Posts tagged "cryptopayments"

Don’t let the CORONATIME affect your business

March 25th, 2020 Posted by News 0 thoughts on “Don’t let the CORONATIME affect your business”

We are witnessing epic times – the CORONATIME. This is not necessarily bad for your business if you turn it into your favor. Don’t let the CORONATIME affect your business!

Increased interest in digital assets trading reported by search engines

With a large part of the world population that is now more plugged than ever, and dealing with this uncertainty caused by the global pandemic crisis, it’s not surprising that many have an interest in digital assets. The digital assets market has shown it can be very volatile as traditional ones when the global economy is dealing with a pandemic.

Search engines reported an increased interest of the users in trading digital assets despite the market massacre that started on the 12th of March 2020 and lasted for a week. Exchanges have registered new traffic records and trading volumes.

This interest may be related to the theory spread over the internet, that a global economic meltdown may lead to growing value for the digital assets.

Where is this increased interest going?

It takes to the point where crypto exchanges and other companies related to the industry have to find fast solutions to support their increased volumes in operations. This leads to more partners, more costs, more work. While their clients are trading higher volumes, they still have to make transactions with fiat, which we all know it’s not that easy as a high-risk business.

PAYTAH to the rescue

The current regulatory environment is more and more strict, so during CORONATIME crypto businesses are finding even harder opening company account and making transactions. Happily, PAYTAH is here to help these companies to overcome this kind of bottlenecks.

We know that this is exactly the moment when now more than ever high-risk businesses need to partner with a trustworthy financial institution that has the right experience in risk management and in-house technology to manage transactions in the safest possible way.

Here is what PAYTAH can do as a crypto-friendly payment solutions provider:

  • Settlement IBAN accounts – Supporting new and existing businesses
  • Payment accounts – Fast and reliable SEPA transfers
  • Segregated accounts – To meet different needs
  • Custom IBAN –  Fitted to your business needs (T&C apply)
  • Personal accounts – With respect to individuality
  • Instant internal transfers – One click away
  • B2B and B2C payments supported – As easy as you say Paytah
  • SDK available for automated payments

And many more you can find by reaching out to us at [email protected].

Don’t let the Coronatime affect your business. It’s the right time to turn the CORONATIME into your favor!

PAYTAH Launches First Ever Payment Account App Running on Blockchain for Individuals and Business Customers

December 20th, 2018 Posted by News 1 thought on “PAYTAH Launches First Ever Payment Account App Running on Blockchain for Individuals and Business Customers”

Paytah Wallet – Traditional Financial Services empowered by Blockchain Technology.
2018 – 12 – 20

Paytah Payment Solutions announced the release of its new digital platform: The Paytah Wallet – a multicurrency account App running on the blockchain.

          

The new digital platform was developed in partnership with Heat Ledger. It uses 3rd generation distributed ledger technology to enhance traditional money services and to add special features related to security, privacy and transparency.

Transactions are faster, cheaper and safer. The Paytah Wallet is linked to a fully functional IBAN and incorporates all the main financial services of a payment account. Services include: Instant transfers within Paytah accounts; Euro transfer to external accounts via SEPA and SWIFT; Euro deposit through SEPA, International wire and Credit card; Private encrypted messaging between client/Paytah or client/client and Additional FIAT currencies (26 different currencies available)

The use of blockchain technology provides a full, unmodifiable audit trail to comply with regulatory requirements. Additionally, client-side encryption of transactions adds an extra layer of security to the system. Blockchain and the Private Key system put the client in control of its assets. Account balances cannot be adjusted, or transactions authorized without the user’s registered device explicitly providing access credentials for every transaction.

Marco Lavanna, Founder says:

“Having an account running on the blockchain eliminates the need of the so-called Trust Factor, and here lies the significance of resorting blockchain technology to improve traditional financial services.

Our App replaces the confirmation payment pass codes usually sent via SMSs and traditional token devices with unique Private Keys. The Private Key puts the account owner in control of their funds, no third party other than the Private Key holder can validate transactions. When authenticating a transaction, the private key triggers an automatic process that cannot be tampered nor interrupted.

The blockchain technology brings to our relationship with the clients a level of transparency otherwise impossible. In the financial world we know, financial transactions are 100% depended on the good intentions of a third party. When moving funds, the person would put its trust on a bank to rightfully make the transfer to the designated beneficiary. No trust is required when you have an account running on the blockchain.”

Add-ins are already under development and account owners will soon be able to hold, send and receive funds as well in cryptocurrencies.

The service is now available to individual and corporate customers. The user interface comprehends a mobile and a desktop version. And it was meticulously developed to be hassle-free and easy to handle.

PAYTAH Payment Solutions (Phoenix Payments Ltd) is a regulated financial institution, licensed by the Malta Financial Authorities (MFSA) to provide payment services across all 28 EU and EEA member states. We operate under the legal framework of the PSD2.

Resources: Visit our website to open an account and start using the Paytah Wallet.


                  

Phoenix Payments Ltd | licensed by the MFSA as a Payment Institution | Company No. C77764 | Vision Exchange Building, Territorials Street, Zone1, Level 1, Central Business District, Birkirkara, CBD10170 | Malta

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