Paybis
 | |
| Private | |
| ISIN | 🆔 |
| Industry | Cryptocurrency |
| Founded 📆 | 2014 |
| Founders 👔 | Innokenty Isers, Konstantin Vasilenko and Arturs Markevich |
| Headquarters 🏙️ | , Warsaw , Poland |
Area served 🗺️ | |
| Products 📟 | BTC, ETH, LTC, XRP, BCH, NEO, BNB |
| Members | |
Number of employees | |
| 🌐 Website | paybis |
| 📇 Address | |
| 📞 telephone | |
Paybis is a prominent international cryptocurrency exchange platform founded in 2014 by Innokenty Isers and Konstantin Vasilenko. .[1][2][3][4][5] Headquartered in Warsaw, Poland, Paybis has positioned itself as a global entity, providing a comprehensive suite of services for users worldwide.[6] In 2023, the company had 1.8 million registered users from 180 countries.
Overview[edit]
Paybis facilitates the buying, selling, storage, and transfer of over 89 cryptocurrencies, including Bitcoin, Ethereum, Stellar, Litecoin, Tether, Binance Coin, and Ripple. The platform's crypto wallet supports a total of 100 digital assets, demonstrating its commitment to offering a diverse range of options for users. With operations spanning over 180 countries and 48 U.S. states, Paybis is recognized for its user-friendly interface, cost-effective transactions, and robust security measures.
History[edit]
Founded in 2014 by Innokenty Isers and Konstantin Vasilenko, Paybis has continually evolved to meet the dynamic needs of the cryptocurrency market.[7][8][9][10][11][12]
In October 2021, the platform launched its mobile application, available on both Android and iOS. It enhanced accessibility, allowing users to interact seamlessly with Paybis while on the move.
The introduction of a promo code feature in the same year showcased Paybis's commitment to an eCommerce strategy, effectively disseminating promotional codes across diverse marketing channels. In July 2022, Paybis further expanded its payment options by incorporating the Single European Payments Area (SEPA) for instant GBP and EUR deposits.[13][14][15][16]
On 22 May 2014, the domain was bought and the exchange officially started its operations in 2015.[17][18] It was during this time that Konstantin Vasilenko, the third founder, officially joined the company, leaving behind his position as CRM Delivery Manager in Accenture.[19][20][21]
During the first year of operations, the founders focused more on the technical aspects of the platform, improving its usability, interface, and security.[22][23][24][25]
It is only a year later that the platform really started taking off, becoming a viable cryptocurrency exchange platform. Paybis.com currently holds key partnerships with Israel-based payment processor Simplex, cryptocurrency exchange Kraken and BlueOrange bank.[26] Paybis.com further supports payment systems like Credit cards, SEPA Bank Transfers in Europe and Skrill/Neteller among others.[27][28]
Currently, the exchange supports BTC,[29] ETH purchase with credit cards,[30], LTC, XRP, BCH, NEO and is one of the first cryptocurrency exchanges, aside from Binance, to support BNB coin.[31][32][33][34]
All throughout their history, Paybis did not receive any external funding or investments and is fully self-funded by its founders.[35][36][37][38][39]
In September 2023, the platform added support for ACH (Automated Clearing House) bank transfers, providing US customers with the ability to purchase cryptocurrencies directly from their bank accounts.
With White Label On/Off Ramp Solution, Paybis offers a customizable tool for businesses, enhancing user experiences and ensuring streamlined conversions. This passwordless solution is designed for easy integration.
Founders[edit]
Innokenty Isers is a CEO and founder of Paybis. With over 15 years of experience in various online businesses, Innokenty brings a wealth of entrepreneurial knowledge to Paybis.
Konstantin Vasilenko (Co-founder): Holding a Master's Degree in Information Technology and boasting 20 years of IT experience, Konstantin is also a co-founder of the Latvian Blockchain Association. Their diverse backgrounds contributed significantly to the development and success of Paybis.
