Mind you, it’s not just another payment service like PayPal. Check out how and be baffled.
First of all, if you want to send money across the world with absolutely 0% fees, come to us.
And if you want to put your savings to use and earn interests as high as 5% or even more, come to us. No bank in the US provides that as of yet.
We can achieve this through our unique business model.
Introducing KetoPay - a service like PayPal, but just better. You can send/receive money, to/from an email, from any part of the world, with no transaction fees. And, a wallet for storing money wherein you can earn interests as high as 5%. How cool is that?
First of all, we charge no transaction fees whatsoever (for transactions more than $1000) and just 1% fees (for less than $1000), unlike PayPal, which charges up to 5.5% for cross border payments. Secondly, we give our users a wallet where they can store money and earn interests as high as 5%. So, a $100 deposit would amount to $105 in a month or even higher if the interest rate is high.
Check out our product and business model here :KetoPay - a service like PayPal, but just better. | Devpost
One of our clients had an outstanding payment of $2500. We asked him to pay us in USDT crypto, because USDT is a stable crypto coin He bought $2500 worth USDT crypto in the US exchange, amounting to 2500 USDT. He then transferred this to my wallet in India with a minor constant fee of $1, using TRC-20 method. (You should know that there are mainly two ways of transferring USDT – ERC-20 method and TRC-20 method. ERC charges a flat 40 USDT fee but TRC uses a flat 1 USDT fee. Hence, we used TRC method) So, I got 2499 USDT into my Indian crypto USDT wallet. I sold this for $1.10 each in my Indian crypto exchange. I received $2750 (2500*1.10 - ignoring 1 USDT fee for ease of calculations) in return- a mammoth $250 in profit. Wherein I was just to receive $2500, I received a sweet $2750. Had we used PayPal, we would have received only $2375, due to PayPal’s $125 fee. So, in conclusion: Our client bought 2500 USDT for $1 each from the US exchange like Binance, sent it to me, and I sold this 2500 USDT for $1.10 each in one of my Indian exchange, profiting $250. So, you see this business model works like a charm. Also, we have used the app Uphold for carrying this out. Buying USDT at a $1 price in the app, transferred to Indian wallet, selling it there for a profit. We discontinued this because many people told that Uphold closes account without reason and is unreliable for long term. So, we closed our account there since we did not want to lose our money.
To know more about our project and business model, check KetoPay - a service like PayPal, but just better. | Devpost