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With the first Phyre Bulgarian digital loyalty card, we have expanded the payments market. Phyre is a mobile application that allows contactless payment via a smartphone anywhere in the world. The application gives the opportunity to send money absolutely free, as well as to retain his loyalty cards
That's what Konstantin Djelebov, co-founder and CEO Phyre launches, in Business Meeting of Bloomberg TV Bulgaria.
"We are the first on the Bulgarian market, which really present a simple and friendly service.To become a Phyre customer, you do not need to go anywhere, download the Application, load it into one of your accounts and start using it immediately. "
Jelelepov explained that Phyre is completely free for the first 12 months and after the 13th month, a user fee of 1 euro per month is paid
"We also have 1.2% conversion costs, but we try to reduce it to 50% and we are currently negotiating with different suppliers", commented on the terms of use of the computer expert Phyre.
Jelebov announced that he works so that in a Phyre portfolio and have a lot of currencies that can be exchanged for a new application that will soon be implemented.
The ambition of the creators of Phyre is to reach thousands of customers in Bulgaria and conquer the markets of Central and Eastern Europe where there is no leader in digital payments [19659008] The co-founder of the digital wallet is convinced
"Since we borrowed a lot of ideas from banking applications and we would say that we built them, we can say that we have bank security," said Jelebov, explaining that MasterCard technology is used, which allows to store map data in o
"Thus, every payment made seems to use a new type of card that provides complete data security, commented the expert, adding that they do not store any sensitive data anywhere.you charge Phyre with the money from one of your cards, we encrypt this data further, we send it to an institution in A Germany which is certified and annually pbades an annual audit. According to Jelebov, the potential of the fintec market is extremely important and it is now "the right time for companies to grow"
. that it is very important for every company and every innovative product to do something that pleases people, but to give it something on the market at the right time. "
" It's one of the components that are monitored by all investors – whether it's the right time ", cf What is the protection of users when using Phyre?
How many customers are currently on the digital payroll portal? How will start-up finance be used to reach new markets? What is the model of Phyre? What is the potential of What are the relations between the beautiful companies and the banks?
More than the meeting, to see the video.
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