Categories: Cryptocurrency News

Singapore-based mobile wallet, Paycent adds support for Ripple (XRP)

Singapore-based hybrid mobile wallet and financial services company, Paycent has been making news for its extensive services on their wallet. They have their own native digital asset, Paycent (PYN). Furthermore, just this week, their native digital asset token hit a market cap of $3.40 million. Certainly, the next step was to integrate support for other renowned cryptocurrencies to make the platform interoperable.

About the Announcement

The financial services company made the announcement of integrating Ripple into their platform with their official Twitter handle. They tweeted: “Paycent will make Ripple #XRP live on the app by the first week of November 2018! Cash out directly to USD or any local currency using #PaycentCard. Order the card now!”

The financial services company specializes in providing crypto fiat cards to users and customers all over the globe. They let their users and customers store both fiat and cryptocurrency or digital asset token in their account. Furthermore, this lets users make cashless frictionless seamless cross-border overseas international payments globally.

The mobile wallet company lets users exchange their digital assets and cryptocurrencies to fiat currencies. This lets users withdraw the money from any of the available Automatic Teller Machine (ATM) across any country. Furthermore, they also maintain a safe, secure, transparent and real-time accessible system which is compliant to any local laws.

To attract customers, they also have started several programs which provide assured cash backs, bonuses, and rewards to the user. Moreover, the company also operates a loyalty program to maintain a loyal user base. The loyalty program has been dubbed as the PYN Loyalty Reward program.

Their native cryptocurrencies is available for exchange on several cryptocurrency and digital asset trading platforms. Some of these include CoinExchange.io, IDEX, Token.Store, MercatoX, SIMEX and YoBit.net.

Paycent’s mobile wallet lets users store both fiat and cryptocurrencies. Some of the supported digital assets on their wallet are: Bitcoin (BTC), Ethereum (ETH), Dash (DASH), Binance Coin (BNB), Litecoin (LTC), Cryptoharbor and Paycent (PYN).

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