Jul 6, 2021
UAE-based provider of crypto payment solutions, Pallapay, announce plans to launch a digital currency trading platform to bring more people into the digital economy

July 6, 2021 —
Pallapay currently ranks as the only payments solution in the UAE that allows businesses to accept, process, and disburse CRYPTO payments. The leading payment service providers are further reiterating their commitment to enabling as many individuals and businesses to leverage the features and benefits of the digital economy with the upcoming launch of their trading platform. In a related development, Pallapay has introduced the Palla token through an ICO that will be done in four stages.
The Middle East region has not been left out of the digital economy movement. However, more needs to be done to bring the benefits of the blockchain-powered ecosystem to people and businesses in the area. Consequently, the team at Pallapay is looking to champion this campaign as substantiated with the token launch and introduction of several other projects from the payment solutions provider.
Palla, created on Tron Network, will be the official token for organizing payment and settlement systems in the Palla network. The token is created to reduce the cost of transactions and payments while enabling users to enjoy banking services, such as loans and deposits. A total of 10 billion Palla tokens will be distributed, of which only 15% will be offered through ICO in 4 weeks.
Pallaypay offers an all-inclusive payment solution comprising of Pallapay.com, MasterCard, UnionPay Card, with financial services that include decentralized finance products, crypto earn, and a host of others. The licensed financial solutions provider has also announced plans to launch a professional trading platform that will allow users to earn from the price movement of different cryptocurrencies. The platform will offer a plethora of features and low fees to meet the diverse needs of users.
Other plans of Pallapay include the launch of cryptocurrency ATMs and POS machines, the design and development of crypto loan programs, and obtaining EMI and banking license in the European Union.
The developments are in line with the goal of the company to accelerate the world’s transition to cryptocurrency, helping as many people as possible to control their money, safeguard their data, and protect their identity. PallaPay.com enables individuals and businesses to accept the payment types preferred in local markets and transact payments in over 140 countries and fund in 20 currencies, all through a single connection.
For more information about Pallapay and the range of groundbreaking solutions offered, visit – www.PallaPay.com. Pallapay can also be found across social media, including LinkedIn, Telegram, and Instagram.
About Pallapay
Pallapay was created by Palladium Payment Services LLC to provide a sophisticated gateway and fraud solution to the market. The innovative payment gateway comes with greater security of payments, simple refund capability, and easier checkout, enabling users to pay, send money, and accept payments anywhere in the world.
Contact Info:
Name: PallaPay
Email: Send Email
Organization: PallaPay
Website: http://www.PallaPay.com
Release ID: 89033768
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