Being the Crypto Bank for 7 billion people, PointPay has been providing easy crypto-first banking services since 2018.
PointPay is taking a truly innovative step in crypto exchanges that moves beyond trading into lending and the other traditional banking facilities, which serves as a one-stop shop for crypto holders by offering a full spectrum of banking services with around ten financing products and financial services.
The fintech company provides the world’s largest range of crypto services and products with a reliable and secure space for cryptocurrency holders to store their investment safely, earn interest on their holdings, trade, lend and borrow.
For its innovative approach to the crypto market, PointPay was elected “The best blockchain start-up of 2019” at Blockchain Life, the largest blockchain conference in Eastern Europe.
Let’s dive into the overview of PointPay’s main products and services:
In short:
Banking services
The platform’s flagship product is the blockchain-based banking service, which supports over 60 fiat currencies. It is used to store and transfer stable coins and tokenized gold and is integrated with all crypto exchange services on PointPay.io.
The bank offers two types of accounts — checking and savings. Just like traditional banks, the checking account is for daily transactions and offers a lower rate of interest. The savings account only allows 3 withdrawals a month and is ideal for storing funds. It offers a higher rate of interest. The rate of interest on PointPay is calculated daily on the amount of the deposit and interest funds received on previous days.
PointPay embodies the spirit of inclusiveness and openness and works hard to make customers getting their outcomes with ease. The company has one of the best customer support services in the crypto world that can resolve customer queries in under 5 minutes. Along with an active customer support unit, they also leverage the power of social media channels such as LinkedIn, Twitter, Facebook, Instagram, YouTube, Telegram, and others, to support and guide community.
Exchange
PointPay Exchange is probably the world’s easiest crypto exchange for newcomers that offers more liquidity, ease of trading and seamless access between coins and markets. It simplifies the conversion of cryptocurrencies from fiat currencies or vice versa. It also has a native token — PXP or PointPay Token, which users can use to transact on the platform and access progressive discounts and generous rewards.
An interesting feature of the crypto exchange is the knowledge mindset being promoted. PointPay Crypto School promotes crypto and blockchain education worldwide through courses and content for crypto enthusiasts and investors at all crypto expertise and knowledge levels.
Wallet
To buy or sell crypto on PointPay, the user needs to sign up to the PointPay Wallet. With a desktop, web application or mobile-first app, PointPay wallet keeps holdings secure and available round the clock. Users can access a host of integrated features such as live price quotes, email-generated payments, and automated fund transfers through the wallet apps.
It supports and facilitates transactions across multiple currencies and even allows our users to send crypto to their friends via email. The wallet also keeps a detailed record of all transactions done on the platform to ensure transparency and give historical context to current buying decisions.
Payment System
PointPay has its own proprietary, feature-rich payment system that allows users to buy crypto directly via debit and credit cards. PointPay’s clients can use the payment system to sell and withdraw BTC or ETH funds/assets into their banks, and major currencies such as USD, RUB, and UAH are supported. The customers can pay in 60+ fiat currencies to buy cryptocurrencies, including EUR, GBP, etc.
Easily the smoothest crypto payment system, PointPay links to credit and debit cards to give users the ability to deposit money to purchase BTC and other cryptos. The payment gateways are regulated and secure and cannot be misused by any of the stakeholders.
iOS and Android apps
To make the services available and accessible to the widest range of people, PointPay has made its platforms available via iOS and Android applications. Most functionalities are supported, and users can buy and sell their Bitcoins with debit and credit cards, earn daily interest, and exchange cryptocurrencies via the mobile app. As always, security is paramount, and the whole system is safeguarded by a 2-factor authentication model.
Why PointPay? In a nutshell
EASE OF SERVICE
The main advantage is absolute ease of services which makes it simple for even the most traditional users to access and transact with cryptocurrencies. PointPayplatform hosts users from over 200 countries, opening up access to crypto banking and financial services in their local currency and market.
It supports fiat currencies like the Ukrainian hryvnia (UAH), Russian ruble (RUB), and US dollar (USD). On the other end of the spectrum, it integrates most of the major cryptocurrencies, including Bitcoin, Ethereum, Tether, LiteCoin, Bitcoin Cash, Tron, Chain Link and more.
OWN PXP TOKEN
PointPay also has its own ERC-20 Ethereum-based token — PXP, which is used within the system to award PointPay customers with reduced fees, discounts, loans, priority customer support and more.
As PointPay expands and attracts more users, PXP is slated to become one of the top cryptocurrencies by market capitalization in the next few years.
CRYPTO ECOSYSTEM EXPANSION
One of the most exciting features of PointPay is that the platform is committed to democratizing cryptocurrency by opening up access to underbanked users without getting bogged down by traditional banking limitations of credit history and income level.
The platform also runs an online crypto school. A multitude of video tutorials under the umbrella of the school provides information to users at all levels of cryptocurrency understanding.
With its knowledge-sharing approach, low commissions and seamless integrations with traditional banking services, PointPay brings billions of new users into the cryptocurrency market and cements the longevity of the entire industry.
