PAYPORTAL - Bill Payments and Money Transfer

walletThe Payportal platform connects Indian service providers such as banks, mobile operators, digital TV operators and utility companies with public through a WALLET. A wallet number is linked to a mobile number of the owner.

Retailers use Payportal wallet to satisfy walk-in customers’ requests to make bill payments, recharges and domestic money transfers pan India in easy and secure way. On-line customers enjoy all wallet features remotely.

The platform is utilizing the advantages of personal computers and smart phones. Customers and Retailers can access wallet services at the secure web page through the standard web browsers https://mob.payportal.in or benefit IOS and Android applications available at App Store and Google Play.

According to the World Bank data, India, with a population of more than 1.2 billion, is the world’s largest democracy. Over the past decade, the country’s integration into the global economy has been accompanied by economic growth. Annual GDP growth is expected at 7.0% in FY18 and inflation remained stable.

India remains the world’s leading recipient of international personal remittances, claiming 10.9% of global inflows, followed by China (10.6%) and Philippines (5.4%). Total remittance inflow to India was $62 billion in 2016.

Payportal Services Private Limited (hereinafter referred to as “Payportal”) is a privatelyowned company that has been established in 2011 under the laws of India by international experts who have been in the payment services industry since 1996. The Payportal establishes relations between service providers and their customers by processing on-line recharges, bill payments and domestic money transfers in the most secure and convenient way through a Payportal wallet.

The business area of our Company is Delhi where we successfully manage 80 distributors and 2300 retailers. The Payportal team has grown to over 20 people with the most in sales. During 2017 Payportal has processed around 500 million rupees in payments that was 45% higher comparing to 2016.

In India, people from the streets trust more a person in a small street shop who is able to make a mobile recharge or pay a bill in front of a customer. The habit comes from the deep of history when people relations in India were based on trust.

Retailer shops in most of the cases are small private entrepreneurships, run by its owners. Recharges and mobile bill payments usually have been offered by mobile operators in a way of provision a special prepaid SIM card that can be used by a retailer to initiate the sms message to some special number with the amount of a recharge and a customer mobile number. The sim card requires a positive balance to cover outgoing recharges and blocks if there are no funds left.

The use of blockchain technologies is one of the most important tasks for the further successful development of the platform. Server decentralization will keep wallets data safe in case of hardware failure or hackers attack.

Implementing a cross border money transfers service between Indian migrants living abroad and their families in home country. As the Payportal has advanced experience in domestic money transfers, we plan to realize this part of the project based on the own blockchain and crypto currency PPTL Coin. PPTL coins will be acceptable as a means of payment and will be convertible into Indian rupees for the final leg of transaction.

All fees will be applicable in PPTL coins:

• Monthly subscription to Payportal services (Bharat Bill Payment system, Aadhaar Enabled Payment System) for retailers and distributors.
• New retailer creation.
• Retailer shifts to another distributor.
• Emergency cash collection service that can be ordered by a retailer.
• Distributor lending facilities.

Distributors will play the major role in PPTL coin transfers. Distributors buy tokens in the OTC market or crypto exchanges and make a smart contract transfer to the Company wallet. The transaction contains the value and Payportal wallet number of a receiver.

Automatically PPTL value will be credited to a wallet owner who continues to use Payportal financial services. Upon expiration of the PPTL coins on a Payportal wallet, the services will be postponed.

A key objective for Payportal is to rise sufficient capital to execute our plans. The strong cash position will give us a clear runaway to acquire new customers, expand within the current area of Delhi and NCR and other geographic markets (Maharashtra, Rajasthan, etc.), pursue new licensing deals, develop new technologies, expand our development resources and continue adding significant innovations to our wallet technology.

Our PPTL Token (PPTL) is an ERC20 UTILITY token, and aims to provide the development of the Payportal platform. It does not represent equity.

• Total Token emission is 20 000 000
• Tokens available for sale 14 500 000
• We accept ETH 1 Token = 0,002 ETH
• SOFTCAP 3000 ETH
• HARDCAP 24 000 ETH

PAYPORTAL is a good ICO program.

Think business is pretty fantastic. It attracts people regularly.

Experienced and skilled cooperation is difficult to achieve.

We can build the ability to achieve goals.

Finally, what I can say is the tremendous potential of this company. All-round ICO is very striking. This is a great open road to enter the ICO world.

For More Information Please Visit Link :

Website : https://ico.payportal.in/

Whitepaper : https://ico.payportal.in/docs/White_paper_Payportal.pdf

BitcoinTalk : https://bitcointalk.org/index.php?topic=3285962.0

Twitter : https://twitter.com/PayPortal_India

Telegram : https://t.me/PPTLchat

Facebook : https://www.facebook.com/PayPortalOfficial/

Author : King Solomon

Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1805110