Paycoin Brings Crypto Payments to Korea

paycoinis a crypto payment company that has successfully introduced crypto payment services to over 3 million users and 150,000 merchants in South Korea.It has begun its expansion into the global crypto payment market through a partnership with Triple A.

Pay Protocol AG, the issuer of Paycoin (PCI) has announced a partnership (MoU) with TripleA. TripleA is a licensed crypto payment company, collaborating in building the global crypto payment ecosystem.

The partnership begins by enabling all Paycoin users to pay TripleA merchants using PCI. Payprotocol AG and TripleA work closely with government agencies and global financial regulators to ensure full compliance with AML regulations.

Founded in 2017, TripleA is a crypto payment company that enables businesses to pay and receive payments in volatility-free digital currencies. TripleA’s customer roster includes: laserWhen Charles & Keith.

Paycoin expanded to Singapore as its first global market due to the strong crypto regulatory framework available in Singapore. This is because Singapore is one of the few countries that has detailed regulations on crypto-based businesses.As a fully licensed digital payment token service provider in Singapore, TripleA’s partnership enables paycoin Build a globally used payment system like it was built for the Korean market.

“Paycoin was founded as a payment solutions provider. Danal, objectives include creating a global payment network. As a result of this partnership, we will maximize the benefits of blockchain technology and build a global payment network centered on Paycoin. Additionally, we create a regulated and licensed environment for our partners to operate within. This ensures that it cannot be used as a means of illegal activity. These include activities such as money laundering,” said PayProtocol CEO Ryu Said.

“TripleA is pleased to partner with Paycoin as a global payment provider.” Erik Barbier, shared by the CEO of TripleA. “This is a mutually beneficial partnership that connects PayProtocol and merchants around the world. It will also give TripleA keen insight into the Korean market.”

  • Francis Bignell

    Francis is a journalist and leading correspondent in Latin America, with a Bachelor’s degree in Classical Civilizations and a professional interest in North and South America.

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