Pyls Whitepaper

Introduction

In an era of rapid digital transformation, traditional payment systems remain inefficient, centralized, and vulnerable to fraud. Pyls.io, a product of Mazel Tech LLC, addresses these issues by offering a secure, decentralized payment portal designed for the evolving needs of e-commerce businesses, SaaS providers, and digital marketplaces.

Pyls.io empowers businesses to accept credit cards, debit cards, and cryptocurrency, all through a seamless, user-friendly interface. Backed by blockchain technology and built with security at its core, Pyls.io offers a flexible alternative to legacy systems like Stripe and PayPal.

Vision

To create the most secure, flexible, and inclusive online payment ecosystem for digital commerce — where privacy, decentralization, and speed are prioritized without compromising usability.

About Mazel Tech LLC

Mazel Tech LLC is a technology company focused on building secure financial infrastructure and tools for the decentralized internet. Based in the United States, Mazel Tech combines deep expertise in blockchain, cybersecurity, and user experience design.

Pyls.io is the flagship product of Mazel Tech, representing the company’s vision of democratized finance.

Problems with Current Payment Systems

  • High Fees: Traditional processors often charge 2.9% + $0.30 per transaction.
  • Chargeback Fraud: Merchants are exposed to fraudulent disputes.
  • Slow Settlements: Fund transfers can take days, particularly across borders.
  • Lack of Crypto Integration: Limited or no support for digital currencies.
  • Centralized Control: User accounts can be frozen or terminated without transparency.

The Pyls.io Solution

Pyls.io offers an integrated payment gateway with the following features:

a. Multi-Payment Compatibility

  • Accepts Visa, MasterCard, American Express
  • Supports Bitcoin, Ethereum, USDC, and other major cryptocurrencies

b. Decentralized Ledger Integration

Transactions are logged on a decentralized blockchain for transparency and auditability.

c. Security First

  • End-to-end encryption
  • Fraud prevention algorithms
  • KYC/AML compliance layers where required

d. Developer-Friendly

Simple APIs and SDKs for fast integration into websites, apps, and platforms

e. Dashboard & Analytics

  • Real-time transaction monitoring
  • Financial insights and payout scheduling

Token Utility & Ecosystem

If Pyls.io integrates a native token in the future (e.g., PYLS Token):

  • Transaction Fee Discounts for merchants who stake tokens
  • Governance Participation in platform upgrades and fee structures
  • Referral Rewards paid in PYLS

Business Model

  • Transaction Fees: Competitive percentage-based fees per transaction
  • Premium Features: Enhanced fraud detection, analytics, and white-label solutions
  • Merchant Services: KYC onboarding, fiat conversion, and tax support

Roadmap

Q2 2025

  • MVP Launch
  • WordPress Plugin Release
  • Beta Onboarding of E-commerce Partners

Q3 2025

  • Crypto Wallet Integration
  • Launch of Merchant Dashboard
  • International Currency Support

Q4 2025

  • Token Launch (if applicable)
  • Smart Contract Audits

Mobile SDK Release

Legal & Compliance

Pyls.io complies with all relevant financial regulations and privacy laws in its operating jurisdictions. Mazel Tech LLC has established banking relationships and payment licenses where required and is actively engaging legal advisors for expanding services internationally.

Conclusion

Pyls.io is not just a payment processor — it’s the future of digital commerce infrastructure. By merging decentralized technologies with merchant-focused usability, Pyls.io and Mazel Tech LLC aim to build a more secure, open, and accessible financial world.

Contact

Location: United States