[ANN]

[romfish]

How many people are already using your app at the moment?

Based on Play Store we have over 10,000 downloads.

Please, tell not the number of downloads, but the number of active users, if this information is not classified for any reason.

The target is 1000 active users on a daily basis.

As I have already mentioned, I am interested in the current indicators, not the target ones. Or is it secret information also?

Sorry we cannot disclose that information. But you can do the math given the 10000 downloads.

I have only one question left: has the number of users increased significantly since the announcement of the beginning of the ICO?

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[deort]

Good afternoon. As far as I know, have you already concluded an agreement concerning issue of  MasterCard cards? Do you conduct parallel negotiations on the issue of VISA?

[Forspareparts]

Will I be able to cancel the exchange operation during a certain period of time?

Since Paycent is a dual ewallet, you have the option as to when you want to do the Exchange.

What about the cases when I mistakenly exchanged more means than I expected?

Conversion is in realtime. if it went through successfully, I believe it would be difficult unless you convert them again back.

And can I convert them back without paying the commission for the exchange again?

[paycent]

What types of cards are available for release? Are they all serviced at the same price?

As of right now, there's no exact date on when the cards will be released. But it is in the process. You may check the details for each card here: https://paycent.com/paycent-debit-card/

[sinfazat22ron]

Is there a contactless payment option in your app?

Yes, the app itself has many features and one of these is bills payments.

So will your app support Apple Pay?

We have Bills Payment incorporated already in the app, Paycent proprietary.

Could you please tell us a bit more about this platform?

[paycent]

Good afternoon. As far as I know, have you already concluded an agreement concerning issue of  MasterCard cards? Do you conduct parallel negotiations on the issue of VISA?

Yes that is correct.

[paycent]

Is there a contactless payment option in your app?

Yes, the app itself has many features and one of these is bills payments.

So will your app support Apple Pay?

We have Bills Payment incorporated already in the app, Paycent proprietary.

Could you please tell us a bit more about this platform?

Please check our website and whitepaper, under Product Features: https://paycent.com

[paycent]

Do you plan to implement an updated list of exchange rates in your app?

Yes, when everything is already finalized.

[paycent]

Will I be able to cancel the exchange operation during a certain period of time?

Since Paycent is a dual ewallet, you have the option as to when you want to do the Exchange.

What about the cases when I mistakenly exchanged more means than I expected?

Conversion is in realtime. if it went through successfully, I believe it would be difficult unless you convert them again back.

And can I convert them back without paying the commission for the exchange again?

There is a minimal fee for every transaction.

[Immer]

Can I register payment cards for my relatives who are abroad?

They have to download and register the app on their own phones as well.

Alas, but some of them don’t have sufficient knowledge of computer technologies in order to do this. So does it mean that there’s no such an opportunity?

[californybit]

Will not the avilabiity of Singapore's license to carry out aaycentos activities hinder the whole process of the service in Europe?lP

We will get country-specific licenses including Europe's so there should be no issue.

Isn’t it easier to buy a single license that meets all European standards?

Of course, for Europe yes, I believe there is one collective license. But for Asia it is country specific.

Does it mean that you acquire only a license for the member countries of the European Union, ignoring Ukraine or Belarus?

[slavonicpl]

In which countries have you already succeed in receiving bank licenses?

In Singapore, for Philippines and UAE under going, and acquiring licenses and expansion to 5 countries – Vietnam, Pakistan, Myanmar, Bangladesh and Nepal in Q2 2018.

What about Japan? A local license allows trading crypto-currencies on exchanges.

[energycrypt]

Good afternoon. If I will regularly transfer money abroad, will it be possible to reduce commission for transaction?

it will be on a per transaction basis at the moment. We'll see if that us possible in the future upgrades.

Does it mean that the fee is fixed for any amount of money?

[kentuckykid]

Are you planning to pay for advertising on central channels in Asia?

Yes, that is necessary.

But in fact it is necessary to create a video for each country and that will take a significant share of the funds allocated to marketing, won’t it?

[paycent]

Can I register payment cards for my relatives who are abroad?

They have to download and register the app on their own phones as well.

Alas, but some of them don’t have sufficient knowledge of computer technologies in order to do this. So does it mean that there’s no such an opportunity?

They could receive an SMS with reference # for notification that they received a fund transfer which they can cash out in merchant or partner stores or kiosks.

[paycent]

Are you planning to pay for advertising on central channels in Asia?

Yes, that is necessary.

But in fact it is necessary to create a video for each country and that will take a significant share of the funds allocated to marketing, won’t it?

That is why it is a big part of the budget, please see page 10 of the whitepaper: https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=7.6

[paycent]

Good afternoon. If I will regularly transfer money abroad, will it be possible to reduce commission for transaction?

it will be on a per transaction basis at the moment. We'll see if that us possible in the future upgrades.

Does it mean that the fee is fixed for any amount of money?

For ATM withdrawals, yes plus the ATM withdrawal fee.

[paycent]

In which countries have you already succeed in receiving bank licenses?

In Singapore, for Philippines and UAE under going, and acquiring licenses and expansion to 5 countries – Vietnam, Pakistan, Myanmar, Bangladesh and Nepal in Q2 2018.

What about Japan? A local license allows trading crypto-currencies on exchanges.

Yes on the succeeding Phases.

[paycent]

Will not the avilabiity of Singapore's license to carry out aaycentos activities hinder the whole process of the service in Europe?lP

We will get country-specific licenses including Europe's so there should be no issue.

Isn’t it easier to buy a single license that meets all European standards?

Of course, for Europe yes, I believe there is one collective license. But for Asia it is country specific.

Does it mean that you acquire only a license for the member countries of the European Union, ignoring Ukraine or Belarus?

Initially, but they are part on the expansion in Europe region.

[spacegt]

Good afternoon. I’ve heard that you are going to unite with several Filipino banks. What benefit will it bring to those who buy tokens?