The PayMaz Platform — Revolutionizing Crypto Transactions

Coinnup
3 min readJun 6, 2018

--

The mass adoption of cryptocurrencies in daily transactions — B2B and B2C — faces multiple roadblocks, one of which is the absence of a reputable, robust and comprehensive platform that allows the complete spectrum of crypto related transactions. PayMaz, from Coinnup may just be the answer people have been looking for.

Paymaz Crypto Exchange

|What is PayMaz?

Cryptocurrency still sounds foreign to many people, so one can imagine how cryptocurrency trading might sound. PayMaz might not teach you what cryptocurrency is, but it does make the task easier by offering you the five core cryptocurrency management processes on a single platform. It allows the user to buy, sell and trade cryptocurrencies stored in a single, universal wallet. This can surely be seen as a bridging step towards the future of a truly cashless, crypto-powered economy.

|Why PayMaz?

Blockchain has been a revolutionary step forward due to its transparency and decentralization, underlying features that do not allow it to be altered or tampered with. PayMaz, a blockchain-powered platform eases out the difficulties of buying and selling of crypto assets, along with using them not only as a store of value but also as a means of exchange through a wide network of PayMaz-powered POS. PayMaz comes from the Coinnup financial ecosystem and is backed by a team of tech experts, economists and business developers.

PayMaz offers the user five different core platforms of crypto management, which are docked in a single central platform that runs on the Coinnup coin (PMZ). The platform’s B2B and B2C payment gateways need a single verification for the transaction, rather than verifying the user at every step.

The PayMaz ecosystem is made up of 6 different components, as seen here -

  • PayMaz Crypto Exchange: The PayMaz crypto exchange is a full-featured crypto exchange backed by a blockchain centralized platform. It can handle about one million transactions spontaneously and still will be left with the capacity to hold future transactions.
  • PayMaz Fiat Central: This platform allows you to buy or sell currencies instantly or withdraw the funds to your bank account. This platform saves a lot of your money in buying fees, conversion rates and other various hassles. Driven by the CSS protocol, you can use this platform to deal with multiple cryptocurrencies in a go.
  • PayMaz Universal Wallet: The PayMaz ecosystem offers you a universal wallet that would hold about 50 different cryptocurrencies from the time it becomes functional. The platform will also include top 200 cryptocurrencies in the universal wallet to ease up the things for the user.
  • PayMaz Debit Card: Along with an online wallet, PayMaz also gives you a physical card to withdraw your funds and can be used either online or offline.
  • B2B & B2C Payment Gateways: With the help of B2B & B2C payment gateways, you can use your cryptocurrencies to shop for various items in shops that accept these payment methods. Also, the University of Nicosia is accepting cryptocurrencies as a method of payment for the tuition fees of students. This can be seen as a small step forward on the path where milestones are destined to be achieved.
  • POS Network: Using the POS network you’ll be able to buy cryptocurrencies using your Debit card or use it for paying bills and in-store shopping.

PayMaz is a bold step forward in creating an alternative financial platform that is powered by the currency of the future. It’s easy-to-use features and seamless user interface belies the robust and solid technology underlying its every functionality. With PayMaz, you can hop onto the crypto bandwagon with ease and complete assurance.

Leave your comments and like/share this page with your investor friends and crypto enthusiasts.

https://www.linkedin.com/company/paymaz/

https://www.facebook.com/coinnup

Thank you for reading! Share your thoughts rachna@coinnup.com.

--

--

Coinnup

Coinnup is building an ultimate platform that offers, fiat central, portfolio management, everyday trading using smart exchange, universal wallet & much more…