[ANN][Pre-ICO coming]BlockPay - Point of Sale - Accept Any Crypto at Zero Cost

[Chris4210]

We moved and changed our name to Payger. Latest updates will be published in a new thread regarding Payger. You find all the information about Payger - payment + messenger: https://bitsharestalk.org/index.php/topic,25845

[Chris4210]

When do you expect your Pre-ICO to be? I like what you are doing and I would like to invest 

Hi Dr.Reefer,

we will soon publish more information about the pre-ico.

best regards,

Christoph

[DrReefer]

When do you expect your Pre-ICO to be? I like what you are doing and I would like to invest 

[Chris4210]

The BlockPay CEO Christoph Hering made up this quick little video showing off some of the things that a BlockPay merchant and their customers can get. Rodrigo Crespo is the CMO and heads up the BlockPay Ambassadors Program, a way for anyone to get passive income from BlockPay. More merchant and customer testimonies will be posted to our youtube channel starting next week.

https://steemit.com/crypto-news/@kenCode/blockpay-here-is-the-blockpay-ceo

[Chris4210]

In most countries, digital currencies like Bitcoin are handled like cash payments. So business has to pay their VAT no matter what. But that is not our topic. The Business can export every transaction to .csv file or print the eReceipts for their tax accountant.

[hammurabi]

You'll need to fill their taxes for them. Or convince tax departments around the world to accept taxes in bitAssets. lol

Good point, but that surely depends on particular country.

There are many fiat processors and they hold your money. For example in Poland we have many tiny payment agencies and they are surely to small to be seen as "banks" or "money transmitters".
The other idea is to treat bitAsset as token of "money while in transit".  I suspect there are no limits on how looooong does it take to settle the fiat wire transfer.

[yvv]

Similar to coinbase, I suppose.
Customer pays with crypto of his choice while BlockPay converts that payment on the fly to the merchant's account.
No need for the merchant to learn much about it.

Correct me if I am wrong: )

At the beginning, every merchant just will receive their funds in BitAssets on their own BitShares account. BlockPay and BitShares Munich will not exchange the funds into Fiat yet. A full gateway service is on our timeline.

We want to build a very simple web wallet, where the merchant can choose a gateway, transfer the funds to the gateway, and get paid in fiat. If they wish.

But that would be the worst situation. We would like to create as many incentives for merchants to actually stay on the DEX and spend the funds for other services (like marketing, hosting, consulting) or products and pay in digital currencies again! It is our vision to create a circle with digital cash. A Merchant who chases out is really the worst case scenario. What are your ideas? What services could we offer to merchants?

You'll need to fill their taxes for them. Or convince tax departments around the world to accept taxes in bitAssets. lol

[Chris4210]

Similar to coinbase, I suppose.
Customer pays with crypto of his choice while BlockPay converts that payment on the fly to the merchant's account.
No need for the merchant to learn much about it.

Correct me if I am wrong: )

At the beginning, every merchant just will receive their funds in BitAssets on their own BitShares account. BlockPay and BitShares Munich will not exchange the funds into Fiat yet. A full gateway service is on our timeline.

We want to build a very simple web wallet, where the merchant can choose a gateway, transfer the funds to the gateway, and get paid in fiat. If they wish.

But that would be the worst situation. We would like to create as many incentives for merchants to actually stay on the DEX and spend the funds for other services (like marketing, hosting, consulting) or products and pay in digital currencies again! It is our vision to create a circle with digital cash. A Merchant who chases out is really the worst case scenario. What are your ideas? What services could we offer to merchants?

[Chris4210]

Gotta love the dogecoin image.. and "Merchants can even take Dogecoin!".



How is OPENPOS (the token) faring in the middle of all this? Is it still the token that will reward the hodler with a portion of transaction fees?

If so, how are those fees to be paid (BitUSD?), and is any action on the side of the hodler necessary, or your systems will figure out how much and to whom automatically?

Originally OPENPOS holders were suppose to receive 50% of all fees generated from the Oodoo pos systems.  I would think this would have to be figured out and distributed manually.

Ken has talked about OPENPOS holder getting a stake in his newly forming company, which I believe is Bitshares Munich, but was still looking into the legal ramifications of doing this.  Not sure what the status is for this though.

Looks like things are going well, but it definitely would be nice to know what the line is between this new ICO, OPENPOS, and Blockpay.

I have created a special package for our early adopters and OPENPOS holders. I will announce more info in the next couple days.

[hammurabi]

Similar to coinbase, I suppose.
Customer pays with crypto of his choice while BlockPay converts that payment on the fly to the merchant's account.
No need for the merchant to learn much about it.

Correct me if I am wrong: )

[yvv]

BlockPay allows any merchant (retail, grocery chains, restaurants, vending machines, petrol stations, kiosks, etc.) to accept one or more digital currencies at zero cost!

The problem is that merchants don't want to accept "digital currencies" since it creates the whole bunch of problems with regulations for them. Merchants want to accept local fiat money. The reason why you can pay with bitcoins in a bunch of online stores is because companies like bitpay convert bitcoins into fiat such that merchant doesn't need to touch any bitcoins. How is BlockPay going to get around this problem?

From my early understanding,
merchants won't even be knowing what the customer is doing. Probably just thinking its just another visa or whatevercryptosomethingCard. He receives fiat.

If this is true, this is super cool. But how?

[hammurabi]

BlockPay allows any merchant (retail, grocery chains, restaurants, vending machines, petrol stations, kiosks, etc.) to accept one or more digital currencies at zero cost!

