Paypolitan: Frictionless Payment Through Blockchain

Decentralized finance is the future of the global economy. The recent surge in interest garnered by DeFi enterprises points out that fintech applications have to eventually move into decentralized platforms to cater to users’ rising demands.

Paypolitan, a hybrid payment ecosystem, integrates traditional banking systems with the efficacy and near-limitless potential of DeFi features. As a retail user solution, Paypolitan can help users quickly access and connect all their monetary accounts — fiat and crypto — into one single accessible platform. With cryptocurrencies being increasingly used for transactions, juggling between wallets to make transactions in your fiat currency and cryptocurrency can become quite an inconvenience. Paypolitan efficiently solves this problem by offering merchants the option to accept and make payments in both currencies. Paypolitan also seeks to benefit corporate businesses by reduced commission fees and higher-margin earnings.

Paypolitan helps each merchant and user function as a micro bank without actually going through the hassles of setting up one.

It also offers DeFi features like yield farming and staking options to leverage from users’ digital assets.

How is this made possible

Paypolitan aims to revolutionize mobile payment, and it does so by incorporating blockchain technology to provide seamless, hassle-free transactions. Blockchain has seen a meteoric rise ever since its inception in 2008, with the global blockchain market expected to grow by a staggering 67.3% by 2025, which equates to $39.7 billion.

Therefore, the need of the hour to bring about a payment platform integrating regular payments with evolving market conditions. Paypolitan seeks to combine the best of both worlds, the ease of traditionalistic routes of monetary transactions, and smart contracts’ efficiency and security.

With Paypolitan, you can now easily connect all your monetary accounts anywhere and anytime. Payments can thus be transacted via fiat or cryptocurrency as per your needs. Users can also hold their liquidity in Paypolitan Savings for guaranteed higher earning rates.

Some of the critical features of Paypolitan payment solution are as follows:

1. Daily DeFi — The primary aim of Paypolitan is to provide its users with the accessibility of DeFi principles into their day to day life. The Paypolitan platform boasts a state of the art interface where users can quickly assemble all their existing monetary accounts and freely access them all on one platform.
2. All-in-one — Paypolitan allows for transactions in both fiat and cryptocurrency and significantly reduced transaction costs, making it one of the most efficient payment platforms.
3. Earnings — Through staking and yield farming, users can lock their crypto holdings and, in turn, benefit from rewards in the form of EPAN. Paypolitan promises high yield incentives for all higher holdings.
4. Security — Users can now say goodbye to fraudulent hacking and money laundering as they are no longer required to share their payment credentials, credit/debit card numbers, CVC, etc. Secure and safe transactions are now the future with Paypolitan.
5. Democracy — EPAN tokens will be used for voting to manage new features and add new assets to the Paypolitan Wallet

What is in it for investors

The Paypolitan token (EPAN), functioning as a utility token, would allow users to secure higher earning rates and a reduced operational fee. Users would also be able to acquire more EPAN by staking their crypto holdings. EPAN offers a simple payment mechanism where users can utilize the EPAN token for all cryptocurrency payments. Businesses can also make use of Paypolitan for remittance and direct fund transfers.

As a DeFi venture, Paypolitan aims to drive growth and engagement on the platform through an efficient reward system. Staking and yield farming play an essential role in achieving this factor. Users can stake (lock) their cryptocurrency to gain rewards and support the token. The Paypolitan platform, in exchange for staking, rewards its users in EPAN tokens, which can be regarded as interest. The higher the amount staked, the higher the interest garnered. In other words, staking helps you generate a certain amount of passive income with no extra effort required.

Yield farming follows a similar staking mechanism of earning rewards in the form of tokens for all your cryptocurrency holdings and investments. Paypolitan secures the funds provided to the liquidity pools through smart contracts and, in return, benefits its users among staked EPAN. However, yield farming doesn’t allow you to withdraw your funds promptly. Here, you lend the tokens in your wallet for a higher interest.

Thus, staking and yield farming offer investors the opportunity to generate a passive income by holding and locking their crypto assets — a win-win situation for all.

Wrapping Up

Our efficient blockchain protocol facilitates frictionless finance through a medium cemented in trust and efficient results. The wide acclaim received by Paypolitan has already created a consistent demand for EPAN tokens in the market. As the project expands and releases new features in the coming months, demand is expected to be higher, paying off supporters with guaranteed rewards.

Links

Web: https://paypolitan.io
Twitter: https://twitter.com/paypolitan
Telegram community: https://t.me/paypolitan_chat
Telegram news: https://t.me/paypolitan_ann
Discord: https://discord.gg/nShrBZfeJd