Paycent (PYN)

What is Paycent

Paycent is a global mobile dual e-wallet that can be funded by digital currencies (e.g. Bitcoin, Ether, Litecoin) with high liquidity and fiat currencies within the same mobile application. This allows the digital currencies holders multiple avenues of spend and straddle the world of fiat and digital currencies. By having integrated fiat and digital currency mobile wallets, plus the option of having a debit card linked to Paycent, this opens 200 countries and 36 million points that Paycent is accepted. The full ecosystem of Paycent and Paycent mPOS allows payments for daily household spend such as utilities, cable and Telco airtime. All conversions from digital currencies to fiat will be done in realtime.

Our USP’s and Competitive Advantage in the Market

Paycent, a digital currency wallet and an extension of our Paycent fiat wallet, will bridge the gap and create a complete fiat and digital currency ecosystem. As Paycent is a live working product, we have an established network and a continuously expanding fiat ecosystem. We have secured regulatory licenses and are also currently in partnership talks with several governments, banks, and companies to create an even larger ecosystem for Paycent and Paycentos. We have already made successful strides in the application and we are fully committed in improving the wallet.

One of the current limiting factors of digital currencies is that, although the ecosystem is growing, there is a lack of avenues of spending it in everyday life. With the Paycent app, a user can pay for his utilities and make purchases with digital currency within the dual e-wallet. Because of our seamless integration, we have increased the channels that digital currency can be used.

With the seamless integration between the dual e-wallets within Paycent, all digital currency conversion to fiat will be done in realtime with a live exchange rate shown. This can eliminate fears and doubts of mainstream audiences to venture into digital currency, because once digital currency is converted, it will be reflected in their Paycent fiat e-wallet immediately.

With Paycent e-wallet app, the unbanked will have easy access to our merchant ecosystem and bill payments with a simple iOS or Android app. This inclusion allows the masses to participate in digital world with our network of clients and even a branded debit card that has over 200 million points including ATM withdrawals. With Paycent, we are helping to push the unbanked to the forefront of currency freedom with the ease of exchanging fiat money into digital currency with a singular app and vise versa to spend it on daily essentials. The wallet allows financial inclusion to huge population that otherwise would be left behind in the push to a cashless society.