Info Tech: BELUGA PAY-The First Complete Mobile Point Of Sale System

Digital payments are the solution that will provide entry to financial inclusion for these billions of people, That said, financial exclusion still remains, in large part, because most merchants in underserved demographics still deal only in cash.

These micro and small businesses (MSMs) — the local food vendors, gasoline stands, mobile phone kiosks — the lifelines for most people, represent over USD 6.5 trillion in transactions annually. Yet less than 10% of these merchants currently accept digital payments.

BELUGA aims to leverage these new technologies to develop an open source asset transferring platform. By thus providing the tools for small businesses and their customers in developing countries to go digital.

Our mission is to make life easier for merchants

We believe it is possible to have one solution to manage payments for your business, customers and personal life.

Mission

BELUGA’s mission to help the unbanked billions become part of a newer, better, and fairer global financial system. BELUGA will be fully compliant in every jurisdiction it operates in, with strict Know Your Customer (KYC) and AntiMoney Laundering (AML) processes.

Vission

To help the unbanked billions become part of a newer, better,and fairer global financial system.BELUGA will be fully compliant in every jurisdiction it operates in, with strict Know Your Customer (KYC) and AntiMoney Laundering (AML) processes.

How It Works

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 con gurators and Oracles based on the market dynamics.

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

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

03.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.

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

Beluga Payment Data Analytics Big Data is a new and crucial way for small businesses to better know their customers behaviors and patterns. We will build smart solutions to create new revenue streams and grow sales.

BBI Gas for Merchant Deposit Advances

BBI GAS is introduced in the BELUGA ecosystem to provide merchants an attractive and very much needed option to speed up the nancial settlement process after a successful sale is made with credit cards.

BBI Architecture Blocks

intends to support hundreds of dierent cryptocurrencies to add exibility to cryptocurrency holders. The communication between the private and public blockchain is done through REST, JSON or other APIs.

BBI Token Utility

Membership BBI can purchase Beluga Pro membership with advanced analytics and CRM tools.

Factoring BBI is used to increase merchant deposit speeds, from three businesses days, down to one.

Loyalty rewards BBI used for rewards (similar to Air Miles).

BBI Token holders Benefits

Solution Beluga

BELUGA’s solution is a Hybrid Blockchain model where capabilities are on a BELUGA Private Blockchain BELUGAcore platform along with loyalty and AI environment and the Wallets and Token Balances are kept and transferred between addresses at the Public Blockchain level.

Market Opportunity
The financial technology sector is a massive and growing market

There are large incumbent technology companies that serve as good markets for success but have failed to truly provide solutions for merchants in developing countries and solutions for the cryptocurrency market:

BBI Tokensale Details

1.Is held by Canadian company Beluga Inc. The IP will be transferred to a not-for-profit Beluga Foundation with a mission to advance tools and services for the unbanked merchants.

2.Beluga Foundation will incorporate as a not-for-profit in Switzerland or Cayman Islands which are known for IP protection, privacy laws and favorable cryptocurrency frameworks.