- Paycio launches a crypto payment app for transactions via mobile numbers and offline.
- Offers cryptocurrency exchanges, swapping, and a digital wallet, rewarding transactions and referrals.
- Utilizes Unified Crypto Payment Interface (UCPI) for global, cross-chain transactions without internet necessity.
Paycio, a provider of cryptocurrency payment services, has unveiled a new app designed for crypto payments, enabling transactions through mobile numbers. The app encompasses features such as cryptocurrency exchanges, swapping, and a digital wallet.
According to a statement from the company, Paycio’s functionalities allow for everyday transactions using cryptocurrency.
The firm further mentioned that with the appropriate platform, transferring cryptocurrency from one’s phone could become as straightforward as executing a bank transfer.
Paycio leverages the Unified Crypto Payment Interface (UCPI), enabling global users to send and receive cryptocurrency across different chains and wallets without limitations.
A distinctive aspect of Paycio is its capability to conduct transactions offline, without the need for an internet connection.
This feature is available for both deposits and withdrawals of cryptocurrency, subject to transaction limits. Paycio positions itself as a platform focused on the user, promoting the adoption and utility of cryptocurrency through safe peer-to-peer (P2P) trading, while strictly complying with Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, according to Paycio.
“With mobile number-based transactions and offline payment functionality, Paycio meets the growing demand for user-friendly and accessible crypto solutions.”
S Sunil Kumar Singh, Paycio, Founder
Moreover, Paycio rewards its users for every transaction they make and for each referral, enhancing the incentive for user engagement and network growth.
