VirtualCyte is very pleased as it enters a key partnership with Paycent Singapore

May 30, 2018

VirtualCyte is very pleased as it enters a key partnership with Paycent Singapore


Mr. Brian Tan (Left), CEO of Paycent Singapore and Mr. Peter Yu (Right), CEO of VirtualCyte | CyteCoin, meet at Finwise Summit Tokyo


Paycent is a premier financial platform powered by Texcent, a Singapore-based company dedicated to the use of fully integrated mobile applications as it aims to deliver a seamless payment solution for customers and merchants alike across countries worldwide.


Paycent is the first to focus in payment gateway specific for digital assets. Paycent is a mobile dual e-wallet app that can be funded by fiat and digital assets (e.g. Dash, Bitcoin, Ether, Litecoin). This allows the digital assets holders multiple avenues to spend and straddle the world of fiat and digital assets. By having integrated these in Paycent, it bridges the gap between digital assets and fiat, making it accessible to over 200 countries and 36 million points that Paycent is accepted.


Through this strategic partnership, VirtualCyte will leverage and utilize Paycent’s powerful and expansive digital assets payment gateway, while Paycent will effectively benefit from VirtualCyte’s comprehensive merchant network and digital asset ecosystems bridging advertisers, merchants, content providers, KOL (Key Opinion Leaders), and target audiences.


VirtualCyte’s CEO, Peter Yu, furthermore stated: "We are very happy with our partnership with Paycent, we envisage that through our collaborative efforts and combined expertise, we can form a regional merchant network and bring blockchain technology en masse and its adoption to various industries, we aim to speed up the usage of blockchain and digital assets to the general public.

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