BaapPay (BAAP)

BaapPay is a multi-layered platform that integrates both fiat and cryptocurrency payment services for merchants.

Whitepaper

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What is BaapPay

BaapPay is built to work with credit card infrastructure; including credit card and debit and will engage the protocols for payment processing and cryptocurrency flows analogous to conventional electronic systems of payments. Instead of waiting for each transaction to be confirmed by the blockchain, BaapPay's smart contract allows the customer transactions. This protocol removes the need for payment to be written to the blockchain, and makes point of sale purchases instant. BaapPay's payment gateway is a PayPal like interface that allows merchants to collect fiat or cryptocurrency payment for their goods and services. BaapPay will carry the major cryptocurrencies, such as ETH, BTC, LTC, XRP, BCH and our own BAAP Tokens. BaapPay will always be evaluating which cryptocurrencies should be added to our platform, Sellers will be able to add a BaapPay purchase/order button on their websites, and blogs within minutes.

Baap Wallet  (BaapPay 's wallet) runs on the cloud and is accessible from any computing device in any location.

Baap Wallet will allow users to convert from fiat to cryptocurrency and vice versa.

The SPOS Smart Terminal combines all aspects of a sale; register, payment and accounting into one Terminal. It comes equipped with a android-based 5.5-inch capacitive touch screen.

Buyer uses to purchase BaapPay Tokens are not derived from or related to any unlawful activities, including but not limited to money laundering or terrorist financing, and Buyer will not use the BaapPay Tokens to finance, engage in, or otherwise support any unlawful activities

Buyer should not purchase BaapPay Tokens in reliance on the BaapPay Platform because BaapPay Tokens are not usable on the BaapPay Platform and do not entitle Buyer to the BaapPay Platform.