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This domain name could be well suited to a banking or loans company.
PayProved has nine letters and only two syllables. Two-syllable names are exceptionally rare and extremely prestigious. Leading companies using two syllable names include Sony, Hilton and Honda.
Payproved.com is a dot-com domain. Dot com domains are synonymous with websites. Once secured, a dot-com all but guarantees no-one else can outrank you for your own name in the long run.
One suggestion for how this name could sound when used.