Remittix has released the first public demonstration of its PayFi platform in a live operating environment, giving users a direct look at how the product works. The video showed three parts of the system in sequence: platform login and interface, a fiat-to-crypto purchase flow, and the crypto-to-fiat conversion process that sends funds to bank accounts.
Live demo shows the product in operation
According to the project, the demo confirmed that users can enter the app, buy digital assets with fiat, and convert supported cryptocurrencies into fiat for delivery to bank accounts in more than 30 countries. The team said the platform has completed all but its final optimization stage. What remains is focused on making the crypto-to-fiat transaction side perform reliably at scale. An official launch date will be set after that work is finished.
PayFi targets friction in cross-border payments
The launch is tied to a much larger payments market. Sygnum Bank said the global payments industry processes about $1.8 quadrillion in transactions each year, while much of that flow still depends on older infrastructure and large sums locked in pre-funded accounts. PayFi is aimed at connecting blockchain systems with real-world payment rails, and Remittix is positioning its platform around that use case.
The project says users can convert supported crypto assets in real time and route value to bank accounts across its supported network, while recipients receive local fiat currency and do not need crypto experience. Messari’s PayFi Ecosystem Report said one in seven people globally relies on cross-border remittances, either as senders or receivers, and that existing systems continue to struggle on cost and speed.
Wallet is already live as listings move ahead
While the PayFi platform remains in its final refinement phase, the Remittix wallet is already available on the Apple App Store. The project describes it as a multi-chain crypto wallet for secure storage, transfers, and asset management. A Google Play version is still under development and is expected later.
On security and market positioning, Remittix said it holds the top CertiK ranking for pre-launch tokens, that its smart contracts have been fully audited, and that the team has completed CertiK KYC verification. Listings on BitMart and LBank have been confirmed, with additional centralized exchange announcements expected before the token generation event.
The project also said 77.98% of tokens have been sold. It reported that 14.4 million RTX remain at $0.13, leaving about $6.1 million in contribution capacity before the current stage closes.