common problem that paygine solve!
According to a study conducted at the University of Cambridge¹, the biggest challenge
preventing the majority of companies from providing payment services based on
cryptocurrency, is the establishment and maintenance of contractual relations with
banks and money transfer operators. Companies who provide such services say that
their main barrier is the high costs of ensuring compliance with regulatory requirements.
Taking into account the complexity of the regulatory requirements for cryptocurrencies
and the high rate at which they change, the task of maintaining and demonstrating
compliance with these requirements is complex and very costly
The solution to the problem is to build a new open financial platform which is based
on our own banks located in jurisdictions favorable to conducting transactions in
cryptocurrencies and own organizations holding U.S. money transmitter licenses. Label
services provided by the platform will allow businesses to develop their own products
under their own brands with no additional legal costs