PlasmaPay Introduces Its Latest Cryptocurrency Payment System

PlasmaPay is a cryptocurrency payment system. In July this year, the firm sent out a call to all app developers to send in their applications so that it could run a beta test on them. The good news is that the firm just completed its beta tests, and its full-fledged mode became available to all users on Friday, October 12, 2018.

The system underwent rigorous beta tests for a period of three months. Ilya Maksimenka, PlasmaPays’ founder, stated that users across the globe could now connect to its primary systems. It is also expected that its new generation payment system will generate great interest in Asian-based countries like Indonesia, Vietnam, and Thailand.

Apart from Asia, other areas expected to generate interest include Nigeria, South America, as well as other European countries such as Germany, which have been seen to have a large appetite for cryptocurrencies.

The Platform

The new system from PlasmaPay is multilingual and can support a total of twenty different languages. This means that platform users will not experience any problem when trying to access customer support.

Apart from customer support, the multilingual nature of the interface means that users can configure the ecosystem to function in a language that they are well-versed with. Once configured, they should be able to start accessing it in a matter of minutes.

Ilya Maksimenka noted that the team had been able to come up with a payment system that was truly unique. This is a system that will be able to meet all the needs that have been imposed by today's users. In addition, the platform comes with an intuitive and user-friendly interface.

Users will also be able to access all the popular options in their own language. A user can today be in a position to create an account, and start making cryptocurrency transfers on the ecosystem. Once a user creates their account, they will get immediate access to their crypto wallets.

If a user needs to upload more funds, they can conveniently replenish their wallets from their fiat cards. The wallet replenishment service has been made possible through a partnership with Simplex. Its payment system has already been integrated into the new system.

The Crypto Wallet

Once a user has accessed their crypto wallet, they will be able to initiate transactions using all kinds of cryptocurrencies, e.g., DASH, BTC, ETH, and LTC. The list of available and supported cryptocurrencies is being updated with each passing day. Ilya Maksimenka also went on to state that they will be actively monitoring user preferences in order to use them to develop faster, and more reliable options that suit their needs.

The PlasmaPay system is also expected to start supporting transactions involving fiat currencies in the near future. According to reports coming from the company, they have received licenses that will enable them to transact with all types of currencies, e.g., exchanging fiat currency for virtual currency and vice versa, as well as creating virtual wallets. The license in question was obtained in Estonia, where the country is located.