companies from providing payment services based on crypto currency is the establishment and maintenance of contractual relations with banks and money transfer operators. Companies providing such services say that their main obstacle is the high cost of ensuring compliance with regulatory requirements. Given the complexity of regulatory requirements for the crypto currency and its rate of change, the task of preserving and demonstrating compliance with these requirements is very complex and very expensive
The solution to this problem is the creation of a new open financial platform based on our own bank located in lucrative jurisdictions for transactions in the crypto currency and organizations that have licenses for US remittances. The White Label service provided by the platform will allow enterprises to develop their own products under their own brand without additional legal fees.
Introducing Paygine
By creating the Paygine platform, we do not do everything from scratch, but we bring the accumulated experience and all the services and technologies used by Best2Pay as the basis for construction. The main competitive advantage of Paygine in comparison with similar projects is that it can improve the services and technologies of Best2Pay, which are currently used by enterprises, e-commerce and other FinTech. A complete list can be found in the introduction. We will scale them around the world, equipping them with new services designed specifically to help companies that already use (or plan to use) crypto-currency and lock in their operations.

The Paygine platform will allow using crypto currency in transfers and payments, which are usually made using traditional payment instruments:
Transfer of a crypto currency to a physical card;
Pay in the store using the card in the crypto currency;
Receipt of crypto currency as payment for goods and services in the online store;
Transfers a cross-border currency using crypto-currency at a minimum cost;
Maintain wallets in both currency and in the currency of crypt, with the ability to easily and quickly change the funds between them.
Service from Paygine
For all the services described below, end-users will be able to set tariffs, terms of service, commissions, etc. D. The configuration will be carried out through the API on a permanent basis or in certain transactions, allowing Paygine customers to quickly change the terms of service for their own customers by providing thereby providing flexible on-site competitive service. and are able to implement complex financial schemes.
KYC procedure
Since our business focuses on transferring funds between clients in different jurisdictions, we will pay close attention to the process of providing online identification data and validation data to customers:
Ensuring compliance while ensuring timely and effective placement of customers;
Understand the true nature and purpose of the prepared account;
Lower cost of ownership with flexible solutions that can be adapted to respond to changing regulatory conditions;
Implement a risk-based approach that meets the requirements of KYC, which allows us to concentrate resources and apply appropriate limits to high-risk customers.

Maintenance of individual private accounts
Individuals open internal accounts in one currency (US dollars, euros, etc.) and will receive the status of identification, depending on the data presented at the KYC stage, applicable law and individual residence. All calculations and account activities will be performed in full by AML / compliance procedures received on the platform. The ability to open accounts, manage them, provide additional information and much more, will be available through an integrated API.
Electronic wallet (electronic wallet)
Electronic wallets are the ideal means of payment for those who spend or make money on the Internet, making online purchases or selling goods and services on the Internet. With the help of electronic wallet it is possible to create various calculations using virtual money, which can then be converted into individual crypto currency or for currency binding and drawn into bank or card accounts.
Exchange between Crypto currency and Fiat currency
Exchange plays an important role in the economy of the crypto currency, offering markets for trade, liquidity and opening prices. Therefore, it is very important for us to be able to provide exchange services to our clients, and also to allow them to exchange between different crypto-currencies and currencies and to fix the currency.
Fiat Currency Exchange
We also plan to offer exchange services at preferential prices. Currency exchange will always be in demand, and we expect the opening of the market taking into account the high conversion rates and bank commissions that usually occur.
Processing payments for recipients Cryptocurrency Receivers
The Paygine platform (under the Best2Pay brand) is already actively used by many traders to accept payments using bank cards and carry out more than 2 million transactions per month with a turnover of more than 115 million US dollars per month. At the same time, we provide our trading clients with both functions that are common to the Internet, and functions that our competitors rarely offer.

Maintenance of one account for merchants (in the crypto currency and Fiat currency, with the possibility of automatic conversion)
This service is a logical continuation of the payment of merchants in the crypto currency. Despite the growing popularity of the crypto currency, most traders trade in currency currencies. We believe that to increase the attractiveness of processing crypto currency, traders should be able to freely convert the currency fiat and crypto-isolation among themselves.
Gives you the last mile to transfer money to the destination country and the first mile for transfer from this country
All current money transfer systems based on the crypto currency are faced with the problem of finding partners that will ensure stable and affordable money transfer services. When creating our services, we specifically consider the features of the money transfer system, which will affect the crypto-currency.
Money Transfer Service - a service that provides international money transfers on the basis of crypto currency as payment rails
Cryptocurrency is actively used as a mechanism for transferring funds abroad and in some countries. This is the fastest and often cheapest method of transmission. Because of this, we believe that such services will be in great demand.
Deposits and Withdrawals
To select and evaluate the convenience of working with a particular platform, it is important to support various ways of making deposits into separate PayPal accounts, wallets and personal cards, and also to develop an extensive way to raise funds from them.
Provides access to many exchanges through a single interface
The number of crypto-exchange in the world continues to increase, but the conditions, protocols and requirements of all exchanges are different. It is often necessary to work with several exchanges at the same time.
Publish a card associated with an account in Fiat or Cryptocurrency
It is still rather difficult to pay for accounts with crypto-currencies in the Internet and in brick and mortar stores. This problem is solved by removing virtual / physical cards in combination with the conversion mechanism from crypto currency to currency fiat. Having the experience of implementing similar projects in banks, we plan to join one of the international payment systems and certification for issuing cards, whether physical or virtual.

Peer-to-peer service
Electronic wallets are the basis of peer-to-peer service, which we previously identified. This service combines the ability to create wallets through the API and allows you to issue virtual cards and input and output channels with various predefined payment schemes between individuals. Peer-to-peer services are in great demand in many businesses (for example, aggregator platforms) that unite people to sell products or provide services to each other directly.
Current PGC
The PGC current will be the main functional tool on the Paygine platform and can be purchased through ICO sales or on the exchange after the ICO. A limited number of tokens will be created (151,750,000). No additional tokens will be issued.

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