Beluga Pay — to make life easier for merchants

Stan Kewl
4 min readNov 20, 2017

I would like to present a new ICO and crypto project — Beluga Pay

I can´t say that this project is unique by it structure and idea. We have seen already many project that propose points of sales, cashbacks or points for purchases.

But, Beluga Pay at the moment is the only who proposes everything in one package. Moreover, Beluga Pay got already VISA and MasterCard certification, that is a huge PLUS if you compare to others.

And already over 200 merchants using Beluga Pay´s platform and recently: Mexico’s state-owned petroleum company PEMEX, will accept Ethereum at participating gas stations starting December 1st, 2017 using Beluga Pay platform. (PEMEX — was the world’s second largest non-publicly listed company by total market value (in 2006)) [ https://en.wikipedia.org/wiki/Pemex ] https://twitter.com/twitter/statuses/928622043012136962

But what exactly doing Beluga Pay, it could be found via mission — Our mission is to make life easier for merchants. And this is divided in to 4 structures:

1 — Beluga Point of Sale — A robust mobile app to accept debit, credit and crypto for small businesses. Manage customers and grow with actionable analytics.

2 — BELUGA Restaurant Edition — A tablet app to manage servers, tables, orders and food menu. Streamlined to even print out incoming orders for the kitchen.

3 — Beluga Peer 2 Peer — An easy to use mobile app to initiate peer 2 peer transfers with friends. Send via credit, debit or crypto and deposit the next day to your bank account.

4 — Beluga Payment Data — Merchants can purchase data with BBI tokens to see anonymized spending patterns from their ideal look-alike customers.

But how it will work? It could be explained in 8 points:

  1. 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.
  2. Consumer makes payment for the product or service using Fiat Currency (ex. $USD) or Crypto currency (Bitcoin, Ether or BBI).
  3. If the payment is made using a credit card in Fiat Currency, the merchant can decide to use BBI tokens in order to receive an Instant Merchant Deposit* instead of having to wait the traditional two working days for the settlement to occur.
  4. 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.
  5. 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.
  6. Loyalty points can be redeemed when the consumer or merchant collect enough points.
  7. Loyalty points are redeemed in the form Fiat currencies or BELUGA’s BBI crypto currency or other cryptocurrency.
  8. The ratio of points with currencies is calculated using built-in con­gurators and Oracles based on the market dynamics.

As well Beluga Pay propose Loyalty rewards (similar to aviation air miles) BBI Token holders will earn 0,5% of all transactions + extra multiplier for holding more than:

1,000 BBI = 1.25

10,000 BBI = 1,5

25,000 BBI = 1,75

50,000 BBI = 2

All that is good bonus to hold BBI tokens and get dividends.

And, most important thing — ICO. At the moment Beluga pay is on Pre-Sale stage (till 01 December 2017 — https://www.belugapay.com/tokensale.jsp), participations in pre-Sale will grant you 20% bonus, so it is a perfect opportunity to gain BBI tokens. If you will miss it, ICO will start 14 December 2017 and Ends 31 January 2018. Tokens are planned to be released & trading will begins 01 February 2018.

1 BBI token is equal to 0,003472222222 ETH (if ETH = 350$ — aprox. 1.21$) and is ERC20 token, so you can use yours ETH wallet to keep it.

Resume: I would suggest to take a look at this project, and hold tokens if you decide to buy. Tt definitely will be profitable, moreover you will earn loyalty point for holding BBI.

YouTube review of How it works: https://www.youtube.com/watch?v=OlbPK6Q_FX8

Beluga Pay website: https://belugapay.com/

Whitepapers: https://belugapay.com/assets/beluga_whitepaper_V9.4.pdf

Author: https://bitcointalk.org/index.php?action=profile;u=1050687

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