Paygine: The Open Financial Platform That Will Transform the Banking Industry

The banking industry has evolved tremendously since it all started some 200 years ago. Banks are now almost everywhere in the globe, offering an extensive array of products and services that you can think of. Despite this, and even factoring in the emergence of modern technology, there are still a great many out there who remain either unserved or underserved. These are mostly the unbanked and those who have poor or zero credit history. Regardless, this only proves the necessity of a realistic financial platform that will bring these financial products over to a wider group of people.

This is what Paygine is set out to do. Utilizing the benefits of blockchain technology, Paygine will create an open financial platform that will bring numerous changes to the banking industry, one of which is allowing the use of cryptocurrencies. Simply put traditional banking will be “cryptonized” and brought over to a single platform.

This means, one does not need a bank account to enjoy traditional bank services. It also means, people can choose to pay or receive payment in the form of cryptocurrencies.

This may sound a bit ambitious, to think that banks, generally, are not yet open to the idea of cryptocurrencies. But Paygine is a platform that did not come out of nowhere. Its creators, in fact, are the same founders of Pay Engine Limited, an international payment processing company that owns the Best2Pay brand. And Best2Pay is noted for many technological innovations, its biggest breakthrough being Best2Transfer, a platform that enables the online repayment of loans. The Best2Transfer platform is currently being used in many banks and collecting agencies.

Apparently, still a lot more has to be done, however, as the process of making money transfers is costly and limited. Venturing into blockchain is the guaranteed solution, hence the birth of Paygine. The blockchain technnology behind Paygine will ensure transparent and seamless transactions using cryptocurrency across borders, no matter where you are.

But it will no longer be a long journey for Paygine anymore as it will be making use of the already existing Best2Pay platform. What Paygine will do is to make it available worldwide, and upgrade it with new services so business owners may be able to integrate cryptocurrency into their payment system. Paygine is essentially a business tool and as such, works directly with FinTech companies, insurance companies, internet shops, insurance companies, trading and exchange platforms, and Peer-to-Peer aggregator platforms, and all others that offer services to individuals.

Paygine will offer the payment tool to its clients according to the White Label concept. This means, when a company buys the tool, it can use its own brand on it. This concept will jumpstart businesses, helping them grow quickly. For Paygine, this will lead to an increase in visibility and profitability.

There will be three phases in the development of the Paygine Platform, but all stages may occur at the same time if sufficient funds are raised. Needless to say, the first stage will see Paygine breaking into the European market. Clients will be able to register on the platform and then they can make e-invoincing, money transfers, loan repayments and payments for services, or in the case of service providers, receive payments. Paygine is also planning to acquire banks and create the Paygine Crypto Exchange.

Paygine is therefore raising funds for such and future developments. Its token sale, which is duly approved by the SEC, is currently ongoing at a fixed internal exchange rate of $700 for ETH and $10,000 for BTC. The issuance of PCG tokens is limited to 151,750,000, 28.1% of which will be sold through ICO, while 56.59% will be reserved for later use. With the project launch, token holders may use their PCG tokens to pay for goods and services within the Paygine platform at a discount. Remember, Paygine is a real business, with sound and realistic goals.

Token Details:

Token: PGC

Price: 1 PGC = 1 USD

Platform: Ethereum

Accepting: BTC, ETH, Fiat

Soft cap: 3,000,000 USD

Hard cap: 30,000,000 USD

Country: USA

For more information, visit the following pages:

Whitepaper: https://paygine.com/assets/helpers/files/en.pdf

Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=2916009.0

Website: https://paygine.com/