Key Features[edit]
User-friendly interface and mobile app[edit]
The platform provides a user-friendly interface accessible across 180 countries, accompanied by a mobile application available on both Android and iOS platforms. This mobile app extends accessibility and ease of engagement for users on the go.
Real-time calculator[edit]
For accurate and fast transactions, Paybis incorporates a real-time calculator, ensuring precise rates during conversions.
Affordable entry point[edit]
With a minimum purchase requirement of $5, Paybis lowers the entry barrier for cryptocurrency investing, making it more accessible to a wider range of individuals.
Diverse Payment Methods[edit]
To cater to a global clientele, Paybis supports various internationally accepted payment methods, including:
- Bank transfers
- Skrill
- Neteller
- Credit/debit cards
- Direct cryptocurrency payments
The platform also accommodates region-specific payment methods like local bank transfers, PSE, SPEI, ACH, Giropay, Astropay, PIX, Khipu, WebPay, and ACH.
Licensing and regulations[edit]
Paybis places significant emphasis on regulatory compliance, being registered with multiple authorities, such as:
- Financial Crimes Enforcement Network (FinCEN) in the United States
- VASP with the Revenue Administration Chamber in Katowice, Poland
- Financial Transactions and Reports Analysis Centre of Canada (FinTRAC)
The platform upholds Know Your Customer (KYC) and Anti-Money Laundering (AML) guidelines outlined by the Financial Action Task Force (FATF), rigorously verifying user identities and monitoring transactions to prevent illicit activities.
Geographic presence[edit]
Paybis offers a seamless experience for users across 180 countries. The platform refrains from offering services in high-risk jurisdictions and regions under international sanctions. Specific regions and countries are presently restricted, including New York, Hawaii, Louisiana in the U.S., Afghanistan, Iran, North Korea, Myanmar, Palestine, Iraq, Somalia, Sudan, and Syria.
Trust and reviews[edit]
Earning substantial customer trust, Paybis has garnered over 20,000 reviews on Trustpilot, surpassing many major cryptocurrency exchanges in terms of user feedback and satisfaction.
In 2023, the company reached a significant milestone with 1.8 million registered users.
CryptoCash[edit]
In September 2018, Paybis created a subsidiary company called CryptoCash, the first cryptocurrency embassy in the Baltics.[40][41] Cryptocash has a physical office in the center of Riga where local cryptocurrency enthusiasts can attend crypto meetups, educate themselves, buy crypto-related merchandise or buy cryptocurrency with cash.[42][43][44][45][46]
References[edit]
- ↑ "Paybis hace la compra de Bitcoin mucho más fácil con tarjetas de crédito". CriptoNoticias - Bitcoin, blockchains y criptomonedas. April 7, 2017.
- ↑ "Paybis reduce las comisiones de compra de Bitcoin en un 25% en pagos con tarjeta de crédito y débito". CriptoNoticias - Bitcoin, blockchains y criptomonedas. July 1, 2017.
- ↑ "Why Slack's Full Page Ad in 'The New York Times' Was an Epic Fail". www.linkedin.com.
- ↑ "Paybis Makes Buying Bitcoin a Lot Easier With Credit Cards". www.prnewswire.com.
- ↑ "Cryptocurrency FAQ". Flipboard.
- ↑ Paybis-la-nueva-manera-facil-y-rapida-de-comprar-criptomonedas-en-Mexico
- ↑ "PAYBIS LTD - Overview (free company information from Companies House)". beta.companieshouse.gov.uk.
- ↑ "Kriptovalūta. Kādi ir riski, ko paver nauda, kuras izcelsmi un īpašniekus nav iespējams noteikt?". skaties.lv.
- ↑ "Best Ways to Trade / Sell Your Amazon Gift Card for Cash or Paypal". gleanster.
- ↑ "More Millenials Are Investing In Bitcoin". SavingAdvice.com Blog. July 12, 2019.
- ↑ "Digital Assets Will Cause Millennials To Dump Gold For Bitcoin- Barry Silbert". July 12, 2019.
- ↑ "Everything About Cryptocurrency". Flipboard.
