Paycoin (PCI) is the cryptocurrency used within the Paycoin payment ecosystem, allowing users to purchase goods and services from the platform's merchant network.
Launch and Adoption in South Korea
- The Paycoin payment service was first introduced in South Korea in 2019.
- As of September 2021, Paycoin has reportedly onboarded over 70,000 merchant partners, including well-known brands such as 7-Eleven, Domino's Pizza, and KFC.
- The Paycoin platform has also amassed a user base of more than 2 million registered users.
Transaction Volume
- Since its launch, the Paycoin payment service has reportedly generated over 10 million USD in payment transactions.
