When the Indian government decided to ban the 1,000 and 500-rupee notes back in 2016, most of the talk was around fighting the growing problem of black money. It is that demonetization that has helped push the country towards a more digital economy. Today, India has one of the fastest growing mobile payment markets in the world, particular in proximity payments where you use your phone to scan, tap or swipe after getting a certain service.
What Is Paytezo?
In line with this continued boom in India’s payment solutions, a dedicated cryptocurrency payment solution has not been developed by PayTezzo.com. With the rise in popularity of Bitcoin payments, it was only a matter of time until cryptocurrency was used to take advantage of mobile payments. With PayTezo’s cryptocurrency payment app users will be able to do online shopping, pay bills and buy tickets, just as they would do with the regular mobile payment apps.
Bringing Cryptocurrency To The Masses
The meteoric growth of cryptocurrencies continues to capture everyone’s imagination all over the world, with equal numbers of proponents and opposers. PayTezo seeks to bring cryptocurrency into the daily lives of people by making it a useful payment wallet. It is very important that an app like PayTezo succeeds as it will help show how cryptocurrency is indeed a viable digital currency that can be effectively applied in the real world.
What Can You Do With Paytezo Fiat & Cryptocurrency Payments?
PayTezo aims to offer a lot more than just a simple mobile payment app. Besides paying bills using their preferred cryptocurrency, PayTezo users will also benefit from making direct crypto-payments to more than 15 industry partners including Uber, Amazon and Vodafone among others. It will only require scanning a QR code to authorize the payment, which makes it even more convenient.
The other notable service you can expect with PayTezo is currency conversion between cryptocurrency and fiat currency. This conversion will be done at nearly no cost to the end user. The conversion and payment processes are intended to occur seamlessly, usually within seconds, further showing the power of using cryptocurrencies.
Which Cryptocurrencies Are Supported In Paytezo?
The PayTezo application is currently in its prototype stage and therefore it only supports a few cryptocurrencies. These currencies include Bitcoin, Litecoin and Ethereum. Nevertheless, the founders Ajay Gupta, Alex Holland and Chethan have said that they will add even more cryptocurrencies onto their platform as it expands into the Asian markets.
Should You Join The Paytezo PTEZO Token ICO?
PayTezo is an innovative mobile payment app that is powered by digital cryptocurrencies. It is one of the ICO’s that is worth funding towards reaching its milestone of bringing cryptocurrency to the masses. The team is also backed by huge private investors, so it has a higher chance of success in this particular highly saturated market segment. So, if you are interested make sure you head on to the PayTezo website and sign up to be eligible to take part in all the pending activities from the Pre-ICO and ICO to other future updates.
Paytezo Final Thoughts
The digital and foolproof nature of cryptocurrency makes it the perfect candidate for making mobile transactions. It is low-cost and fast, while other traditional payment solutions are more expensive and slower. Thanks to PayTezo you can now access these advantages in a secure, fast and intuitive app.