BaapPay:processing payment and cryptocurrency streams similar to traditional electronic payment systems.

April 08, 2018

Happy reading...!!!
This time I want to mention a project "BaapPay" that is not important to you, Maybe you've heard the word "BaapPay".
'' You are in the right place, for that Read this article to complete. ''

What is BaapPay ..?
BaapPay is a payment platform designed to work with existing credit card infrastructure, including credit and debit cards, and the use of protocols for processing payments and cryptocurrency flows similar to traditional electronic payment systems.
Multi-tiered payment platform with payment gateway functionality, software for POS terminal and own app store BaapWorId.

The Vision
Bridging the gap between; Merchants, Consumers and Developers
BaapPay is a multi-layered platform which features a payment gateway, point of sale software, and our very own BaapWorld app store. We believe that as cryptocurrency adoption further penetrates businesses and the lives of consumers, there will be a point where; buying, selling, and trading cryptocurrency will be a part of everyday living.

Payment gateway
Our payment gateway is an interface like PayPal that allows merchants to collect fiat or cryptocurrency payments for their goods and services. It also accepts traditional debit or debit card payments for Brick and mortar and ecom

Web Based POS
Merchants will also have access to our free web-based sales system with our payment gateway. POS will allow merchants to integrate fiat and crypto into sales accounting, inventory, loyalty tools and enable them to track employees, use multiple locations and more.

BaapWorld App Store
Our Android-based BaapWorld app store. Devs can download our simple SDKs to create apps that leverage the functionality and consumer of our devices to access their favorite Android apps.

Among the features of the BaapPay project are the following:

Settlements will pass through a special payment gateway - an element of the PayPal interface that will help sellers receive payments in the form of crypto currency or fiat for the services or goods they provide. Also operations with credit / debit cards will be available.
Thanks to the POS interface, each user can access the platform using the Internet.
To date, almost all enterprises can not provide settlements to customers in the crypto currency, which over time can lead to significant business risks. However, the BaapPay system is able to change this.
The system is aimed at introducing crypto currency into everyday life, including being able to interact with credit cards and electronic payment systems.

Liquidity Pool:

Instead of waiting for each transaction to be confirmed by the blockchain, our state channels allow the customer transactions to be funded through a liquidity pool. This removes the need for each payment to be individually written to the blockchain, and makes point of sale purchases instant.

Baap Wallets:

Our unique wallet provides 2 crypto wallets on our platform.

This wallet runs on the cloud and is accessible from any computing device in any location. This wallet will allow you to convert to fiat and vice versa

Customer private key wallet:

In this wallet, only the customer would have access to the private keys. The wallet would be download downloaded and installed on a PC, laptop, tablet or phone.. They are only accessible from the device that they are downloaded on. This wallet could be paired with other devices, using the same private key.

About Tokens

To further advance and promote the platform, BaapPay will hold a token distribution, in which BaapPay will offer 94 million BAAP tokens. Revenue from token sales will be used to promote POS software, intelligent terminal integration, further advancements of cryptographic gateway wedges including two wallets, application gateways and payment gateways to the BAAP token.

NAME: BAAP TOKEN
SYMBOL: BAAP
Platform: ERC 20