PayMin Finance
  • Whitepaper
    • ⭐Project Overview
    • 🎯Mission
    • 🧭Problem Statement
    • 🟒PayMin Solution
    • βš™οΈToken Utility
      • πŸ’ΈFees & Top-up
      • πŸ”–Discounts
    • πŸͺ™Tokenomics
      • πŸš€Token Pre-Sale Phase
    • πŸ“‰Roadmap
    • πŸ““Legal & Compliance
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  • Pricing Table
  • Additional Features
  1. Whitepaper
  2. Token Utility

Discounts

Discount for Using PYMN Token

Discount Rate: Merchants who choose to top up their accounts with PayMin’s native token will receive a generous 20% discount on transaction fees. Discounted Fee Rate: By using the PYMN token, the transaction fee is reduced from 0.4% to 0.30% per transaction. Additional Loyalty Discount: Merchants who hold and stake PYMN tokens for over six months can qualify for an additional 10% discount on fees, bringing the rate down to as low as 0.27% per transaction.

Pricing Table

Transaction Amount (USD)
Fee Without PayMin
Fee With PayMin
Top-Up Methods

Up to 15,000

Free

Free

PYMN

Above 15,000 (up to 50,000)

0.40%

0.30%

ETH, USDT, BTC, PYMN

50,000 to 100,000

0.35%

0.25%

ETH, USDT, BTC, PYMN

Above 100,000

0.30%

0.27%

ETH, USDT, BTC, PYMN

Additional Features

  • Token Staking: Merchants can stake their PYMN tokens to earn rewards, effectively reducing their transaction costs. The longer the staking period, the higher the rewards.

  • Yield Rewards: Staked tokens remain flexible, allowing merchants to earn yield on their PayMin while having the option to convert earned tokens into fiat or other cryptocurrencies as needed.

  • Volume-Based Rewards: Merchants with an annual transaction volume exceeding $500,000 qualify for exclusive rebates, receiving a portion of their transaction fees back in PayMin tokens.

  • Top-Up Process: Merchants can conveniently top up their accounts at any time via the PayMin dashboard, with seamless integration for ETH, BTC, USDT, and PYMN tokens.

  • Transaction Fee Application: All fees are automatically deducted from processed payments, ensuring smooth transactions without the need for manual fee payments.

By offering a variety of top-up options, substantial discounts for using PYMN tokens, and additional features that incentivize staking and volume, PayMin aims to create a user-friendly and rewarding payment ecosystem for merchants.

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Last updated 7 months ago

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