PayVX Review
What is PayVX?
PayVX Is The Most Simple, Fastest, And Safest Payment Technology In The World. Escrow-Currency Escrow Service Provided Builds a Safe Bridge And Creates A Trust Relationship Between Both Parties For Online Business Transactions.
Because Crypto-Currency Transactions Can not Be Changed, Dealing With Untrustworthy Parties Is A Serious Risk Level For Buyers And Sellers. PayVX Effectively Secures This Process, Ensures Trust And Trust To Process The Operation.
Why PayVX?
The Most Simple, Fastest, And Safest Payment Technology In The World
coin_hunt_icon SAFE
At payVX, our goal is to ensure the safest and most efficient payment service available through the use of our escrow payment network.
Coin_hunt_icon RELIABILITY
At PayVX, our cutting-edge blockchain network will ensure safe and efficient transactions at perfect speed.
Coin_hunt_icon CONTROL
PayVX users will have full control and transparency of their transactions using our escrow payment system.
Coin_hunt_icon IDENTITY OF ELIMINATION IDEASY
PayVX leverages the latest theft and identity theft and prevention techniques to ensure the security of our users with every transaction.
Roadmap
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Escrow
An escrow is a financial arrangement where a third party holds and regulates payment of
the funds required for two parties involved in a given transaction. It helps make
transactions more secure by keeping the payment in a secure escrow account which is only
released when all of the terms of an agreement are met as overseen by the escrow company.
Escrows are very useful in the case of a transaction where a large amount money is involved
and a certain number of obligations need to be fulfilled before a payment is released like in
the case of a website being built where the buyer might want confirmation of the quality of
work being done before making a full payment, and the seller doesn’t want to extend a
massive amount of work without any assurance that he or she will receive payment. While
traditional escrow service is quite difficult and must be obtained through banks and
lawyers, PayVX provides online escrow services at affordable rates.
While the payment is 'In Escrow' the transaction can be safely carried out without risk of
losing money or merchandise due to fraud. This eliminates all legal jargon and allows for
secure transactions and confident buyers and sellers.
How does Escrow Work?
PayVX reduces the risk of fraud by acting as a trusted third-party that collects, holds and
only disburses funds when both Buyers and Sellers are satisfied.
Buyer and Seller agree to terms - Either the Buyer or Seller begins a transaction. After
registering at PayVX, all parties agree to the terms of the transaction.
Buyer pays PayVX (escrow) - The Buyer submits a payment by approved payment
method to our secure Escrow Account, Escrow.com verifies the payment, the Seller is
notified that funds have been secured 'In Escrow'.
Seller ships/deliver merchandise or service (website for example) to Buyer - Upon
payment verification, the Seller is authorized to send the merchandise or service and
submit tracking information. PayVX verifies that the Buyer receives the merchandise.
Buyer accepts merchandise - The Buyer has a set number of days to inspect the
merchandise or service and the option to accept or reject it. The Buyer accepts the
merchandise or service.
PayVX (escrow) pays the Seller - PayVX releases funds to the Seller from the Escrow
Account.
PayVX Tokens
(Ethereum ERC-20 token standard)
The key element of the PayVX platform is PVX - the asset based on ERe20 standard. The
tokens are available for purchase through the personal account when the user registers on
the platform by means of the internal account («wallet») of the platform.
Create nodes of trust in the platform.
Ensure the right to decide as well as to receive profit of every successful trade.
PayVX Fee Structure
PayVX offers a secure form of payment which protects interests of all the parties involved.
Once a fee is agreed upon by a client and a freelancer, additional 1.3% platform fee is
deposited by the client in our escrow system. The fee is released on successful completion
of the project and 1.3% is held by the platform. In case of a dispute, the dispute is referred
to the Members Tribunal.
Token Distribution
The total amount of tokens is 100,000,000! Tokens will be transferred to the contributors
after ICO campaign.
Pre-ICO 250,000,000
ICO 550,000,000
Reserved for PayVX team* 100,000,000
Bounty Program 40,000,000
Bonuses 60,000,000
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