Paygine : The Ultimate Financial Platform For Modern business

PAYGINE

Paygine is a financial platform designed to offer cryptocurrency-related services to both individuals and businesses, allowing for easier, faster, and less expensive currency transactions in a variety of usage scenarios.

Paygine is licensed to utilize Pay Engine Limited technologies and products, which already have undergone years of successful development and testing and have a proven track record of successful real-world use and support. By leveraging the existing technology solutions created by Pay Engine Limited, Paygine will avoid the growing pains and get right down to business.

BEST2PAY

Pay Engine Limited is an international payment processing company founded in April 2012 in the United Kingdom. In 2014, working together with Visa and MasterCard, Best2Pay developed and launched the Best2Transfer platform. Today, Best2Pay services are used by finance and technology businesses, e-commerce, and beyond, to service more than 1.5 million clients every month, with a portfolio of more than $18 billion in serviced loans, with the number of end-customers increasing by an average of 34% per month.

The Best2Transfer platform was recognized by The National Banking Journal as the product of the year for banks in 2015.

The Best2Pay service offers many advantages over competitors, including:

Speed & Simplicity: clients can start accepting online payments in just one day
Safety & Security: Best2Pay has a Level 1 certificate of compliance with international PCI DSS security requirements
Cost Efficiency: Best2Pay is the only participant in Visa International’s “Bill Payments” program, enabling us to reduce the cost of the transaction interchange fee by 42.8%

Best2Pay currently works with more than 50 clients, including banks and other financial services companies.

With the Best2Pay platform, technologies, and business experience, much of the groundwork has already been developed and tested. With a proven backbone already in place, it is time for the next step: bringing the existing technology together with new innovations in cryptocurrency.

Best2Pay – a market leader in online repayment of loans

2015–2017 revenue per month, repayment of loans, and peer-to-peer transfers (USD, millions)

Based on the needs of international banks and financial organizations, the founders of Best2Pay decided to create a new platform united by a single information technology system. The Paygine system is designed from the ground up to be seamless, convenient, and low-cost, and to overcome many barriers people run into when getting started using cryptocurrencies.

Paygine’s key competitive advantage over similar projects is that it leverages the existing Best2Pay services and technologies. The Paygine platform (under the Best2Pay brand) is already actively used by many merchants to accept payments using bank cards, and conducts more than two million transactions per month, with a turnover of more than $115 million per month. Paygine aims to bring Best2Pay’s services into the cryptocurrency future.

CRYPTOCURRENCY AND BLOCKHAIN

Why Cryptocurrency?

Cryptocurrency and the innovative blockchain technology behind it are more than passing fads or investments With cryptocurrency, no central bank is required. Instead, users can directly exchange currency, goods, or virtually anything of value with other users. Such an exchange is:

Digital. It does not require physically mailing documents , titles, or satchels of cash.
Instant. Much like sending an e-mail, the transaction can be transmitted world-wide in seconds.
Secure. The military-grade encryption used by the system renders it unhackable.
Worldwide. It is available to anyone, anywhere.
Non-discriminatory. No central authority can block access or transactions.

Cryptocurrency & Blockchain Technology

The Paygine blockchain—or rather,Paygine Distributed Ledger Technology (DLT)—provides transparent and secure interaction of the platform’s participants.

Paygine will use blockchain technology in the following ways:

Building Paygine DLT, a decentralized ledger, to register all transactions in the system. All Paygine participants receive unique Paygine-ID identifiers.
The information is available only to participants involved in the transaction and to the platform administrator (arbitrator).
Implementing basic application program interfaces (APIs) for accessing Paygine DLT services. Using the Paygine-ID, the client can interact with Paygine DLT using the API provided.

Initial Coin Offering

The ICO will have two major stages: pre-ICO and ICO. PGC tokens distributed during the preICO stage will be offered at the maximum discount.

Purchase currency: BTC, ETH, or various fiat currencies (to be determined)
Minimum amount needed to launch the project: $3,000,000
Maximum amount: $30,000,000

PGC Token Distribution

The total amount of PGC tokens will be limited to 151,750,000. This total will be broken down as follows:

During the ICO, 41,508,000 PGC tokens will be presented for sale, including 1,218,000 offered during the pre-sale. 10,290,000 of the ICO tokens will be reserved for bonuses.