On the market ICO I have seen offers for e commerce. I hope the Paypex team will be able to quickly implement its development to gain advantages among competitors. I am personally interested in the success of the project, as I am waiting for profit.
Overall, the project has competitors, like most of the products ico. But I think that Paypex development has a number of advantages over main categories of ICO developers. A lot will depend on the marketing strategy and promotions for the first users.