Paycoin partnering with CGV, one of the largest movie theater franchise in South Korea

Paycoin has signed a strategic partnership agreement with CGV from the CJ Group to accept Paycoin(PCI) as payment.

Through this partnership, both companies aim to create synergy not only in securing diverse user base and providing convience to users, but also in expanding the business scope into various sectors.
CJ CVG is an affiliate of CJ Group, focusing and operating business related to entertainment and media. It is currently operating 169 theaters with more than 1,200 screens in South Korea.

About Paycoin

Paycoin is a blockchain project that is providing the virtual asset based payment service. As a subsidiary of “Danal” — an integrated payment solution provider — Danal Fintech provides virtual asset payment services based on Paycoin blockchain, which reduces the intermediaries in the existing payment process, enabling lower transaction fees and faster settlement cycles to merchants, and a safe and convenient payment environment to users. Paycoin is the first virtual asset that is being commercialized as payment in Korea, and we aim to lead this new payment market and drive adoption for the service.

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