(indirect)
Users: overall public
Model: commission on the money transferred paid by the traditional financial payment platform
Use: The transfer of money, especially in small amounts, directly from email using a fast, inexpensive and safe Peer-to-Peer system between PayMyTime users. While working on PayMyTime emails, the user can remain in the same environment to send or receive money as an attached certificate to the mail itself. The payment is handled with a simple click without the need to access other traditional payment systems or platforms. Adding recipients and amounts to multiple payments allows fast and efficient money transfer at a fraction of the cost. The funds are immediately debited and credited to the various accounts involved.
Scope: To enable PayMyTime Users to make paid transactions and money transfers directly in their PayMyTime email account without the need for a credit card or bank account. PayWithMail allows the transfer of money between PayMyTime users, using email. At any time, the user can access their credit and transfer it out to a traditional payment system. Commission is only paid when the money goes out from the PayWithMail platform and not, as with other systems, on every transaction. This allows the PayMyTime community to exchange money for work in both directions without paying any commission at all.