Payportal To Be A Pioneering Indian Crypto Currency Based Payment Platform

in #payportal8 years ago


Payportal services aim to provide a secure platform for payment, whether it is online recharges, bill payments or transferring domestic money. All such transactions can be done by the Payportal wallet that would be based on the blockchain technology. The company proposes a blockchain based platform for the payment services that it already provides as an Indian company established in 2011.


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Features of the platform

Payportal as a blockchain based payment portal would offer the following services:

  • It would connect different service providers such as mobile operators, banks, utility companies and digital TV operators to this platform through a wallet feature.
  • The wallet feature can be availed by linking to mobile numbers of users.
  • Retailers who link with Payportal wallet would be able to satisfy requests of customers for making bill payments, domestic money transfers across the country as well as in making recharge in a secure and easy way.
  • Customers who sign up on this portal would be able to use the wallet features a remote manner.
  • The platform would work through server decentralization that would help keep the data safe from the user wallets.
  • It would also have international money transfer services for Indian migrants.
  • This portal would offer a cryptocurrency of its own, the PPTL coin. It would facilitate transactions on the site as well as could be converted into the Indian currency when one wishes to draw out money from the platform.

The system would charge in PPTL coins for the different services that it would provide such as monthly subscription fees for using the payment system on the system for paying to different distributors and retailers. Distributors can avail of lending facilities as well as retailers availing the network to provide payment options for their services and goods through this platform. Distributors who join this platform would buy tokens to facilitate transactions through crypto exchanges or OTC marker. They would need to add these tokens to their company wallet account on the platform. The Payportal wallet number and transaction value would help facilitate transactions on the system. Users need to have PPTL coins in their Payportal wallet to facilitate transactions on the system.

Management of Payportal

This is a blockchain payment gateway being worked upon by an established company which gives them a clear advantage. The company called Payportal Services Private Limited is a privately owned enterprise based out of Delhi, India. With an existing base of service providers as well as customers, the creation of a blockchain based payment system would work with the secure and transparent transaction benefits they offer.

Lucrative aspects of the project

Since this is an already established payment services company, providing a blockchain based platform would be an innovative alternative in the emerging world of cryptocurrencies and smart contract systems. It would help people to find a secure way to make payment for utility services, make money transfers and be able to invest in the token of the system which would provide valuations for services on this platform as well as offer exchange value.

Token distribution

Token supply - 20,000,000

Currency accepted: ETH

1 Token = 0.002 ETH

SOFTCAP: 3,000 ETH

HARDCAP: 24,000 ETH

Bounty: 5%

Team, Advisors: 15%

Sale: 70%

Company Reserve: 10%

Private sale stage. 30% Bonus +Extra bonus

16 April - 06, May 2018

2,800,000 PPTL

Public Pre-sale. 30% Bonus

DATES WILL BE ANNOUNCED AFTER PRIVATE SALE

3,900,000 PPTL

ICO Stage 1. 20% Bonus

DATES WILL BE ANNOUNCED AFTER PRIVATE SALE

3,600,000 PPTL

ICO stage 2. 10% Bonus

DATES WILL BE ANNOUNCED AFTER PRIVATE SALE

2,200,000 PPTL

ICO stage 3. NO Bonus

DATES WILL BE ANNOUNCED AFTER PRIVATE SALE

2,000,000 PPTL

Private Sale

Starts at April 16, 2018

Links

Website: https://ico.payportal.in/

Whitepaper: https://ico.payportal.in/docs/White_paper_Payportal.pdf

Telegram: https://t.me/PPTLchat



Posted from my blog with SteemPress : https://icoshrimp.com/payportal-to-be-a-pioneering-indian-crypto-currency-based-payment-platform/