"I am a huge fan of Crypto fans, cryptocurrency investors and entrepreneurs, and this is my basic understanding of the current solution that makes me aware of the gap between what is available and what the business owner needs in order to combine both and crypto in day-to- day they make sense. "Said Sukhpreet Singh, CEO of BaapPay, BaapPay was created from that need.
The payment platform is built to work with existing credit card infrastructure; including credit / debit cards and will use payment processing protocols and currents for cryptography similar to traditional electronic payment systems. Their belief is that this approach should enable easier and faster adoption of cryptocurrency as the primary payment platform, which in turn gives traders a higher level of convenience to accept any payment method presented to them by customers.
Looking deeper into the platform, BaapPay's payment gateway works just like PayPal's online interface, but integrates fiat and crypto. It also allows users to have access to two wallets, BaapPay's cloud-based purses and personal wallets, where only users have access to a private key. Merchants who choose to adopt platforms in their physical location will have the option to use "SPOS", a smart payment terminal that is an android-based 5.5-inch capacitive touch screen terminal with GPS, Bluetooth, barcode scanner and host. from other features The terminal can be integrated with the Baap sales software, which directly processes crypto and fiat payouts, converts between currencies, and tracks crypto streams through their business as it relates to sales, accounting, inventory, and employee activities.
As for their App Store, developers can build their own applications that integrate the intelligent Baap terminal, using available SDK apps that can be uploaded to the Android-based BaapWorld app store. Since most business models are focused on mass adoption, BaapPay wants to ensure that their platforms are easy to use, flexible, and easy to customize, and drive innovation within the BaapPay community.
Pre-sale: March 1 - Mar 20
Further information
Website: https://baappaytoken.com/
Whitepaper: https://baappaytoken.com/#whitepaper
bitcointalk profile:
https://bitcointalk.org/index.php?action=profile;u=1756410
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