[CASE 1. Offline Merchant using NUPay Pre-Paid Card]
( Rate at the moment of transaction : 1 XRP = $0.5, 1 TPCT = $1)
1. Alice owns a convenient store which accepts cryptocurrency as a payment money by installing NUPay payment system.
2. On his way to work, Peter stops by Alice’s convenience store to quickly grab some bread and milk for breakfast.
3. He wants to pay with his NUPay debit card. The total is $10.
4. He has 20 XRP and other cryptocurrencies including TPCT Tokens in his NUPay Wallet.
5. Alice takes NUPay Card from Peter and transacts $10.
6. For the bread and milk that Peter wishes to purchase, NUPay Wallet exchanges 20 XRP to $10 at the market price to execute the payment. As a result, $10 is delivered to Alice.
7. Peter receives a push message from NUPay Wallet which says 20 XRP has been paid and his NUPay Wallet is credited with 0.2 TPCT in return.
8. Peter has already saved up many TPCTs from frequent uses of NUPay App.
9. Peter is contemplating what he should do with his collected TPCTs.
10. More customers are using their cryptocurrencies via NUPay at her store but it does not bother Alice because she receives the payment in fiat money as the NUPay system executes real-time exchange.
[CASE 2. Online Merchant — Online payment using Smartphone]
( Rate at the moment of Transaction : 1 TPCT = $1)
- Peter is a frequent NUPay user and he already has 1000 TPCT in his NUPay Wallet.
2. Henry is starting a new online shopping mall and decides to install NUPay system.
3. Peter visits Henry’s new online store and adds $1000 worth of cloths in the shopping cart.
4. Peter checks out and selects “NUPay” that appears in the transaction window.
5. Peter receives a push message from NUPay App notifying him that 1000 TPCTs has been transacted and 20 TPCT is credited to his Nupay Wallet in return.
6. Peter is very content with the reward he received from his last transaction even though he has used all the TPCTs he owned.
7. He is glad that he has installed the NUPay and looking forward to see his new business grow.
