Paycio First-of-its-kind Crypto Payments App - Launched, Allowing Users to Transact via Mobile Numbers - Hindustan Times

Paycio First-of-its-kind Crypto Payments App - Launched, Allowing Users to Transact via Mobile Numbers

Updated on Mar 05, 2024 07:21 PM IST

Paycio uses Unified Crypto Payment Interface, which allows users to send and receive crypto globally irrespective.

Paycio Enables Send & Receive Crypto Instantly with Just a Phone Number, Online or Offline, Earn Rewards on Every Transaction
Paycio Enables Send & Receive Crypto Instantly with Just a Phone Number, Online or Offline, Earn Rewards on Every Transaction
ByHT Brand Studio

Dubai, UAE– February 21, 2024 – Paycio, a UAE-licensed crypto payment services provider, aims to make everyday life easier using cryptocurrency and a unique crypto transaction application for users, merchants, and crypto enthusiasts to complete the transactions through Mobile number. Paycio offers many services like Crypto transactions, swapping, and wallet on the site. Crypto is slowly but surely becoming a part of people’s daily lives. Users can utilise crypto for daily transactions with Paycio's features. Sending crypto from your phone may be as simple as a bank transfer with the correct platform.

Paycio uses Unified Crypto Payment Interface (UCPI), which allows users to send and receive crypto globally irrespective of any cross-chain or any current wallets we used. On top of advanced features are sending more than 100+ cryptocurrencies instantly using just your mobile number. A unique feature of Paycio is that it works in offline transactions even when there is no internet connection this functionality applies to both deposits and withdrawals of crypto assets with transaction limits. This user-centric platform fosters crypto adoption and utility through secure P2P trading while adhering to strict KYC and AML regulations. Additionally, users get rewards through every transaction and referral. Even in Offline, QR code bridges merchants’ business transactions and enables customers to scan and pay with their smartphones using Paycio's innovative platform.

Dr.S.Sunil Kumar Singh, Founder of Paycio, states, “With our innovative mobile number-based transactions and offline payment functionality, Paycio meets the growing demand for user-friendly and accessible crypto solutions. Our robust security measures and attractive reward programs ensure a safe and rewarding user experience.."

Key highlights of the Paycio include:

Ø Seamless Mobile Transactions: Sending and receiving more than 100+ cryptocurrencies by mobile number makes transactions easier and more accessible than before.

Ø Instant Transaction Confirmation: There will be no more waiting days for confirmation. Paycio lets you know your transaction went through instantly.

Ø Offline Crypto Transactions: Paycio even works offline, which is perfect for sending crypto to allow for perfect transactions even without an internet connection.

Ø Address Validation: Paycio uses address validation and top-notch security to keep your crypto safe from unauthorized access.

Ø Robust Security Measures: Paycio protects users' assets using advanced technology encryption and authentication to prevent from hackers and Prying Eyes

Ø You earn, they earn. Everyone will receive rewards: Paycio offers rewards for both users and merchants, as well as for everyone - for transactions, purchases, and referrals - to boost participation and engagement.

Ø Alternate Fees: Paycio's Alternate Fees allow users to pay gas fees instantly using their supported currencies if their gas fees balance is insufficient, which ensures seamless transaction completion.

Bridging Fiat and Cryptocurrencies for Users and Merchants

Paycio is readily available for users across 100+ countries, and we plan to evolve in the remaining countries, which are under processing. For more details, visit our link. We at Payicio, invite all to participate in our influencer contest. We accommodate different fiat currencies such as USD. In contrast to banks and governments, Paycio uses crypto assets, which are authorised and borderless. Top brands in travel, gaming, entertainment, and e-commerce work with Paycio to extend their client base and expand Paycio's reach through user onboarding.

“At Paycio, we believe everyone should be able to access cryptocurrencies, anywhere and anytime in a simple and secure way. Our partnerships with many top brands are a great inflection point of secure and easy crypto access for the multitudes,” said Bibin Babu, Co-Founder of Paycio.

As a wide-ranging cryptocurrency payment service, Paycio is available for both merchants and individuals, offering all the necessary tools and resources required to begin. With its user-friendly trading platform, a wide collection of cryptocurrencies, and extensive support, Paycio presents itself as an excellent choice for both beginners and seasoned experts in the field.

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Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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