Updates

Introducing Payd Money v2

Introducing Payd Money V2 coming this Sept, our latest update that takes your financial management & payment capabilities to the next level.

Diana Mongina - COO

Aug 23, 2024

We’re thrilled to introduce Payd Money V2 coming this September, our latest update that takes your financial management and payment capabilities to the next level. At Payd, we’ve always been dedicated to providing you with fast, secure, and reliable payment solutions, and V2 is a massive leap forward in fulfilling that promise.

What’s New in Payd Money V2?

With Payd Money V2, we’ve added powerful new features and enhanced existing ones to give you even more control over your money, whether you're sending payments locally or across borders. Here’s a look at what you can now do with Payd Money V2:

1. Global Payments Made Simple

Payd Money V2 enables you to effortlessly send and receive payments across the globe. With new integrations, you can now generate invoices in USD and accept payments through major payment channels like Google Pay, Apple Pay, and credit/debit cards. What’s more, these payments are directly settled into your Payd Wallet, where you can hold, transfer, or convert them as needed.

No matter where your clients or customers are, you can now conduct business in a seamless, professional manner.

2. Your Digital Wallet, Powered by USDC

At the core of Payd Money V2 is your new and improved digital wallet, which now supports USDC (USD Coin). This means you can securely hold a stable digital currency, make payments, and receive funds all within the Payd ecosystem.

With your USDC wallet, you can:

  • Receive payments directly in USDC by sharing your wallet address.

  • Easily convert fiat to USDC and back, giving you more flexibility in managing your money.

  • Send USDC to other Payd users or to external addresses quickly and securely.

  • Withdraw USDC directly to your mobile money account or Payd Wallet.

This is digital money management, redefined.

3. Save Smarter with Pockets

Managing your savings and expenses just got a whole lot easier with the introduction of Pockets in Payd Money V2. Pockets are subwallets within your main Payd Wallet that allow you to set aside money for specific purposes—whether it’s saving for rent, paying bills, or setting aside funds for a rainy day.

You can create different types of Pockets:

  • Bill Pockets: Designated for specific bills, ensuring that you’re always prepared when payments are due.

  • General Pockets: For broader savings goals, helping you stay on top of your finances.

These Pockets can hold both fiat and USDC, and you can make payouts directly from them, making your financial management more organized and goal-oriented.

4. Enhanced Mobile Money Integration

Payd Money V2 brings a revamped experience for those who rely on mobile money. With our direct integration, you can now:

  • Easily top up your Payd Wallet via mobile money.

  • Make seamless payments to mobile money paybills and tills directly from your Payd Wallet.

  • Enjoy real-time transaction confirmations, giving you peace of mind that your payments have been received.

Whether you’re paying bills, sending money to family, or settling business expenses, you can do it all with ease and confidence.

5. A More Secure and Efficient Payd Experience

We understand that security and efficiency are paramount when managing your money. That’s why Payd Money V2 includes several under-the-hood improvements designed to make your experience smoother and more secure:

  • Faster transaction processing to keep up with your busy life.

  • Enhanced data security to protect your information and transactions.

  • Retry mechanisms for payments, ensuring that your transactions go through even in low balance scenarios.

With these upgrades, you can trust that Payd has your back, no matter what.

What’s Next?

As we launch Payd Money V2, our focus will soon shift towards making it even easier for you to grow your financial freedom. We’ll be introducing new features and enhancements aimed at helping you save more, spend wisely, and achieve your financial goals.

Stay tuned for exciting updates as we continue to roll out even more features in the coming months. We’re committed to making Payd the ultimate financial companion, and we can’t wait for you to experience all that V2 has to offer.

Join the Payd Revolution Today

If you haven’t yet, now is the perfect time to start using Payd. Whether you’re a business owner looking for efficient ways to handle payments or an individual seeking better control over your finances, Payd Money V2 is here to make your life easier.

Sign up today, and be part of a financial revolution that’s built with you in mind.

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