THE PAYBASE UPDATE:
If you have already been using Paybase, the platform for Paycoin, then you know that until now, BTC (Bitcoin) has been the only purchase method for buying Paycoin. Now, Paybase has been updated to include credit card options for payment to buy Paycoin.
In case you are not familiar with the Paybase platform here is a quick guide:
AN EASY GUIDE TO THE PAYBASE PLATFORM
Buying Paycoin is just one great feature of Paybase. When you have a Paybase account, whether you are a business
or an individual, you have many options. Paybase functions as an online wallet and a banking platform to perform
all your banking needs. Paybase is still in beta mode buy right now you can buy and sell Paycoin, make deposits
into your wallet, sign up for a merchant account, and connect with user support staff. Many future developments
to be added to Paybase are in the works.
NEW PAYBASE ACCOUNTS
If you do not already have a Paybase account, signing up is super fast and easy. Just use your name, email, and
phone number (to verify your account).
LOGGING INTO PAYBASE
For logging in securely, you have two options: You will want to either download an authentification app provided
by Google or Authy or expect Paybase to send a security code to your phone each time you want to log in.
THE PAYBASE DASHBOARD OPTIONS
When you are logged in, the user dashboard has many options. Listed on the left hand side are:
- Debit Card
- Bill Pay
Steps to Buy Paycoin:
1. SIGN UP WITH PAYBASE
This will give you a secure place to store your Paycoins, and allow you to use them in many ways. It also gives you an opportunity to convert your local currency into or out of Paycoin.
2. CONNECT YOUR BANK ACCOUNT
After you sign up, the best way to purchase Paycoins is using your bank account. Complete the verification steps
and then you can start a purchase. Alternatively, you can send bitcoins to your account and they will convert to Paycoin.
3. BUY AND SELL PAYCOIN
Enter the amount of Paycoins you’d like to purchase.You will see the current exchange rate of Paycoin before you buy.
When you want to sell Paycoin, te payment methods you can choose from is BTC or you credit card. You simply
enter the amount (XPY), and the Bitcoin wallet address to send it to. This feature will be expanded to include
more types of wallet addresses, such as a Paycoin wallet address.
THE PAYCOIN DEBIT CARD
The support section provides a knowledge base for customer’s support questions. Within this section of the dashboard you can submit your questions using a support ticket.
OTHER FEATURES OF THE PAYBASE INTERFACE
If you want to make a deposit from Paybase to your Paycoin wallet address, just click on the drop down tab on the upper right corner of Paybase and select “deposit”. Once you select the deposit option, the Paycoin wallet address pops up for you. You now use this wallet address (copy and paste), to send the Paycoin to your wallet.
PAYBASE MERCHANT ACCOUNTS
Merchants can sign up for a Paybase merchant account to start using Paybase and Paycoin in their business. The
biggest benefit for merchants is the 0% transaction fees. That means that merchants that use Paybase as a payment processor for transactions save all those transaction fees that are up to 10%.
OTHER MERCHANT BENEFITS:
- Convert to USD.
- Reduce fraud and chargebacks.
- Grow your customer base.
- Keep up to date in financial transactions.
THE PAYBASE BLOG
Newly launched, the official Paybase blog can be accessed right from the Paybase site. The Paybase blog will provide the latest on industry news and Paybase developments, schedules, and updates.
As you can see, the Paybase platform has many great features and there are lots more to come. Merchants and individuals can benefit from using a Paybase account. Transaction fees are costly not only to merchants but the consumers pay for them out of their pockets. Start saving money and end these heavy transaction costs that is the standard with credit cards. Paybase is the solution.