(01/09/2018–30/09/2018)
Here is our monthly progress update for September.
HyperPay Will Issue Blockchain Credit Cards
We are about to provide issue cards and credit card services to our wallet users. We have signed a contract with a European credit card issuer. All procedures are in compliance with EU legal requirements. Hyperpay credit card will support both UnionPay and MasterCard MasterCard, becoming a milestone in blockchain wallet service!
The issuance of credit cards will also create practical application for HPY ecology, which will help the effective appreciation of HPY tokens. We will use HPY token as credit card fee to active the HPY token consumption mechanism.
There are different grades of credit cards with different levels of service based deposits. The highest level of HyperPay black card designed for high-end users will feature a personal butler-like service. What’s more, credit card users can also enjoy wallet’s private and reliable transfer service, meeting all the online and offline Shopping consumption needs in one card.
HyperPay has supported 17 mainnets
After continuous efforts, we have finally ushered in our 13th mainnet XPR, 14th mainnet ADA,15th mainnet Bytom(BTM) , 16th mainnet — Dogecoin, 17th mainnet — Waves
By now, HyperPay has supported 17 mainnets, which are: BTC, ETH, XRP, EOS, LTC, USDT, ADA, DASH, ETC, NEO, DOGE, DCR, QTUM, WAVES, BTM, HC, and XAS.
HyperPay has also supported most mainstream BTC, ETH , NEO and QTUM mainnet tokens.
Announcement on Swapping HLC and RPX tokens and Resuming Their Deposit & Withdrawal Service
According to the official announcement of HLC Foundation, the Qtum-based HalalChain(HLC) token has been swapped to Ethereum-based token.
Meanwhile, Red Pulse(RPX) also changed its name and all the RPX tokens were swapped to PHX in 1:1 ratio.
We have completed those 2 tokens swap for you and resumed their deposit & withdrawal service.
HyperPay Launches Hcash Financial Plan, Staring at 8.88% Annualized Return
HyperPay officially launched the Hcash (HC) exclusive financial plan! With financial period ranging from 1 day to 180 days, the plan offers users with diversified investment choices. There is also a high yield 14-day financial plan with an annualized return of 8.88%!
Now HyperPay has: the short-term plan that directly satisfies the need of small investment, the medium and long-term lock that cover the large investment demand, and the PoS mining income, giving back to the users with unprecedented rewards.
Last Day for USDT Chinese Valentine’s Day Promotion
HyperPay has launched a Friend Fund promotion on Chinese Valentine’s day. From 13 August to 13 September, any users who adding friends in our wallet and completing a transfer over 817 RMB wouldl be able to share a total of 1,000,000USDT based on the number of friends.
The promotion will be closed at 12 o’clock on the evening of September 13. Hurry up to get free USDT on the last day! Thanks for your support!
HyperPay USDT Super Lock, Annualized Rate of Reward hits 18%
HyperPay is about to launch the “USDT Time-Limited Lock” promotion at 15:00 14th September 2018(UTC+8). 18% annualized reward and a 30-day flexible lock period, you surely can’t miss it!
HyperPay Taking a Stake into HPX and Coinw
HyperPay has officially taken a stake into two major trading platforms: HPX and Coinw. In the future, the three parties will work closely together to integrate the resources and advantages, and jointly exploring the blockchain innovative wealth management path. With the model of “wallet + exchange”, this cooperation will help users manage asset safer and easier, helping users grasp the global opportunities on one hand.
UBTC PoS Cease Announcement
Due to the long PoS period and UTXO model’s mandatory freezing to mining funds, HyperPay will cease UBTC PoS service on September 16, 2018. The funds deposited in the PoS pool will be automatically returned.
USDT Super Lock Successfully Concluded
HyperPay launched a USDT Super Lock promotion on 14th September. With an annualized reward up to 18%, the 100,000 USDT quotas was sold out within two days!
