PayPortal - Payments and Money transfers

About PayPortal

The Payportal platform is Global payment service platforms in Indian like banks, mobile operators, digital TV operators, and companies with a WALLET. A wallet number is linked to a mobile number of the owner.

The Payportal establishes relations between service providers and their customers by processing on-line recharges, bill payments and domestic money transfers in the most secure and convenient way through a Payportal wallet.

The platform is utilizing the advantages of personal computers and smart phones. Customers and Retailers can access wallet services at the secure web page through the standard web browsers https://mob.payportal.in or benefit IOS and Android applications available at App Store and Google Play.

The purpose of the project is provide a solution to Customers: regular visits from different offices for taxes, cash, expensive and risky cross-border transfers, live in queuing banks, extensive logistics geography, non- Professional service and support services, etc.

Why Blockchain

The use of blockchain technologies is one of the most important tasks for the further successful development of the platform.

Server decentralization will keep wallets data safe in case of hardware failure or hackers attack.
Implementing a cross-border money transfers service between Indian migrants living abroad and their families in the home country. As the Payportal has advanced experience in domestic money transfers, we plan to realize this part of the project based on the own blockchain and cryptocurrency PPTL Coin. PPTL coins will be accepted as a means of payment and will be convertible into Indian rupees for the final leg of the transaction.
All fees will be applicable in PPTL coins:

Monthly subscription to Payportal services (Bharat Bill Payment system, Aadhaar Enabled Payment System) for retailers and distributors.
New retailer creation.
Retailer shifts to another distributor.
Emergency cash collection service that can be ordered by a retailer.
Distributor lending facilities.

Distributors will play the major role in PPTL coin transfers. Distributors buy tokens in the OTC market or crypto exchanges and make a smart contract transfer to the Company wallet. The transaction contains the value and Payportal wallet number of a receiver. Automatically PPTL value will be credited to a wallet owner who continues to use Payportal financial services. Upon expiration of the PPTL coins on a Payportal wallet, the services will be postponed.

Benefits to holding PPTL tokens

Potential Appreciation in Value The potential for increased profit over time and growing demand from retailers and distributors as a result of the redemption of loyalty bonuses, fees, cross-border money transfers provides the basis for potential value appreciation over time. Provision of additional services based on the PPTL coins to retailers and online wallet users will increase its total demand. Transfers We expect that PPTL coins will be exchangeable for fiat currencies and other cryptocurrencies.

Token And Ico Information

Token Name: PPTL Token (PPTL)
Platform: Ethereum
Token Type: ERC20
Total supply: 20,000,000 PPTL
For sale: 14,500,000 PPTL
1 Token = 0,002 ETH
Softcap: 3000 ETH
Hardcap: 24 000 ETH

After burning unsold tokens, the Payportal will issue its own cryptocurrency called PPTL coin (PPTL) in the equivalent of existing Payportal Tokens at the end of the ICO. Payportal Token holders will be able to exchange Payportal Tokens for PPTL coins at the rate: 1 Payportal Token = 1 PPTL coin. PPTL coins, later, will be listed on several stock exchanges.