Paycoin brings crypto payments to Korea | Fintech time

Payment, a crypto payment company that has successfully introduced crypto payment services to more than three million users and 150,000 merchants in Korea. This launched its expansion into the global crypto payments market through a partnership with Triple-A.

Payprotocol AGthe issuer of Paycoin (PCI) has announced a partnership (Protocol of agreement) with Triple-A. TripleA is a licensed crypto payment company, to collaborate in building a global crypto payment ecosystem.

This partnership will begin by enabling all Payment users to pay with PCI to TripleA merchants. Payprotocol AG and TripleA will work closely with government agencies and global financial regulators to ensure full compliance with AML regulations.

TripleA, created in 2017, is a crypto payment company that enables businesses to pay and get paid in digital currencies, without volatility. TripleA’s client list includes Razerand Charles and Keith.

Paycoin has expanded to Singapore as its first global market due to the strong crypto regulatory frameworks available in Singapore. Indeed, Singapore is one of the few countries that has detailed regulations in place regarding crypto-based businesses. As a full license holder digital payment a token service provider in Singapore, TripleA’s partnership will enable Payment to build a payment system for use globally, as it did for the Korean market.

“Paycoin was founded as a provider of payment solutions, Danal, goals include creating a global payment network. Through this partnership, we will continue to maximize the benefits of blockchain technology, and build a global payment network around Paycoin. In addition, we will also create a regulated and licensed environment in which our partners can operate. This ensures that we will not be used as a vehicle for illicit activities. These include activities such as money laundering,” the CEO of PayProtocol said. Ryu said.

“TripleA is pleased to partner with Paycoin as a global payments provider.” Eric barber, CEO of TripleA shared. “This is a mutually beneficial partnership that will connect PayProtocol to merchants around the world. It will also give TripleA an accurate insight into the Korean market.

  • Francis Bignel

    Francis is a journalist and our senior LatAm correspondent, with a BA in Classical Civilization, he has a specialized interest in North and South America.

#Paycoin #brings #crypto #payments #Korea #Fintech #time #Crypto

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