What is LYO Credit?
LYOPAY is a fintech organization that is managed by DIGILYO APP LTD and has an administrative office in Hong Kong, with operational offices in more than 7 countries. Through more than 14 platforms, users can access the LYOPAY ecosystem and connect to technological tools in an intuitive and simple way. These platforms provide users with the ability to transact, store and use cryptocurrencies in a scalable way to promote their company ecosystem. The main objective of LYOPAY is to promote the mass adoption of cryptocurrencies, act as a bridge between the fiat and cryptocurrency worlds in a legal and safe manner, and provide easy access for newcomers to cryptocurrency, all with just one complete ecosystem.
LYOPAY is an ecosystem that combines different services from many financial partners located in different countries, enabling faster global expansion in 14 different platforms. The main project is to build an ecosystem that encompasses primary payment services and extends to tools for professional trading, travel booking, a launchpad page, and other services that will be expounded later in this document. The incorporation of several services also issued by third parties, LYOPAY falls into the category of an ecosystem. It is a new approach to an all-in-one experience ecosystem of services and tools, delivered via in-house technology and through third-party integration.
The ecosystem satisfies the need to connect consumers and retailers, enabling them to efficiently conduct transactions. In addition, it offers a single account with multiple functions, so that a person can use the same ecosystem for most or all of these services. This strategy allows companies to expand their resources into more fields.
LYOPAY operates in compliance with KYC, AML, and European General Data Protection compliance and regulations. This ensures that LYOPAY's operations take place in total transparency with respect to the institutions that regulate payment flows and safety towards customers and their funds. The service providers that LYOPAY relies on have the proper license to operate, as well as the partners who issue the products that will be available in the LYOPAY portal.
To create a token that fits into the LYOPAY ecosystem, the purpose of LYO Credit is to create LYO Credit tokens. These tokens can be used to pay commissions and promote a community of users of the platform through currency rewards. LYO Credit (LYO) is based on the Binance Smart Chain protocol that is powered by Binance. The BEP-20 smart contract facilitates transactions of the LYOPAY Ecosystem (LYO) and records balances of such credits in an account.
Overall, LYOPAY is an ecosystem that combines different services from many financial partners, enabling faster global expansion in 14 different platforms. It offers easy access for newcomers to cryptocurrency and promotes the mass adoption of cryptocurrencies. LYOPAY operates in compliance with regulations and compliance requirements, ensuring transparency and safety towards customers and their funds. The LYO Credit token is created to fit into the LYOPAY ecosystem and can be used to pay commissions and promote a community of users of the platform through currency rewards.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.Try for Free