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The Big Daddy of Merchant Payment Platforms, BaapPay, Integrates Fiat and Cryptocurrencies, Announces Token Pre-Sale(March 06, 2018)
BaapPay is a multi-functional and flexible blockchain platform that integrates both fiat and cryptocurrency payments, and has announced its platform token sale.
BaapPay is an end-to-end platform incorporating both hardware and software solutions such as payment gateway, smart payment terminals, point of sale (POS) software, cryptocurrency wallets, their own app store and a liquidity pool to ease payments. Through BaapPay, merchants can receive guaranteed payments in seconds, making buying, selling, and trading in cryptocurrencies a part of everyday life, just like fiat money. The platform supports different currencies, Bitcoin and other major coins such as Ethereum, Litecoin, Bitcoin Cash and Baap.
“BaapPay will revolutionize the merchant experience by providing an integrated, 360-degree platform, with a vision to provide a holistic ecosystem,” says Sukhpreet Singh, CEO of BaapPay.
The BaapPay payment gateway collects fiat and cryptocurrency payments for goods and services, and works with existing debit and credit card systems just like any physical and e-commerce store. The liquidity pool ensures that there is no waiting period for transactions to go through, as the customer payment is funded and hence the point of sale purchase is done instantly. There are two cryptocurrency wallets, the Baap wallet is cloud based and runs on the BaapPay exchange. This wallet can be accessed on any device from anywhere and also allows conversions between fiat and cryptocurrencies. Secondly, a private wallet, where only the user has access to the private keys and is accessible only from devices where it has been downloaded.
The Baap POS is web based, comes free with the payment gateway, and is cloud based, making it accessible from desktops, mobile phone, tables and our smart terminals. Merchants can use the POS to integrate fiat and crypto into sales, accounting, inventory and royalty schemes, track employees and use multi-locations. The smart terminal is an Android-based smart screen with features such as GPS, Bluetooth, barcode scanner, wifi-4G, NFC, chip and swipe payments, and built-in speaker, microphone and thermal printer.?
BaapPay is not merely a payment solution, but brings with it another great feature in the form of its own Android app development environment. As for their App store, developers can build their very own applications that integrate the Baap smart terminal, by using their available SDK – apps which can be uploaded to the Android-based BaapWorld app store.
For more information, please visit: www.baappay.com ?Media Contact
Company Name: BaapPay
Contact Person: Harinder Singh- media relations
Email: [email protected]
Phone: (437) 771-1329?