the features that will interest you about PayFrequent projec
What a great news today! I have come with another new and wonderful project that will be so beneficial and very insightful to you all as a crypto lover’s, upon all I was doing much researches today to make sure I supply enough good project to you all that will be indicating interest in most of the crypto coin investment. I know many of you would be wondering how I ran my research and get quickly back to you all. Notwithstanding I have to go straight to the work, this project is known as
“PayFrequent”
What is needed is a stablecoin that works without any dependence on third party coins for fees and is spendable & accessible to everyone with their own token. We believe that with PayFrequent issued stablecoins it can be accessible to everyone without any dependency on any third party coin with the technological advantages of a TOMOZ TRC21, a token standard of tomochain blockchain network that sets users to pay their fees in token currency.
PayFrequent Standard Token
Blockchain technology has introduced exceptional innovations—distributed ledgers, decentralized trust, smart contracts, etc.—yet has not improved on the basic principles that characterize money, nor has it built the trust of the public necessary to achieve popular adoption. PayFrequent Standard is designed to leverage the new innovations of blockchain technology to improve the function of money. PayFrequent Issued stable coins are always readable to their native face value. They can transfer to any account or exchange to fiat anytime.
PayFrequent Stablecoin transaction speed is fastest as compared to other stablecoins. Thanks to the tomochain network for their 2 second block time. All transactions complete instantly with lowest fees. For example check the comparison chart.
Fully Independent
PayFrequent Stablecoin does not depend on any third party coin for their fees. All you need is an ethereum compatible wallet and send it to anyone without holding any other token. All fees are paid by token itself
Stable value
PayFrequent converts cash into digital currency, to anchor the value to the price of national currencies like The US Dollar, The Euro, and The Offshore Indian Rupees.
Reward without any locking period
Most companies provide rewards for holding their coin and locking it for a time. With PayFrequent you can Hold it in any wallet with your private key and spend it anytime without any locking period and get a reward based on your balance.
Hourly Reward
All users automatically get rewards based on their holding balance. You can spend your balance whenever you want without waiting for the reward to be cleared. All PayFrequent Stablecoin holders are divided into 3 reward groups. Hourly, daily and monthly. Your reward distribution frequency depends on the balance you hold.
Global transactions
PayFrequent Coin is designed to let currency move globally from your crypto wallet to other exchanges, businesses, as well other users. PayFrequent is available 24/7 to facilitate settlement against any type of asset including crypto, security and asset tokens or for payments. Unlike fiat, which is only available to settle trades during bank business hours, PayFrequent can move anywhere, anytime.
PayFrequent Wallet
PayFrequent wallet is a fully managed wallet with 24x7 access to withdraw, send or exchange to another crypto currency. PayFrequent wallet will allow users to cashout of their stablecoin anytime or send it to anyone even if they are not registered in our website. An user can send PayFrequent stablecoin to any tomochain address (same as ethereum network), to user mobile number, to there email id, to there user id or there wallet id.
Full KYC & AML Compliance
All PayFrequent wallet users need to complete their KYC before using any fiat transition. A user can use PayFrequent stablecoin without any KYC if they do not want to use fiat service on PayFrequent wallet.
Creation and Redemption
Creation
PayFrequent Stable coins can be issued only by PayFrequent Limited or Banker / Financial companies which sign NDA with PayFrequent Limited for issuing and distribution of PayFrequent stablecoin. All issuers need to deposit a security deposit in the same Fiat currency they want to issue stablecoin. A limit will be provided by the same equivalent amount of security. The issuer needs to clear their settlement for all issued coins by next day otherwise it will be debited from their security deposit.
Redemption
PayFrequent Stablecoin can be redeemed 24x7 by depositing in PayFrequent wallet and converting it to another asset or sending it to another user or transfering to fiat. All transfer will be done instantly except fiat transfer requests will be accepted automatically and its sent to the user chosen bank account within 1-3 working days depending on the user bank country.
PayFrequent Wallet function
Multi Send option
PayFrequent wallet users can send any supported currency in the wallet via 5 transfer methods to anyone.
To their blockchain address - users can send cryptocurrency to any tomochain address (same as ethereum address). Please check and confirm user can access their wallet via private key or the wallet fully supports tomochain trc21 token.
2. To mobile number - users can send it to all mobile numbers which are registered in PayFrequent wallet.
3. To email address - user can send it to all email addresses whether it is a registered user or not. If a user is registered in PayFrequent wallet then their account will becredited instantly otherwise the user will receive an email notification for creating their account.
4. To user id - all users can generate their user id from their profile page. Fully anonymous if you want to receive funds but do not want to share your wallet address.
5. To wallet id - as soon as a user registered in PayFrequent wallet a wallet id is generated which is 5 digit and unique. A wallet id can be used to receive fund and shopping / withdrawing cash from ATM / user agents. A user just needs their wallet id and 2fa code For cash withdrawal / shopping in all PayFrequent supported merchants.
PayFQ Card Network
PayFQ Card
PayFrequent wallet is closely working with their sister company PayFQ Payments Limited to integrate and launch PayFQ card Network cards. PayFQ card network is the first blockchain network card especially designed for cryptocurrency. You can use it the same as other cards. You can use it to make a withdrawal from an ATM or make a movie ticket booking also. PayFQ Cards integration is under testing and it will be live by the first week of May.
PayFQ Merchants
Any user / company can register as a merchant and receive cryptocurrency payment Directly in their PayFrequent wallet or Merchant can choose for direct fiat settlement daily in their bank account. For more details about PayFQ cards / Merchant kindly check their whitepaper or visit their website. PayFQ services are under testing phase and should be live by the first week of may
Our wallet
Full KYC & AML Check
Instant Email & Telegram Notification
Bind your account with your IP address
Two-Factor Authentication (2FA) required for logging in to your account and making withdrawals.
All employees undergo criminal and credit background checks and are subject to ongoing background checks throughout their employment.
Encryption is used to secure your passwords, personal information, and other sensitive information both in transit and at rest.
For more details about PayFQ cards / Merchant kindly check their whitepaper or visit their website. PayFQ services are under testing phase and should be live by the first week of may.
For more details about PayFrequent:
Website: https://payfrequent.com/
White Paper: https://docs.google.com/document/export?format=pdf&id=1AN8KaXF5D6pBaMnOVTz8Ug6JPOsLJBHx2zb6pLvs81s&includes_info_params=true
Telegram Group: https://t.me/payfrequentbounty
Twitter: https://twitter.com/payfrequent
Facebook: https://www.facebook.com/PayFrequent
Instagram: https://www.instagram.com/payfrequent
E-mail: http://help@payfrequent.com/
Leezkie Manangement: https://t.me/LeezkieManangement
Twitter: https://twitter.com/payfrequent
Facebook: https://www.facebook.com/PayFrequent
Instagram: https://www.instagram.com/payfrequent
E-mail: http://help@payfrequent.com/
Leezkie Manangement: https://t.me/LeezkieManangement
Author : harum93
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