Pay Protocol (PAY)The world’s most viable end-to-end crypto payment platform
ABOUTPay Protocol is a simple and convenient cryptocurrency payment platform for both e-commerce and retail use. It is a cryptocurrency project supported by Danal, a payment company based in South Korea. By combining Danal's 20 years of experience in payments with blockchain technology, Pay Protocol aims to mitigate the pain points of traditional payment systems, mainly excessive intermediary processes and high fees caused by them and slow payment schedules.
SOCIALhttps://payprotocol.iohttps://www.facebook.com/payprotocolhttps://twitter.com/@payprotocolhttps://www.reddit.com/r/payprotocolhttps://t.me/payprotocolPARTNERShttps://danalinc.comhttp://www.dalkomm.com/englishhttp://www.newmargin.com/site/aboutus_en.asphttps://gifto.iohttp://www.threepro.com
VALUESCustomer FriendlyOnline and Offline Multi-Currency Payments
Token Rewards for Transaction Participation
Familiar Payment Experience Integrated with Cryptocurrency
Cryptocurrency-Enabled Cheaper Payments Options
Merchant IntegrationConvenient Payment Integration
Low Fees and Real-Time Settlement
Promotion through Merchant Tools (Discount, Installment, Coupon, etc)
Multi-Cryptocurrency Settlement for Merchants (Fiat or Crypto)
Payment EcosystemNew Tokens Generated and Distributed
Real-Time Exchange of Cryptocurrencies
Ecosystem Populated by Third Party Service Providers
Partnerships with Danal's Pre-Existing Network
FEATURES AccessiblePayProtocol aims towards bridging the gap between users and merchants through blockchain technology. Which is why we provide an easy integration tool fit for both retail and e-commerce settings.
Pay Protocol provides API and SDK for e-commerce integration, development API for retail Point of Sale (POS) device, and smartphone POS apps for merchants that cannot install POS systems. This allows us to connect all payment channels via a single solution.
Multi-CryptocurrencyPay Protocol allows users and merchants to choose the currency when trading. Pay Protocol supports a broad range of cryptocurrencies, including BTC, ETH, and stable coins, and fiat money as well. Users and merchants are then free to use whichever currency they want when they make and receive payments.
Additionally, Pay Protocol has an integrated native token PAY. Validators are chosen based on the Pay Token Holder's votes. Pay Tokens contribute to the Promotion Pool that incentivizes trading. A portion of the Pay Tokens are credited to the Customer Payback Pool. Staked Pay Tokens also enable faster settlements.
Merchant FriendlyPay Protocol has obtained over 20 years of payments knowledge and merchant relationships from Danal, and has the ability to provide an effective management system based on the transaction data.
Pay Protocol provides an integrated merchant management system that allows merchants to manage their transactions, apply promotions, and specify other payment-related policies. Using this system, merchants can manage their information and data for each channel under a single window, select promotions including discounts and coupons, and manage other transaction policies.
PRESENTED BY DANAL$5 Billion Market Share in South Korea’s Mobile Payments
100K+ Online & Offline Partners & Merchants
Danal, Inc. is a provider of mobile business solutions, enabling mobile payments, mobile commerce, marketing, and mobile wallet services. Danal's platform offers financial institutions and major retailers groundbreaking mobile transaction risk management services, and streamlined, customer conversion solutions that lower customer abandon rates during registration and checkout.
