PayGate's blockchain-based P2P Platform cooperates with Suhyup Bank

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PayGate's blockchain-based P2P Platform cooperates with Suhyup Bank

PayGate, as a Fintech corporation, announced on Tuesday (May 8th) that it cooperates with Suhyup Bank to provide P2P (individual transaction) finance, third-party separation and storage for "Seyfert" service.

Seyfert, as a blockchain-based financial API, is getting much attention due to the large growth of P2P-loan and its financial security for the investors. Seyfert has been providing international electronic settlement services for about 8,000 corporations in 20 years, and it owns the recogination from PCI-DSS, an international security authentication Council.

It can be applied into a variety of fields such as government organizations, electronic settlement corporations (e-commerce), O2O (On-Off line linked) corporations, and crowdfunding corporations. PayGate will upgrade Seyfert every 2 years as well.

An official from Suhyup Bank said, "This partnership will bring us closer to the field of Fintech and make us a more convenient and well-known bank." "It's great that more options are open to P2P finance users along with this opportunity of cooperation," said Soyeong Park, CEO of PayGate.

PayGate, with its top financial platform, Seyfert, is going to enter the global market in the fileds of settlement remittance, P2P landing, foreign currency payment, and ICO. To this end, PayGate is greatly investing in the fields of Anti-Money Laundering and Compliance through internal financial management system.


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