Announcement on Suspending USDT Deposit and Withdrawal Service
Due to the network failure of Omni Layer, USDT’s network connection is completely crashed. Therefore, HyperPay suspended the USDT’s deposit and withdrawal service. The specific time to resume the service will be announced later, please stay tuned. Thank you for your support.
HyperPay Credit Card Program Schedule
After the long drafting, validation and approval process, the HyperPay credit card project has finally entered a critical phase. With the great perseverance and determination, the team has conquered countless difficulties. Currently, we have finished those tasks:ü
Completion of Requirements Gathering and Program Qualification Process — done
Defined Program Description structure — done
Creation of Risk Management profile, defining program expenses — done
Provision and Approval of Program Description — done
Facilitation of sub BIN assignment — done
System suite was received and is being tested a localhost
Defining design specifications — done
Definitions for batch loading provided — done
Balance and reconciliation requirements agreed — done
BIN application — done
Defining program and cardholders KYC policy — done
Obligatory cardholders support specifications — done
Embossing requirements and specifications, obtaining approval — done
Accounts integration: Community Account
Accounts integration: Debit Account
Obtaining requirements for marketing and advertising materials — done
Possibilities for marketing and advertising materials for card clients and cardholders — done
Security Layer Protocols ordering — completed
Security Layer Protocols installation — completed
System front end installation — completed
Accounts integration: Organization Account
Accounts integration: Voucher Account
Accounts integration: Member Account
System admin account issuance — done
Obligatory cardholders support specifications — done
Security Layer Protocols ordering — completed
BIN certification — interacting with processing and MC team for required implementations, integrating functions, etc.
System front end installation — completed
Card verification — submit
Program logistics — approved
System admin account issuance — done
Required changes submitted (”not valid unless signed”) — done
Card proof — done
Embossing requirements — approved
Embossing specifications — approved
In addition, account testing and other projects are gradually being implemented, HyperPay will push the credit card program step by step, thank you for your support!
BTC & ETH Super Lock, Annualized Reward hits 18% , Concluded in 5 Minutes!
HyperPay launched the “BTC & ETH Super Lock” promotion at 17:00 20th September. Here are the details:
BTC: 7-day lock period, the annualized reward of 18%, a total number of 20 BTC, the personal purchase is not limited.
ETH: 7-day lock period, the annualized reward of 18%, a total number of 500 ETH, the personal purchase is not limited.
With an annualized reward up to 18%, the 20 BTC and 100 ETH quotas were sold out within 5 minutes!The event has been successfully concluded, and all the principal and reward will be issued after the lock period. Please check the wallet in time.
442,500 Transactions! USDT Friend Fund Promotion Successfully Concluded
HyperPay has launched a Friend Fund promotion on Chinese Valentine’s day. With 1million USDT offer, this promotion generated over 442,500 transactions and ended successfully.
BTC On-chain Wallet & Market Data Collection: Say Hi to HyperPay 3.5!
HyperPay was upgraded to version 3.5 on September 21st. Featuring a smoother experience and richer services, the new version updated following functions:
BTC chain wallet: Add BTC on-chain function to support the BTC on-chain/off-chain transaction. Keeping private key on user’s hand, ensuring a safer management with more options.
Global market data collection: Keep up with the currency dynamics of major exchanges and analyze the trend of the global market.
Search optimization: Enhance search function performance, supporting transaction pair, Chinese currency name search.
HPX Bind: In addition to Coinw, HyperPay newly cooperated with HPX Exchange. You can transfer assets into or out of exchanges or wallets in a timely manner to manage assets quickly and easily.
20% Annualised Reward！Join Our Black Friday Promotion
HyperPay will cooperate with HyperFin to launch a series of“Black Friday” weekly promotions, which are 7-day short-term locks with a 20% annualized reward. The promotion will start from every Friday 15:00，subject to availability. The first currency to kick out this week’s Black Friday is BTC. The details of the event are as follows:
Total amount: 20 BTC
Personal limit: 0.5 BTC
Lock period: 7 days
Lock rewards: 0.38% (20% annualized reward)
Start time: 2018.09.28 15:00 (UTC+8)
