You can watch video here: https://www.youtube.com/watch?v=_AXUIGIXDBQ
Whit their solution there's basically possible to integrate payment system for every machine.
Innovators in the payment industry aim to do more than facilitate transactions and help money change hands. While multinational mobile phone manufacturers compete in the mobile payments market for the same transactions, Paytailor changes the approach by appealing to merchants through simplicity.
Paytailor is a software that enables payments between the merchant and the customer with existing devices and bank accounts.
Innovation improves on the way people interact with businesses. It is not about reinventing the wheel itself, but getting the wheel to do something else. Paytailor is on a mission to connect services to people with smart payments. To date, Paytailor has grown into a powerful and super flexible payment platform.
Paytailor combines payment methods, big data, NFC, location and social aspects of nowadays technological capability. The solution is very flexible, enabling payments app to app, browser to app and IoT payments
Key Problems that they see:
- Card terminal infrastructure
- High costs for merchants
- No customer database
More than solving problems
- Creating value through social cohension
- Providing better, smarter and cheaper solutions
- Helping businesses to increase sales and to build strong customer communities
At a first glance, Paytailor may seem as just two mobile apps, one for the customer and the other for the merchant. In fact, charmingly simple solution is actually a remarkably powerful and flexible payment platform. We listen to the market needs and solve real bottlenecks that stand in the way of growth. Paytailor aspires to lead the change towards creating value for the businesses and building exceptional user experience and culture. It is not simply about the way people pay, but helping to build a bridge between the businesses and people in a way that would be pleasant and useful for each.
Value for merchants
- Low fees
- Can be used without card terminal
- Identified users
- Loyalty options
- Integration options
- Big data opportunities
Value for Customer
- Simple and fast solution to pay
- Easy registration
- Easy to add payment method
- Loyalty program
- Special offers
Fund raising
Max 20 000 ETH (considered price 300usd/eth)
1st target – 100 000 USD (Approximately 335 ETH) – Expanding to UK
2nd target – 300 000 USD (Approximately 1 000 ETH) – Adding payment in cryptocurrencies
3rd target – 1 200 000 USD (Approximately 4 000 ETH) – Adding several ERC20 tokens and going to EU market.
4th target – 3 000 000 USD (Approximately 10 000 ETH) – More expansion in EU
5th target – 6 000 000 USD (Approximately 20 000 ETH) – Integrating Raiden Network (If we don’t reach 5th goal, then Raiden Network will be integrated later)
About token
Paytailor will create its own open source cryptographic token, named PT. Paytailor token will have a certain purpose as a general cryptocurrency for everyday use, meaning it can be used for trading and earning revenues of the company.
Paytailor transfers 10% of profit of Paytailor Institution to the Ethereum (ETH) wallet containing the smart contract. The ETH will be redistributed proportionately to all holders of Paytailor tokens according to smart contract conditions.
There's possible to earn a little bit tokens extra
Bonus program works only 11 months which are separated into 4 bonus rounds, with every bonus round to be different with its pool size (see the chart below).
NB! If we don’t reach First target point (100 000 USD) there will be no bonus program. PT pool amount will be 10% of company tokens (480 000) and will be spread as follow:
Bonus round 1 – 25% of whole PT pool Bonus round 2 – 35% of whole PT pool Bonus round 3 – 40% of whole PT pool Paytailor Token holders can earn PT tokens by holding them at least one quarter. Program rules are written below. Bonuses are paid out in the beginning of every next quarter and are calculated by amount of holding PT tokens. Calculation will be made: PT Pool / X = Bonus per Token. Where X is amount of regressed Tokens.
For example: If bonus round 1 regressed token amount is 6 000 000 then bonus per token would be 120 000 / 6 000 000 = 0.02, So if you were holding 1 500 Tokens then your reward is: 1500*0.02 = 30 PT Tokens. You can regress your tokens by clicking this LINK.
For Flipping - could be
They have working product, merchants with client base in several countries also they have additional interest in Ireland, Belgium and Germany. (Based on Bitcointalk answer)
Website - https://www.paytailor.com/en/ico
Whitepaper - https://www.paytailor.com/en/whitepaper.pdf
Video - https://www.youtube.com/watch?v=_AXUIGIXDBQ
Facebook - https://www.facebook.com/paytailor/
Telegram - https://t.me/joinchat/G36lTBMNgHD75ISSbJrcbg
Twitter - https://twitter.com/paytailor
Any Donation is Appreciated:
BTC - 16t7qjbWGu93hAf5nn9Z86kZyer1d2fnVD
ETH - 0xd4ECC8496B29F4644AcbE1A00BE73C6D86C9Ebfa
NEM - NCIROWTJLXTF5OR7CZKPDY6ZXAB75RLOKWXVNFXW
LTC - Lg7oX986CM1TDaML7w1EH2UpZNJ8QwQqxY