Payfrit RMS (Restaurant Management System) is a revolutionary new model for the restaurant, food and beverage, and hospitality industries. We provide a single unified framework that allows these businesses to seamlessly provide service to their customers regardless of the setting: dine-in, scheduled dine-in, takeout, drive through, and delivery, all united in one ubiquitous app. More importantly, full control of these functions and processes is now in the hands of the restaurant owner instead of a third party.
ability to convert PYT -> USD in app on demand instantly
February 26, 2018
ability to verify KYC in app, accredited investor status within one business day.
March 1, 2018
ability to convert PYT -> USD at website, immediately spendable on Android app;
March 9, 2018
Token sale (likely) starts
March 9, 2018
Token sale (likely) finalized
August 1, 2018
12 businesses using Payfrit locally in Los Angeles/Orange County, 6 businesses providing mail order fulfillment. Annual revenue $300k. PYT value cap estimated at $60 million, token value ~$3.00.
October 1, 2018
hardware ATMs released in beta. Screenless, bluetooth, dispense and accept USD and multiple currencies.
March 1, 2019
400 businesses using Payfrit across the country. Annual revenue $10 million. PYT value cap estimated at $2 billion, token value ~$95.00