PayMiCash provides a fast, secure, cost-effective, and simple to use payments platform. It allows you to make daily transactions, save, invest, lend and transfer remittances globally using any mobile device connected to the Internet leveraging blockchain technology
With PayMiCash, customers will be able to beam cash locally instantly, send and receive money from abroad cheaply, pay for phone credit, shopping and bills conveniently with a few clicks via your smartphone or email.
They will download and install an app (e-wallet) on their phone or PC, connect their bank account to it. Thereafter they will be able to purchase the Paymi coins in fiat denominations.
Once in their wallet they simply beam it over to a recipient quickly once the charges are taken with as little as the recipients, phone number or email address – so no banking details required.
To adhere to Anti-money laundering and KYC practices, the sender and recipient will need to be verified to use the App. The p