- ↑ Allison, Bethany (May 17, 2018). "[2018] Amazon & Bitcoin: The Whole Story". Medium.
- ↑ "How To Trade Cryptocurrencies". CRYPTOCURRENCYTALK.COM.
- ↑ "Paybis takes giant steps towards helping beginners learn more about cryptocurrencies". pressat.co.uk.
- ↑ "PayBis - Latvijas Lielākā Kriptovalūtu Birža". Spoki.
- ↑ Maltese, Marco E. G. (December 9, 2015). "PayBis E-currency And Bitcoin Exchange Planning Expansion". Cointelegraph.
- ↑ "Paybis Continue to Impress - Huge 50% Discount for High Volume Orders now Available!". May 8, 2018.
- ↑ "Paybis.com Review – Scam or not?". www.bestbitcoinexchange.net.
- ↑ "How to Restore a Bitcoin Wallet in a Few Easy Steps". Coinspeaker. May 1, 2019.
- ↑ "Callcoin: Telegram-бот для международных звонков за биткоины". habr.com.
- ↑ Sodiq, Olanrewaju (May 21, 2018). "Bitcoin (BTC): Everything You Need To Know".
- ↑ Release, Press (April 3, 2019). "Paybis Leaps Towards Worldwide Crypto Adoption by Translating Its Website into 5 New Languages". CCN.com.
- ↑ "Ed :: social network marketing | FREE online branding with IMfaceplate".
- ↑ "What is Cryptocurrency- Beginner Friendly Guide (Posts by Terry Miller)". Bloglovin’. March 21, 2019.
- ↑ "Paybis and Simplex Continue to Impress!". coinidol.com.
- ↑ "Where to buy bitcoin - Money Orders & Transfer Services - Latvia, UN". www.agreatertown.com.
- ↑ ltd, Crowdholding. "Earn 3000 YUP | Which are payment gateways crypto-friendly? | Crowdholding | Feedback | Rewards". Crowdholding.
- ↑ "Paybis Makes Buying Bitcoin a Lot Easier with Credit Cards". Bitcoinist.com. April 11, 2017.
- ↑ "Paybis Launches Credit Card Purchases for Ethereum and Bitcoin Cash - Reuters". www.reuters.com.
- ↑ "Buy BNB instantly! | PayBis". paybis.com.
- ↑ https://zycrypto.com/uk-based-cryptocurrency-exchange-paybis-offering-users-50-percent-bonus-on-high-volume-orders/
- ↑ https://theminecraftserver.com/receipt-for-cash.html
- ↑ "Buy a Bit of Bitcoin with your Bank Account (and other updates)!". Abra. March 9, 2017.
- ↑ https://artegami.com/euro-itunes-gift-card.html
- ↑ "Steem Italia". steemitalia.com.
- ↑ bitcoin.trendolizer.com/2018/01/buy-bitcoin-with-credit-card---paybis-1515949452.html
- ↑ "Bitcoin exchanger Paybis launching debit card". CryptoNinjas. May 1, 2017.
- ↑ https://www.foro-ptc.com/gana-dinero-en-cryptomonedas-138/paybis-de-bitcoin-paypal-5-fees-comprobante-de-pago-179740/
- ↑ "Bitcoin Teller in Riga - Crypto Embassy CryptoCash". coinatmradar.com.
- ↑ "Rīgā atklāta kriptovalūtu vēstniecība CryptoCash - Publikum". www.publikum.lv.
- ↑ "How to buy Bitcoin with bank account". July 1, 2017.
- ↑ "Baltic Blockchain Allstars : Latvia, 10 to watch".
- ↑ "Leading Crypto Exchange, Paybis, Announces World Biggest Discount Offer for High Volume Orders, Up to Huge 50% Discount!". coinidol.com.
- ↑ "Large Orders Offered A Massive 50% Discount on UK Cryptocurrency Exchange Paybis". May 11, 2018.
- ↑ Pimentel, David (April 11, 2017). "Bitcoin with a Credit Card Set in UK".
External links[edit]
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