“We are committed to becoming a crypto bank for 7 billion people.”

Digital banks are coming on the market – banks that allow you to open accounts, take out loans or send money in just a few minutes. What is the process? We’ve interviewed the CEO of PointPay to figure out how your first crypto bank will try to challenge the traditional financial system.

Q: Can you tell us about PointPay? Which projects are it involved in and which services do they offer? Your main customers?

A:PointPay provides a wide range of services in the crypto market.  PointPay launched in 2018. It has already attracted more than one million people worldwide. PointPay aims to provide financial services to people worldwide from all walks of society.

We offer a core product, which is based on blockchain technology: a crypto wallet, an exchange platform and a payment system. Our services include a variety of options that allow you to sell and buy digital assets as well as take out loans in cryptocurrency. You can also store and secure your possessions and earn passive income.

Our goal is to offer a complete range of services from one location. We’ve developed many innovative products, such as Launchboard, Escrow, and HR Talent:

  • PointPay Launchboard allows investors to get in on the ground floor of promising cryptocurrency projects. By providing priority access for high quality, emerging projects to our customers, we aim to assist the crypto economy.
  • PointPay’s Escrow Platform is a service that helps protect buyers and sellers in transactions. We act as a middleman to help ensure successful transactions by keeping the buyer’s money secure in an escrow account.
  • PointPay Talent Platform – is a platform that matches employers with remote professionals. We have developed the Talent Platform to help you find and attract top talent all over the globe.

Q: You offer cryptocurrency banking services. Are there any functions that are available already? Please tell us about it.

A:PointPay is a cryptocurrency-based bank. Users can earn interest on 32 most valuable digital assets simply by funding a savings account. You can earn an APY of up to 5% on your assets with our transparent and straightforward interest rate.

PointPay customers have the option to lend USDT and borrow popular cryptocurrencies. Since digital assets can be used as collateral in transactions, Cryptoloans are not subject to credit checks. We offer the lowest interest rates on cryptocurrency loans – users can borrow assets from us at 0.012% per day. Crypto debit cards will soon be available that allow users to shop online or in-store with the same ease and convenience as traditional debit cards.

Q: Which crypto-processing options are available? Your approach to accounts is simple. How can a large company organize cryptocurrency acceptance using your solutions?

A:We introduced the Unified Balance System a few months back. Now users have two accounts in the PointPay System – Regular and Savings. The Regular Account can be used for any transaction, including trading on the Exchange, purchasing or selling crypto and so forth. As an interest bearing account, a Savings account can be used. You can only transfer your money 3 times per month, so it is ideal for keeping your cash. Otherwise you won’t earn any interest.

PointPay Payment System offers customers the ability to purchase and sell digital assets via a bank card that accepts fiat currencies like USD, EUR and GBP. It is easy to buy and sell assets with Visa, MasterCard, Bank Transfer, among others. Our network of payment service providers supports over 50 fiat currencies.

So that customers can continue to pay them, we plan on introducing recurring payments for clients as well as businesses.

Q: How do you offer regular users the opportunity to earn (staking and trading)?

A:You can also earn passive income with our Staking Program. It is a simple way to make passive income. All you have to do is lock your tokens and keep them safe in your private wallet. Users can lock their tokens for 3, 6, or 12 months to receive rewards on a progressive scale – the more tokens they invest, the higher their return will be at the end of the period.

Our customers have new opportunities to get rewards. Launchboard, for PXP token holders, allows them to vote on the projects they want listed on our platform. Tokenholders will get project tokens as a reward.

Users can use our cryptocurrency exchange for their investment growth. There are three options for interfaces available: Quick Exchange, Advanced, and Classic. Quick Exchange is for novice customers. The Advanced and Classic versions are designed for more experienced users. We also offer some of the market’s lowest trading and withdrawal fees.

Q:Tell us about your token. What is its use in the ecosystem?

A: Our clients can use the PointPay Ecosystem’s benefits with PXP, a utility token.

You can have the following:

  • You can get reduced maker/taker fees depending on how many tokens are you own.
  • You can earn passive income by saving and investing in stakes.
  • PointPay Ecosystem: Instant, no-commission transfers
  • Get access to innovative and promising projects via the Launchboard platform, plus many other benefits!

Token holders receive a variety of perks, bonuses and remunerations.

Q: Tell us about the company’s plans for the next 3-5 years.

A:We aim to be a crypto bank with 7 billion users. By creating a complex ecosystem, we plan to attract investors and traders as well as everyday users. In order to provide the most current and sought-after products possible, we keep up with the latest trends in cryptocurrency. We plan to soon launch several innovative solutions, including Margin Trading and Recurring Payments. ACH Transfers are also planned.

We aim to create the most comprehensive ecosystem of crypto products, providing all services our customers need in one location within three to five years. We aim to be the most trusted provider of cryptocurrency services in the world.

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