Updates on the PolisPay Project

We want to thank all the members of the Polis community for the support and patience shown the last week, it certainly helped the team to focus on solutions and continue the development of the diverse platforms that support PolisPay.
As we stated on the post we published the last Sunday, we spent all week looking for solutions to our card provider problem. We are now ready to provide you a quick update on the project’s status on that matter, and the parallel development that’s scheduled as well.

Card Provider

— The team has reached good terms in negotiations with a UnionPay card provider. We are still working on the technicalities of the deal, and wether it is the best way to go, or not.

— We expect to reach an agreement with Cacao and Evertec, in order to keep a local provider in hopes of providing a good service for the Latin American area.

— Following the same logic as the previous statement, we are currently looking for providers in other parts in the world. It is important to mention that this process has been the hardest, so it is expected to take the longest of all.

PolisPay Platform

— Thanks to our amazing community and staff, we have found some minor issues with the PolisPay branding and image. We have carefully listened to most recommendations made, and we believe that subjecting PolisPay to a process of renovation is due. So the platform will evolve in the upcoming weeks as we reach the level of quality that the project and its community deserve.

— We will be working on adding stablecoins to the PolisPay platform, so that merchants can use the built-in shift function to start receiving payments and converting instantly.

— We will release PolisPay shift as a separate application to the PolisPay ecosystem, so that everyone can use it, even though they do not have the PolisPay app.

— The possibility of either making a proposal or a crowdfunding campaign is being studied carefully, with the goal of speeding up the processes and pay the required amounts the deals with such providers as soon as we can. We will keep you posted on this matter as nothing is defined at this time.

Community Updates

— In order to achieve all of our goals and being loyal to Polis’ vision of being a cryptocurrency built by its community, we will be opening a new channel on PolisPay’s Discord Server. You will find it as #brainstorming, and its purpose is to be a space of dialogue where each community member will be able to share ideas and complaints on the measures and plan we will follow. Updates on the project will still be posted through Medium for everyone.

We will notify the community on any new substantial development that occurs in a timely manner, as we have always done. We ask every Polis user to contribute to the project’s development, be it with ideas on the brainstorming channel, through their support on our diverse communication channels and in any way you consider fit.

Our developer, legal and marketing teams have not stopped the platform’s development and they are as willing as ever to make the project succeed, as we, as a community, believe in the project and its impact on the crypto community as a whole.