In the highly lucrative business of money transfers, global leader Western Union does not appear to be overly concerned about blockchain-based cryptocurrency money movement competitors. Upstarts in the crypto money transfer space advertise lower money transfer fees using bitcoin, but Western Union counters that the ease of use and ubiquity of their existing systems, and lack of customer demand for crypto-based systems, do not offer enough of an incentive to change course. PAX Pago is utilized as payment for items produced, products sold or services rendered. Our platform offers high-speed reliable transfer, and enables transparent information flow in addition to Combating problems of inflation, inefficient public services, and slow technological advances. PAX Pago will be a medium of exchange.
PAX Pago will be a borderless payment and settlement platform. The project provides transparent transactions and will be a medium of stability in the event of economic turmoil. Independent from economic cycles, the project builds an ecosystem supporting the trading of goods and services.
As the platform progresses, there will be features introduced to further develop the overall growth of the ecosystem such as: Validation System, Point System. Currently, the platform has several existing core functions with the capacity to grow. More functions will be released as the stages of ICO progresses:bCold Storage Hardware wallet and Multi-Currency Support.
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