May 16, 2018
Payportal Services Private Limited (hereinafter referred to as “Payportal”) is a privately-owned company that has been established in 2011 under the laws of India by international experts who have been in the payment services industry since 1996.
The business area of our Company is Delhi where we successfully manage 80 distributors and 2300 retailers. The Payportal team has grown to over 20 people with the most in sales.
A wallet number is linked to a mobile number of the owner.
The project's goal is to provide a solution to Customers to tackle the following challenges: regular visitings of different offices to pay monthly bills, cash collectors stealing, expensive and risky cross-border remittances, staying in a bank queues, wide geography logistics, non-professional service support and assistance, etc.
The platform is utilizing the advantages of personal computers and smart phones. Customers and Retailers can access wallet services through the standard web browsers or benefit IOS and Android applications available at App Store and Google Play.
The use of blockchain technologies is one of the most important tasks for the further successful development of the platform. Server decentralization will keep wallets data safe in case of hardware failure or hackers attack. Implementing a cross border money transfers service between Indian migrants living abroad and their families in home country. As the Payportal has advanced experience in domestic money transfers, we plan to realize this part of the project based on the own blockchain and crypto currency PPTL Coin. PPTL coins will be acceptable as a means of payment and will be convertible into Indian rupees for the final leg of transaction. All fees will be applicable in PPTL coins.
Attention. There is a risk that unverified members are not actually members of the team
$1 247 819
$155 365 219
$8 500 000
PAYPORTAL is a processing platform which creates relations between service providers and their customers by processing on-line charges, bill payments and domestic money transfers in the most secure and convenient manner
The platform enables the customers to easily access various quality services through the pay portal wallet hence eliminating the exploitative services from the retailers which are expensive. This makes the project viable promoting me to invest in it.
The aims of this ICO are relatively modest for an outfit which has already won a local network of customers. Raised funds will primarily be used to replicate the model in other Indian cities in an ambitious, but by no means unachievable, expansion plan.
The case for a blockchain-based solution in their business modelling is not compelling. However, blockchain tech could allow for international transactions and access to the enormous remittances market. There is considerable competition for this space, though perhaps going local and recruiting recipient users in a particular place, in this case Delhi (which, after all, has a population of 20 million people) is enough of a differentiator to capture a market niche.
Payportal’s marketing materials are light on technological details, so there are no assurances that this kind of solution could not be introduced by multiple competitors. However, Payportal already has a market presence and a working product which fulfils a consumer need. Its network of retailers and distributors will be vital in embedding the use of its new services and securing its market position.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.