Paysura (IPC)

What is Paysura

PAYSURA is providing the International PayReward Coin (IPC). The IPC is a coin that rewards end-customers for buying products or services. The focus of IPC is to be available worldwide for a uniform and secure reward system through the blockchain technology.

PAYSURA has two types of customers. On the one hand there are the merchants who offer loyalty/ reward/ benefits to their customers. On the other hand there are the (end)-customers of the merchants. PAYSURA views both as customers.

PAYSURAs reward system involves several components such as a reward pool in which IPC collectors (end-customers of participating merchants) can exchange their IPC against other values such as products or services. Included in the service is the whole facilitating of the IPC collection through merchant side on- or offline, i.e. deployment and maintenance of necessary interfaces/ APIs etc.).

The International PayReward Coin (IPC) is an ERC20 token, available worldwide, which will be used as reward. Purchasing insurance, using a video-on-demand service or simply buying a new TV will generate IPC for the customer. The collected IPC can be shared, sent or just held by the customer. There is no expiration date for the use of IPC in the reward pool. The integrated wallet on the PAYSURA application allows the easy exchange of IPC for a real product without complicated configurations. For security reasons a two-factor authentication will be implemented.

In PAYSURA’s long-run, contribution dependent target is to establish its own platform for offering products or services. This web based platform will use the self-regulated reward system and all products offered by any merchant will automatically offer IPC. PAYSURA will take a commission for offered and sold products and will pay the reward amount in terms of IPC. This platform will guarantee support of the PAYSURA reward system