Payportal

Payportal

Created using Figma
Created using Figma

Last Update

May 16, 2018

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.
May, 2018
Jul, 2018
100% completed
Raised funds - no Data
Goal 9 600 000 USD
Cap 9 600 000 USD
past
  • 1 PPTL
    =
    1.3 USD
Token Details
Accepted Currencies
ETH
Company Details
Registered Country
India
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
KYC
Yes
Categories
Platform, Cryptocurrency

About Payportal

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.

Features

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.

Technical Info

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.

Payportal Roadmap

  • Q2 2018

  • Integration with Bharat Bill Payment System will extend access to all utility bills, issued by Indian companies across the country. Customers will be able to fetch own bills through Payportal platform and timely pay bills on-line or through retailers.
  • Q3 2018

  • Releasing new version of IOS and Android applications with Domestic money transfers option.
    Promotion of new BBPS services like electricity, gas and water among the biggest distributors and retailers in the market. Find leads for new distributorship.
  • Q4 2018

  • Development and implementation of blockchain technologies for decentralization of data, cross-border money transfer service and fees collection.
    Running internet advertising campaign to attract and extend on-line Payportal wallet users.
  • Q1 2019

  • Geographical expansion to the new areas close to Delhi (Faridabad, Ghaziabad and Noida)
  • Read More
  • Q2 2019

  • Implementing a loyalty program, that will motivate retailers to increase sales. Distributors in turn, will improve the service quality and the number of new retailers. Additionally, our Company will introduce the number of own services to be used by retailers and distributors for redemption of loyal bonuses and receiving extra value.
  • Q4 2019

  • Geographical expansion to TOP 3 largest Indian cities and surrounding areas (Mumbai, Bangalore, Pune or Jaipur)

Activity

Activity:
112
MEDIUM
Posts:
2 150
VERY HIGH
Views:
20 854
VERY HIGH
Activity:
448
VERY HIGH
Merit:
108
MEDIUM
Posts:
2 684
VERY HIGH
Views:
14 859
VERY HIGH
Users:
1 489
VERY HIGH
Posts:
240
MEDIUM
Followers:
13 608
VERY HIGH
Likes:
13 580
VERY HIGH
Followers:
2 621
MEDIUM
Tweets:
399
HIGH
30 Days Growth:
-462
Members:
1 866
LOW
Investors Detected:
4.39%
30 Days Growth:
-23
Alexa
Rank:
138 234
HIGH
Delta:
-21 026

Team

Verified 100%

Director
verified
Head of Business and Alliances
verified
Research and Development Head
verified
Head of Analytics
verified
Director and Co-Founder
verified

Advisors

Verified 75%

Attention. There is a risk that unverified members are not actually members of the team

Advisor
verified

Payportal Interviews

Simon Cocking
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I help with promotion, endorsement, strategy, media advice and insights from 100+ other successful ICO campaigns I have worked on.
Daniel Heller
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
My role is to advise on regulatory and compliance issues.
Irina Travina
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I believe this project change life to the better.
Alok Yadav
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
verification done
Yadhvendra Singh
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
PayPortal
Pavel Bannikov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Research and development
Timur Abdulkarimov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Head of analytics
Alexandr Shishlov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Payments never die. Methods can be transformed, simplified and this is a non-stop process. India is one of the biggest countries in the World and digitization of the Indian population is only just beginning, and we believe that PayPortal will be a part of tackling this challenge.

Last News

4.20
positive
5.0 9
ICO Profile Vision Activity Potential Product Team

Payportal Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

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

PROS:

  • Faster transactions: The use of the platform enables the user to make easy and faster transactions  within a few seconds, making it easy to search transaction history,accessing electronic news  desk which increases the numbers of  customers and provides a quality service
  • User-friendly: The users take a few seconds to set up  a wallet which enables them to enjoy a variety of services within the wallet  i.e. net banking, wire transfer hence improving the service delivery
  • The platform is easily accessible to  all smart phone users as its well developed mobile application supported by Android and IOS is readily available in Play store and Google Play where the users can install in their smart phones to enjoy the platform services
  • Security: The platform ensures that the users data is fully protected  and  the two- factor authentication ensures that the customers are exactly the persons who own the wallets hence preventing any possible losses due to hacking
  • The use of PPTL token  enables the users easily  access the platform services as it exchangeable with fiat and other crypto currencies  making the project to be used across the globe
  • The involved team has a good and related experience and skills led by the CEO  Alexander Shishlov who has managed different payment systems
  • The platform white paper clearly highlights the need for the project in improving the quality of services to the customers through the portal wallets promoting its use.

CONS:

  • The Payportal token doesn’t entitle the users to any equity, governance, voting or control over the management of the platform
  • The newly adopted regulations and policies may adversely affect the development of the PPTL coins
  • The management team involved are fewer

SUGGESTIONS:

  • The token holders should be given more powers and control the platform decisions and entitled to profit share of the project
  • More management team members should be involved in the platform

NOTE:

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.

Read More
icoexaminer.com
ICO review website

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.

Read More
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