Review Payaccept: Worldwide payments accepted in seconds.

fantastic baby
7 min readAug 18, 2020

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It can be seen that the advent of Blockchain marked the change and transformation of the world. This is considered as one of the technologies of the future society, especially when the Internet and technology 4.0 increasingly develop. Blockchain is considered one of the large data sets, digitized and widely distributed. However, the principle of Blockchain operation is to create a cohesive, non-isolated community. The ability to explore Blockchain technology in modern society, especially society 4.0 like today, has shown the power and prospects of Blockchain. Blockchain offers great savings as well as extremely high security.

However, securing and managing these crypto assets can be quite difficult, with mistakes often becoming terminal. Unfortunately, the tools currently on the market that are designed for technically savvy individuals or developers, companies and businesses are still quite difficult to manage their cryptocurrencies properly. Effective and safe. And that’s the reason I’m going to bring you a project that will alleviate this pain by adding an interface layer to make blockchain technology more accessible, helping companies manage files. Cryptocurrency effectively and becomes the only product that companies need to run crypto operations. And that is Payaccept !!!

About

As far as the project information goes, Payaccept is a simple cryptocurrency management application for people around the world to solve the above problems. PayAccept will provide an easy-to-understand, intuitive interface through which users will be able to transfer and receive a myriad of cryptocurrencies and decentralize responsibility within teams if needed while still having full money management and protected from network attacks. PayAccept is being built with the in mind of crypto mass adoption.

Here when PayAccept users will be able to take advantage of the myriad financial services supported by Blockchain technology. And users will be able to exchange assets at the touch of a button, create individual and unique assets, and run a wallet service provider through the comfort of a fine-grained interface while interacting with exchanges. Decentralized Formula and Digital Assets with Ease.

With the goal of acting as a bridge between the traditional financial world and disruptive new blockchain technology. Mass adoption of Payaccept to Payaccept will become a cryptocurrency institution to intensify its pursuit of mass adoption. Connecting all the institutions in the world to Blockchain-powered digital banking by deploying Payaccept mobile app with beautiful interface and easy to use and point of sale (PoS) devices. physics by which businesses around the world can connect and process credit card and cryptocurrency payments.

Useful features

I think that for a product like Payaccept, giving useful features to the user will be very effective for this project and that is also the reason that the project is building. The goal is to bring what is most beneficial to the user. And specifically, they bring us the following useful features:

  • Trade fiat and cryptocurrencies through a single interface: The PayAccept network enables customers to freely exchange assets without worrying about the denomination. The payer and the recipient of any transaction can opt for the asset of their choice, so customers can pay in Bitcoin to an individual requesting Euros.
  • Connect bank accounts: PayAccept users can link up to 3 bank accounts to their PayAccept Wallet.
  • Analytical tools: Users can receive insights on their spendings and asset uses through smart analysis tools.
  • Fund ownership: Users retain access to their wallet Private Keys and all funds are stored using cold storage methodology.
  • Alerts: Notifications for all inbound and outbound transactions.
  • Mobile PoS: Users can use the PayAccept application to become their own Point-of-Sale or Pay-of-Sale and unlock a new revenue stream on the go.
  • Vast payment options: Users can handle their payments in over a thousand different cryptocurrencies and convert them into one. Any bill can be paid with any currency, crypto, or fiat through the PayAccept application. Need to convert gift cards or refillable cards directly into fiat or cryptocurrencies? We’ve got you covered.
  • Joint business accounts: PayAccept users can enable virtual joint multi-asset accounts for business purposes and enjoy the security, transparency, and immutability that Blockchain technology offers.
  • Global availability: PayAccept users can accept cryptocurrency payments from all over the world
  • Easy set up for businesses: PayAccept provides payments buttons, a hosted checkout, and embeddable invoices for your website. PayAccept also works with countless plugins and integrations.
  • Light and dark mode: Automatically adjusting light and dark mode interface.
  • Price volatility shield: PayAccept shields you from the price volatility of Bitcoin and other cryptocurrencies. You get every dollar or euro of what you charge, minus 1%.
  • Safe loans (DeFi functionality): One of our key points for fast growth is accepting non-cash capital immobilization payments. As a payment processor, PayAccept will have an advantage over banks because we collect live information about expecting incoming payments. Our AI-platform will facilitate if a business can have a loan and is able to payback. This provides PayAccept a healthy income whereby a maximum profit can be generated throughout the PayAccept platform.
  • Establish a network of agents: In developing countries where infrastructures are not fully established (such as Africa and South America), we will offer retailers the ability to become agents for PayAccept to handle deposits and withdrawals. Each agent can open an account to facilitate this process.
  • Payment cards: PayAccept will issue payment cards that can be used to pay in shops or withdraw funds from most ATMs around the world when cash is needed.

