What Is PAOcard?
Created by the People Allocate One Card International Group Co. Limited based in Hong Kong, PAOcard is a next generation banking service that combines the traditional currencies with all the major cryptocurrencies. The service will feature a mobile application and a visa multi-blockchain card.
PAOcard will ensure that everyone has access to banking services and improve on the drawbacks that traditional banks has by having no weekend off or closing hours as well as eliminate all the paperwork that is involved when users want to use the services of banks.
Furthermore, through the world’s first multi-blockchain card that is compatible with all the major cryptocurrencies, users will have access to top notch solutions that will enable them achieve their goals and objectives more quickly and easily. Incorporation of blockchain technologies into one card will also make life more convenient for the users.
How PAOcard Blockchain Banking Cryptocurrency Debit CardVWorks
To receive the PAOcard, users are required to register by filling out the form on the PAOcard website. After the registration process is complete, users will be provided with various ways that they can use to pay for the card. The user will then have to select their preferred payment method and follow the instructions to complete the payment process.
After around three weeks, a PAOcard employee will do a delivery for the card and documents to the address the user provided during the registration process. The PAOcard can be used anywhere in the world and users can withdraw their funds using the card from any ATM regardless of the bank worldwide. There is no limit on the number of withdrawals that users can undertake using their cards and no fees are charged for the withdrawal.
Access To PAOcard Mobile App
Holders of the PAOcard visa card will have access to the PAOcard mobile application, which they can use to manage their accounts or transactions and perform certain functions such as blocking or unblocking their visa cards. Users can add cryptocurrencies to their accounts using the mobile app. The card currently supports Bitcoin Cash, Bitcoin, Litecoin, Ethereum, Ripple, and Dash. The app will then convert the cryptocurrencies to USD and deposit them into the user’s PAOcard account.
Plans are underway to create a PAOcard cryptocurrency known as the PAOcoin. The cryptocurrency will be the utility coin and its main function will be to conduct wholesale payments of PAOcard private banking.
PAOcard Benefits
Dedicated Personal Manager
In efforts to ensure that users achieve their personal goals, PAOcard will connect users to a dedicated personal manager that will enable users to understand their wealth management goals and help them define their individual investor profile thus benefit from investment management expertise that the personal managers have to offer.
Earn Interest Each Month
Apart from being a great way to save and manage money, the PAOcard also earns the users 15% interest annually on all the deposits made into the card. The interest is credited into the user’s accounts on the 15th of each month.
For Merchants
Merchants using the PAOcard will acquire various benefits such as simple integration into the business, rapid money transfers from the buyers, acceptance of payments in both visa cards and cryptocurrencies, and compatibility with payments from all around the world.
