Profiles

ABOUT PAYAABB
PayAABB, a crypto payment gateway, developed by Asia Broadband, Inc. (OTC:AABB), connects with the rest of the AABB solutions to provide a highly lucrative tool for both businesses and customers.
Established in 1996, Asia Broadband, Inc. is a high-margin resource company focused on the production, supply, and sale of precious and base metals to primarily Asian markets.
In March 2021, Asia Broadband launched a gold-backed cryptocurrency, using $30 million of its gold bullion as collateral with the goal of becoming a worldwide standard of exchange that is secured and trusted thanks to its unique mine-to-token vertical integration.

BENEFITS OF PAYAABB:
• Accept 400+ cryptocurrencies, including Bitcoin, Ethereum, Binance, USDC and USDT. ERC20 and BEP20 tokens are supported.
• Platform is 99.95% secure, protected with a SSL certificate, Google 2FA, Google Authenticator and encrypted with other security features developed by AABB
• Add PayAABB as a plugin in your existing online shop, use as an app when on the go
• Customers can pay for products and services with crypto at retail locations
• Instant confirmation after making a payment
• Zero chargebacks
• Accept payments for B2B and B2C transactions
• Diverse methods of accepting payment for goods and services, consolidated under one merchant account
• Keep the customer on your website, no redirection to third-party websites or iframes during checkout.
• Keep your data safe, no need to give your customer’s data to a third party
• No KYC or product restrictions
• Peer-to-peer transactions
• No additional setup costs
• Lowest settlement fee of 1.5%
• Supports cross-border transactions and instant payments
• No restrictions on the plugin or your account
• Access the dashboard to get detailed information about transactions
• Ability to automatically exchange received cryptocurrencies for a stable coin like USDT or USDC
• Merchant can install the same plugin on any number of websites
• Receive donations in any of the cryptocurrencies

HOW SETUP WORKS:

1. Register for a PayAABB account, pass KYC protocol, and get access to your very own portal.
2. Create a unique key for each of your online stores. There are no restrictions on how many stores you can add.
3. Set up accepted crypto, location, and currency for each store.
4. Select your website from our list of compatible platforms and download the integrated PayAABB plugin.
5. Configure the plugin in your Shopping Cart area to start accepting crypto payments.
6. When a user wishes to pay with crypto, they select the payment option and proceed to pay with a QR code. Your store receives confirmation.

HOW PAYMENTS WORK:
1. The customer proceeds to checkout and selects one of the displayed cryptocurrencies that you have setup.
2. A payment form with a QR code will be generated and the user will use these to complete the payment.
3. Once the payment is made, the client will receive instant payment confirmation, and the seller will receive a notification of successful payment.

WHAT HAPPENS AFTER A SALE:
1. Once the payment is successful, the merchant will receive their funds in the control panel.
2. If you decide to automatically exchange all received or selected currencies for stable coins or another cryptocurrency, you set this up on the control panel.
3. If you decide to withdraw in cryptocurrency, you can withdraw funds to any crypto wallet from your dashboard account.
4. You can create your account and start accepting crypto payments instantly, however, to withdraw funds received from the sale of your goods, you will need to complete KYB & KYC (business verification) before the withdraw functionality is activated.