About Payportal Ico
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 Payportal establishes relations between service providers and their customers by processing online recharges, bill payments and domestic money transfers in the most secure and convenient way through a Payportalwallet.
The Payportal centralized platform connects Indian service providers like banks, mobile operators, digital TV operators and utility companies with the public through a wallet. Payportal wallet number is linked to a mobile number of the wallet’s owner. It only takes a few seconds to set up a wallet and two factors authentication process ensures that our customer is exactly the person who owns the wallet.
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In India, people from the streets trust more a person in a small street shop who is able to make a mobile recharge or pay a bill in front of a customer. The habit comes from the deep of history when people relations in India were based on trust. Retailer shops in most of the cases are small private entrepreneurship, run by its owners. Recharges and mobile bill payments usually have been offered by mobile operators in a way of providing a special prepaid SIM card that can be used by a retailer to initiate the SMS message to some special number with the amount of a recharge and a customer mobile number. The sim card requires a positive balance to cover outgoing recharges and blocks if there are no funds left.
In general, Payportal establishes relationships with various mobile, DTH, utility operators, banks and manages connections for receiving and processing online recharges, bill payments and domestic money transfers to customers’ bank accounts from the market. Payportal has appointed its distributors in various part of Delhi. Distributors in their turn deal with their retailers appointed independently or by Payportal in the designated area. Distributors and retailers mostly represent different shops that can be found on almost every busy street in India.
They sell electronic gadgets, mobile phones and all kinds of mobile phone accessories such as mobile cases, flip covers, earphones, etc. Both distributors and retailers are involved in the provision of customer services like mobile and DTH recharge, utility bill payments, domestic money transfers through the platform. Surely, the Payportal is watching Indian society had benefited from low internet tariffs and affordable smartphones, and introduced Android and IOS mobile applications for increasing on-line customers. Development of this market segment is our priority.
The Payportal receives a commission from mobile and TV operators, banks and other partners that are partly shared between distributors and retailers. Transaction-based surcharges and monthly fees apply to retailers and partly to online customers. Increase in the number of service providers, retailers, and online customers leads to the increase in a revenue. Geographical expansion and increasing the number of retailers and distributors are crucial for the exponential revenue growth.
A key objective for Payportal is to raise sufficient capital to execute the company plans. The strong cash position will give the company a clear runaway to acquire new customers, expand within the current area of Delhi and NCR and other geographic markets (Maharashtra, Rajasthan, etc.), pursue new licensing deals, develop new technologies, expand our development resources and continue adding significant innovations to Payportal wallet technology. The PPTL Token (PPTL) is an ERC20 UTILITY token and aims to provide the development of the Payportal platform. PPTL can also be seen as a loyalty token allowing investors to show their affiliation with and support of the project. It does not represent equity.
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Total PPTL Token supply is 20 000 000
Payportal accept ETH
1 Token = 0,002 ETH
Softcap: 3000 ETH, HARDCAP: 24 000 ETH
The potential for increased profit over time and growing demand from retailers and distributors as a result of the redemption of loyalty bonuses, fees, cross-border money transfers provides the basis for potential value appreciation over time. Provision of additional services based on the PPTL coins to retailers and online wallet users will increase its total demand.Payportal expects that PPTL coins will be exchangeable for fiat currencies and other cryptocurrencies.
Purchase of PPTL tokens involves some degree of risk. You should consider carefully the risks described below, together with all of the other information contained in this Website, before making a decision to purchase. The following risks entail circumstances under which, Payportal business, financial condition, results of operations and prospects could suffer.
Financial and operating risks confronting financial and technology companies may be significant. The financial and payment processing industries are highly competitive and the percentage of companies that survive and prosper may be limited. Unexpected problems in the areas of product development, marketing, financing and general management, among others, that cannot be solved may arise.
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