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| Source: https://www.facebook.com/BelugaPay/ |
Today when look at service providers like Beluga Pay we are looking at a system which hands over digital payment power to small and big merchants. It is basically a white label payments app for Pioneer which basically is a part of the Dupont Company. It basically is a mobile point of sales setup. It’s a tool which allows us to strengthen the payment options for farmers and even others.
How It Works
Consumer buys a product or consumes a service from a merchant using one of our products. For example a customer orders food in a restaurant
using BELUGA’s Restaurant Edition Application.
Consumer makes payment for the product or service using Fiat Currency (ex. $USD) or Crypto currency (Bitcoin, Ether or BBI).
If the payment is made using cryptocurrency, the settlement process is initiated and the payment to the merchant in the form of the respective cryptocurrency is transferred instantly.
Loyalty points are accumulated for consumers on every purchase of a product and service. Loyalty points for merchants are accumulated on every sale of a product and service.
Loyalty points can be redeemed when the consumer or merchant collect enough points. Loyalty points are redeemed in the form Fiat currencies or BELUGA’s BBI crypto currency or other cryptocurrency.
The ratio of points with currencies is calculated using built-in configurators and Oracles based on the market dynamics.
What Does The Future Look For Them
The company which has a strong tie up with Espiralapp.com and it uses its IP, partnerships, technology and also makes use of their team and licenses. When it comes to their services, they will soon be coming out with ICOs or Initial Coin Offerings. This is a convenient and easy way for startups for the purpose of raising funds. It also will help build a great community of supporters. It also would be pertinent to mention that the company has raised funds from families and also from other institutions. When an entity becomes the owner of these ICOs, they can use for memberships, and they also can earn around 0.5% on all transaction fees. It also allows them to make payment at gasoline filling stations, and also become eligible for various other earnings and loyalty rewards.
A Look At The Evolution of This Service Provider
Beluga has been named after the famous Beluga whale which is considered to be extremely smart and social animals. The product and services which are coming out from the stables of this company are totally in line with the traits and behavior of this whale. This is a company which is incorporated in Canada. The company has operations in a few countries like Mexico, Canada, India, United Kingdom and Latvia. However, most of the developers and technicians work from their office at Guadalajara, Mexico.
Who Are Being Served By These Customers
Over the few years many government organizations and Fortune 50 companies are attached with this company. A visit to their website or by sending an email you would be able to know more about the product and services that they offer.
Some Useful Points
Since this is perhaps going to be a big move forward as far as digitalized payment systems are considered, it would be pertinent to have a look at a few more bits of information about Beluga: It is possible to have a live walk through of the products. A mail requesting such a walk through is all that you would require. The token that is proposed would be ERC-20 compliant. In other words it adheres to the common list of regulation and rules that each and every Ethereum tokens have to follow. While BTC can be used to make the purchase before presale, it may not be possible for long term. The token sale will start on December 1, 2017. If there are any unsold tokens, the same will be burnt.
Token Details
Token: BBI
PreICO Price: 1 BBI = 0.003472222222 ETH
Bonus: Available
Platform: Ethereum
Accepting: ETH
Country: Mexico
BELUGA Point of Sale, BELUGA Restaurant Edition, BELUGA Peer 2 Peer and BELUGA Payment Data suite platforms will enable transactions in Fiat and Crypto currencies. You can buy or sell your products and services in Fiat and before. All of our platforms are made to run on a common BELUGA Blockchain in order to give a uniteed experience to Crypto currencies in Beluga more efficiently than ever merchants and to make their life easier.
Well that's a glimpse of explanations and reviews about Beluga. In essence, Beluga can set up a roadmap to drive digital payment mode. If done, it may allow billions of people to enter under the umbrella of digital banking and network payments. May be useful!
Official Link Information
Website: http://www.belugapay.com/
Whitepaper: https://belugapay.com/assets/beluga_whitepaper_V9.4.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=2270648.0
Facebook: https://www.facebook.com/belugapay
Twitter: https://twitter.com/BelugaPay
Telegram: https://t.me/belugapay
Author: Bredd6767
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1204015
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