Selfpay

Selfpay is a new cryptocurrency venture and launching via an Initial Coin Offering (ICO). Selfpay and most cryptocurrency start-ups raise capital through an initial coin offering, or I.C.O., a type of fund-raising campaign in which investors buy receive virtual “tokens” using Bitcoin, Ethereum or another cryptocurrency. Selfpay and other cryptocurrency start-ups are generally unregulated, used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists. Why buy Selfpay? In Selfpay ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project which potentially reaping massive rewards.

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SelfpayToken/Coin ID: SXP
Platform: Ethereum
Accepting: ETH
Business Category: Business services, Cryptocurrency, Banking, Investment
Launch Date: 2017-10-03
Website: https://ico.selfpay.asia/

Selfpay Related Links: Selfpay Facebook | Selfpay Twitter | Selfpay Whitepaper

Selfpay Market Cap

Bridging the gap between traditional payments and cryptocurrency

About Selfpay

Taking the opportunity that, in Asia, the transaction fees are very high and always added on top of the final price, instead of proposing loyalty point to customers that are mostly tourists and will unlikely return, we are sharing those transaction fees with the seller and our ICO backers!

An Existing product
Our product already exists (released in 2016) and is ready to be marketed and spread across South East Asia. We have a clear roadmap to ensure a product market fit at each step (offline seller to online merchants)

A mature team
Our team is balanced, including senior people that are able to manage the growth, but also young talented members to keep the steam going

Applying existing technology
We are building on top of other existing technologies such as using payment aggregators instead of setting up our own payment gateway which is time consuming. We`re leveraging the Ethereum blockchain technology to bring cryptocurrency transaction to small and medium businesses.

The right place
We are targeting South East Asia first – as an Asian based team and company, we know that our product is answering the local payment needs. Typically SelfPay enables the critical step of entering credit card information, to be performed on the buyer`s device, helping to build up the trust that is needed in transactions in Asia.

A unique approach

Business to business (B2B)
Meanwhile most of the projects are targeting Business to Consumer, we are also targeting Business to Business. We want to smooth up the financial transactions between Distributors, Retailers & Wholesalers, using the lower fees proposed by cryptocurrencies but also be able to help by providing credit facilities, powered by other decentralized technologies

Cross-border across S.E.A
Business to Business cross-border payments in Asia happen everyday and leave much to be desired: High fees, not working during week-ends, high local banks fees, etc… It is slowing down the entire ecosystem in Southeast Asia

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