Danal’s Key Clients
https://www.naver.comhttps://www.7-eleven.comhttp://www.coupang.comhttps://www.smilegate.com/en/main/main.asphttps://www.emart24.co.kr/index.asphttps://www.nexon.com/Home/Game.aspxhttp://global.gmarket.co.kr/Home/Main?sL=MWhttps://www.kakaocorp.com/?lang=enhttps://www.kfc.comhttps://www.skplanet.com/enghttps://www.blizzard.com/en-us
ROADMAP2018 Q3PoC for Online / Offline payment
Testnet Launch
2018 Q4Mainnet Launch
2019 Q1Online / Offline Payment Service Open (Korea)
2019 Q2Online Payment Service Open (Asia)
2019 Q3Online Payment Service Open (US)
Offline Payment Service Open (Asia)
ADVISORSAndy TianCEO of Asia Innovations and Head of Gifto Project
CEO and co-founder of Asia Innovations Group (AIG), a leading mobile social entertainment group in Asia
Through AIG, aims to bring China's advanced mobile social products and business models to the global market
https://www.linkedin.com/in/andytianDr. Jin Ho HurSEMA Translink Investment
Turned venture capitalist with 20+ years of start-up experience in Korea
Joined SEMA Translink Investment in 2014 as managing director and partner
https://www.linkedin.com/in/hurjinhoDr. Joon Yong Choi
New Margin Capital Partner
Representative of New Margin Capital Korea and Partner of New Margin, a well-known blockchain VC in China
Seoul National University B.A.
Beijing University of China MBA Master's Degree
Chinese Academy of Social Sciences Ph.D. in Economics
Operating Korea-China Synergy Fund worth $100 million
Co-author of Korea's Economic Outlook and Future Industry Strategy Report with Professor Keun Lee of Seoul National University
BOARDAnthony Cho
CEO
Experience operating businesses with mobile operators and payment partners in China
Obtained the license required to service WeChat in South Korea
Advanced skills for businesses in China
http://linkedin.com/in/jinkon-cho-358b6016aEddy RyuCTO
Developed South Korea's first carrier billing
Enhanced the overall quality of carrier billing by simplifying APIs and development process
Successfully maintained a payment system that was free from critical errors for 20 years
John LeeCOO
Marketing, PR, and policy development
Polished simplified payment systems with K-Bank
https://www.linkedin.com/in/%EB%8F%99%EC%B6%98-%EC%9D%B4-4111a154Neo JinCFO
Structuralized asset liquidation in the payments industry, first among payment gateways
Won against taxation lawsuit
15 years of experience in accounting, finance, and tax
https://www.linkedin.com/in/%EC%A7%84%EC%B0%BD%EC%9A%A9-%EB%8B%A4%EB%82%A0-%EC%A7%84%EC%B0%BD%EC%9A%A9%EC%8B%A4%EC%9E%A5%EB%8B%98-861bba11aDavid LeeCSO
Experience in starting new services and investing in start-ups
Worked closely with global companies to help accelerate their projects targeting South Korea
http://www.linkedin.com/in/jongmyun-lee-6a7a05116Young Il KimCMO
Previously worked at various banks in China
Operated numerous payment projects including mobile remittance and cross-border payment platforms
https://www.linkedin.com/in/young-il-kim-3ba1aa137TEAMJung Wook ShinTechnical Director
Operates the mobile carrier billing system
Designed Danal’s billing service RMS and FDS
Designed user tier model in carrier billing
https://www.linkedin.com/in/%EC%A0%95%EC%9A%B1-%EC%8B%A0-40803616bSang Hyun KimTechnical Director
Seoul National University B.S.
Payments process designer
Participated in various new development projects and operates system construction
https://www.linkedin.com/in/sanghyun-kim-13813316bMeans KimLawyer
Passed the judicial examination in 2011 and completed the Judicial Research and Training Institute in 2014
Currently serving as Chief Legal Officer at Danal
https://www.linkedin.com/in/%EB%AF%BC%EC%88%98-%EA%B9%80-2b961216bJae Hoon KimMarketing Manager
Highly experienced in user verification services
Led diverse marketing projects in payments and e-commerce
https://www.linkedin.com/in/%EC%9E%AC%ED%9B%88-%EA%B9%80-47a00b16bJulie HahnMarketing Manager
Manages the overall operation of international payments and merchant onboarding
Operates projects with various partners and merchants and assists with marketing heavily focused on overseas
https://www.linkedin.com/in/julie-hahn-69bb21133
