A NEW
PARADIGM
IN THE
PAYMENT SYSTEM

The world’s most viable
end-to-end crypto payment platform

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  • ABOUT

    PAYPROTOCOL

  • PayProtocol 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, PayProtocol aims to mitigate the pain points of traditional payment systems, mainly excessive intermediary processes and high fees caused by them and slow payment schedules.

    BASED ON HYPER LEDGER FABRIC PRIVATE BLOCKCHAIN SYSTEM-

    PayProtocol has been developed on Hyperledger Fabric(HLF). Unlike general blockchain where unspecified people participate in data processing, HLF is a private blockchain where only authorized node can join the network. It ensure fast transaction and excellent privacy which makes it best suited for payment services.

OUR STRATEGY

  • REDUCES FEES AND SETTLEMENT CYCLE

    Reduce unnecessary verification costs by simplifying the process with blockchain. Minimize the cost for service providers and secure partnership with merchants.

  • SUPPORTS VARIOUS PAYMENT ENVIRONMENT

    Increase user convenience by supporting various virtual assets such as Bitcoin, Ethereum, and enhancing user experience for Paycoin(PCI) users.

  • VARIOUS FINANCIAL SERVICES FOR VA

    Establish virtual asset payment network based on Paycoin and provides other financial services such as loan, remittance, custody and more.

  • MAXIMIZE USER BENEFITS

    Drive user adoption and retain active users within the platform through giving out user rewards based on the payment history.

  • SUPPORTS OVERSEAS PAYMENT SOLUTION

    Expand business operation through providing infra-free payment solution to underdeveloped countries where access to financial infrastructures are limited.

  • ACCESSIBLE

    PayProtocol 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. PayProtocol 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-CRYPTO CURRENCY

    PayProtocol allows users and merchants to choose the currency when trading. PayProtocol 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, PayProtocol 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 FRIENDLY

    PayProtocol 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. PayProtocol 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.

OUR SERVICE PAYCOIN

When You Buy pizza
When You Buy coffee
And even in convenient store

VIRTUAL ASSET PAYMENT SERVICE, PAYCOIN

HAVE A PAYCOIN DAY!

  • Partnered Merchants

    130,000+

  • Registered Users

    3,000,000+

  • MAU

    700,000+

MAJOR MERCHANTS

Core Members

Management & Technical
  • Jung Wook Shin
    Chief Executive Officer
    2024 - PresentPayProtocol AG CEO
    2022 - 2024 PayProtocol AG CTO
    2020 ~ 2022 FlexPay CTO
    2002 ~ 2020 Danal Data Research Director
  • Su Jin Lim
    Chief Technology Officer
    2022 ~ PresentPayProtocol AG Director (CTO)
    2020 ~ 2022Flexpay R&D Team Leader
    2005 ~ 2020Danal Development and Platform Research Team Leader
Business Development
  • Kyung Pyo Hong
    Director
    2021 ~ Present PayProtocol AG Director
    2016 ~ 2021 Paradise Sega Sammy Marketing Dept. Senior Manager
    2008 ~ 2016 Hyundaicard Brand Marketing Dept. Associate Manager
  • Hyo Sup Kim
    General Manager
    2022 ~ Present PayProtocol AG General Manager
    2019 ~ 2022 Hana Institute of Finance Researcher

CRYPTO EXCHANGE PARTNERS

Please contact us for any inquiries related to service and wallet operation.

Contact us: help@payprotocol.io
Address: Bahnhofstrasse 21 6300 Zug
Operating Address: Seeburgstrasse 18 6006 Luzern

Copyright ⓒ 2021 PayProtocol AG All Rights Reserved.