So you can see a series of utilities that Payaccept offers users, it is not easy to do this and especially they are building everything on Blockchain, which is a future trend. I think everyone will agree with me that Payaccept is showing its appeal.

Token

Learning about this project I see the token is being built on the foundation of Ethereum, which I think will create convenience for this project. With the Ethreum platform making it easy to use, having a large community of users will greatly support Payaccept. And I also believe that they will also save development time and cost when building tokens on the Ethereum platform.

Detail Payaccept Token:

Token Name: PayAccept

Token Symbol: PAY

Token Price: 1 ETH = 1000 PAY

Platform: Ethereum

And a few pieces of information that I think will be great for the Payaccept token, is that the project has announced that it will commit to having their token listed on multiple exchanges.

I think this will ensure the price of the token as many exchanges have partnered with Payaccept to put the project on exchanges. They are also running an IEO on Exmarkets now: https://t.co/QT1P6EphTP?amp=1

Roadmap

Here I want to say that given their roadmap, the information may not be accurate, because it is possible to achieve the goals they set, and maybe it is not right when the goals. can be done earlier or later than this route. And here is the roadmap that Payaccept is setting:

July 2020 ICO/IEO tokensale

August 2020 Preparing EMI license with legal advisors

August 2020 Purchase of an existing bank

September 2020 Official launch of wallet on the PayAccept website

September 2020 Pre-registration for PayAccept Cards (Visa/Mastercard)

September 2020 Connecting with third party exchanges for trading of assets

September 2020 Start of integration with other financial institutes and banks

October 2020 Launch of mobile wallet on iOS and Android

October 2020 Launch own digital asset network with PayNodes

October 2020 Deploying first payment terminals and cards to end users

October 2020 PayAccept Integration with large merchants

October 2020 Expanding with minimum 20 financial and digital assets

November 2020 Series A seed investment round

December 2020 DeFi Borrowing and Lending Launch

December 2020 Further worldwide expansion and services like Insurances

Team

Christiaan van Steenbergen ( CEO): Participates in several projects

Gleb Jout ( CMO): Participates in several projects

James Lauren ( CSO ): Participates in a number of projects

Currently, I only know about these members of Payaccept, but they are all capable people, they have experience in this market and this is also one of the reasons I believe in Payaccept.

Conlusion

In my view of this project, everything the project is doing can be seen to be very good, Payaccept is showing the project’s appeal to the cryptocurrency market. I think we will see their products in the near future and I believe it will be well received. For more information about the Payaccept project please visit the main information channels from the project:

Website: https://www.payaccept.net

Twitter: https://www.twitter.com/payaccept

Facebook: https://www.facebook.com/payaccept.net/

Telegram: https://t.me/payaccept

ANN: https://bitcointalk.org/index.php?topic=5258011

Bounty Campaign: https://bitcointalk.org/index.php?topic=5255787

Author

Bitcointalk user: fantasticbaby2605 ( https://bitcointalk.org/index.php?action=profile;u=2634533 )

Etherum address: 0xcbe1d478a4051067e6a4ec3646dccf3f3faa5da6

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fantastic baby

I realize that when I focus on something and try to make it good, everything I hope is rewarded.