Key Product Updates from PassimPay: First Half of 2024

At PassimPay, we are thrilled to share the significant improvements we've made to our platform in recent months. These updates are designed to enhance your experience, offering even greater flexibility, security, and efficiency in managing your cryptocurrency payments. Here's a detailed look at how our product has evolved to better serve your needs.

Main Updates

Introducing New Currency Customization in PassimPay's Dashboard

We’ve added a feature that allows you to select the currency that best suits your business needs. Now, you can view your balance and make transactions in the currency of your choice, simplifying your financial management and making it more intuitive.

Fast Currency Exchange Across 50+ Directions

We’ve introduced a lightning-fast currency exchange that supports over 50 cryptocurrencies. Additionally, we are excited to announce that fiat-to-crypto exchange will be available soon, expanding your transaction possibilities.

Empower Your Team with Sub-Accounts

With our new sub-accounts feature, you can distribute responsibilities among your team more effectively. Easily create sub-accounts with three levels of access: 

• View: Allows viewing statistics and downloading transaction reports.
• Limited: Includes viewing plus creating invoices, accepting payments, and optionally withdrawing funds to whitelisted addresses.
• Admin: Grants full access, including the ability to withdraw to any wallet or address.

Six New Coins Added to PassimPay

We have expanded our cryptocurrency offerings by adding six new coins: Matic, Solana, PEPE, WIF, FLOKI, NOT coin, BONK, and USDC (Solana). This expansion provides you with more options for managing your digital assets.

New Features for Shifting Fees

We’ve updated our fee-shifting options to give you more control over who pays the fees. Now, you can:
Pay the network fee or service fee.
Shift these fees to your client.
Customize this setup based on your project’s needs, offering full flexibility to suit your specific financial strategies.

Automatic Conversion Update

We’ve enhanced our automatic conversion features to provide more control and flexibility:

1. Choose to display balances in USD or cryptocurrency.
2. Select an additional wallet for receiving converted funds.
3. Choose from stablecoins like USDT (TRC20, ERC20, Polygon) and USDC (ERC20).
4. Specify a minimum balance to remain in your wallet after conversion.
5. Multiple settings can now be configured simultaneously for better financial management.

PassimPay Info Bot on Telegram

We launched a Telegram bot that brings all your account information directly to your messenger. With just two taps, you can access:

• Transaction statistics.
• Automatic conversion stats.
• Platform history.
• Referral program details.
• Notification settings.

Multi-Wallets for Simplified Budgeting

You can now create multiple wallets within PassimPay, each dedicated to specific categories or purposes. This feature helps you better organize your funds, customize wallet designs, and manage your budget more efficiently.

Implementation of KYC Verification

To ensure the highest standards of security and compliance, we’ve implemented KYC verification. Now, every company must complete KYC verification before accessing PassimPay’s services.

We are continually working to improve PassimPay to meet your needs and provide the best possible service. Stay tuned for more updates as we continue to evolve our platform. To keep up with all the latest news and developments, make sure to subscribe to our LinkedIn page.