The problem is that merchants don't want to accept "digital currencies" since it creates the whole bunch of problems with regulations for them. Merchants want to accept local fiat money. The reason why you can pay with bitcoins in a bunch of online stores is because companies like bitpay convert bitcoins into fiat such that merchant doesn't need to touch any bitcoins. How is BlockPay going to get around this problem?

From my early understanding,
merchants won't even be knowing what the customer is doing. Probably just thinking its just another visa or whatevercryptosomethingCard. He receives fiat.

[天籁]

 

[ripplexiaoshan]

An exciting project!   I have forwarded it to http://aboutchain.com/forum.php?mod=viewthread&tid=5630 , if you don't mind.

[yvv]

BlockPay allows any merchant (retail, grocery chains, restaurants, vending machines, petrol stations, kiosks, etc.) to accept one or more digital currencies at zero cost!

The problem is that merchants don't want to accept "digital currencies" since it creates the whole bunch of problems with regulations for them. Merchants want to accept local fiat money. The reason why you can pay with bitcoins in a bunch of online stores is because companies like bitpay convert bitcoins into fiat such that merchant doesn't need to touch any bitcoins. How is BlockPay going to get around this problem?

[lil_jay890]

Gotta love the dogecoin image.. and "Merchants can even take Dogecoin!".



How is OPENPOS (the token) faring in the middle of all this? Is it still the token that will reward the hodler with a portion of transaction fees?

If so, how are those fees to be paid (BitUSD?), and is any action on the side of the hodler necessary, or your systems will figure out how much and to whom automatically?

Originally OPENPOS holders were suppose to receive 50% of all fees generated from the Oodoo pos systems.  I would think this would have to be figured out and distributed manually.

Ken has talked about OPENPOS holder getting a stake in his newly forming company, which I believe is Bitshares Munich, but was still looking into the legal ramifications of doing this.  Not sure what the status is for this though.

Looks like things are going well, but it definitely would be nice to know what the line is between this new ICO, OPENPOS, and Blockpay. 

[karnal]

Gotta love the dogecoin image.. and "Merchants can even take Dogecoin!".



How is OPENPOS (the token) faring in the middle of all this? Is it still the token that will reward the hodler with a portion of transaction fees?

If so, how are those fees to be paid (BitUSD?), and is any action on the side of the hodler necessary, or your systems will figure out how much and to whom automatically?

[kenCode]

I am so happy that we are FINALLY getting BlockPay out there
 
Chris is having some success with this on steemit too:
https://steemit.com/blockpay/@Chris4210/ann-blockpay-point-of-sale-accept-any-crypto-at-zero-cost

[Chris4210]

BlockPay - The New Payments Era



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Welcome to BlockPay - The New Payments Era

BlockPay allows any merchant (retail, grocery chains, restaurants, vending machines, petrol stations, kiosks, etc.) to accept one or more digital currencies at zero cost! BlockPay is an easy, fast & cost-efficient platform that supports all of the new digital currencies (like Bitcoin, Steem, Ethereum, Dash and Smartcoins) plus regular debit, credit, and gift cards. BlockPay runs standalone (App) or integrated (e.g. Odoo) with existing systems, and is available worldwide in 44 languages.

With just a couple taps, the merchant provides the amount due to the customer. The customer uses their Wallet of choice to instantly pay via QR Code or NFC. BlockPay sends the eReceipt automatically to the customer's phone, along with any Loyalty Points earned.

 
From customer to customer, just 8 seconds on average. Faster and safer than cash, it's another path to profits!




4 Good reasons why you should use BlockPay in your business



Did you know that the BlockPay point of sale systems add an extra layer of anonymity to Bitcoin users? Bitcoin payments to a BlockPay system are mixed, cross Blockchain and super hard to track!

Read more about BlockPay and you will love it!

-	BlockPay is the first universal point of sale system, supporting all major digital currencies!
-	BlockPay works with all of your favorite Bitcoin, Ethereum, and Altcoin wallets
-	BlockPay supports +44 languages including Chinese, Hindi, and Arabic!
-	BlockPay has an automated reward and loyalty system in place
-	BlockPay stores the funds on the Graphene blockchain in segregated, decentralized merchant wallets, automated settlement coming to your bank
-	BlockPay is for free for merchants, no hidden fees - period!
-	BlockPay automatically protects merchant from digital currency volatility and protects their margins
-	BlockPay provides you with a detailed eReceipt for your account and tax reporting
-	BlockPay sends eReceipts (sent to customer as pdf via QR code or NFC)
-	BlockPay uses secure v10 QR Code technology

BlockPay is 99% finished!
We are now entering the closed alpha and started pilot projects with a few selected partners. We developed several options for our merchants so far and plan to offer merchants an easy plug & play integration into their ERP software and business routine. We are planning to raise additional funds for the continued development and additional integrations into the leading ERP & point of sale systems like Lightspeed, Erply, and Shopkeep.

BlockPay will be soon download able by thousands of companies worldwide and rapidly grow in popularity and user adoption. The BlockPay team is negotiating with leading industry partners in the retail, grocery, petrol and restaurant industry to provide a fresh new payment experience through the exciting BlockPay network!

Please follow us on social media for our latest developments and the official launch of BlockPay! Our Twitter and Facebook

-	Launching a Pre-ICO for BlockPay
-	Unite all crypto communities, we support your coin!! Merchants can even take Dogecoin!
-	Integrate BlockPay into OEM at manufacturers
-	Integrate BlockPay into leading ERP and point of sales systems
-	Introduce free API for developers and businesses
-	Introduce Merchant digital currency Debit/Credit cards to consume funds from Merchant digital wallet
-	Launch global withdraw network. Withdraw your funds via bank transfer or in cash worldwide

BlockPay is developed by BitShares Munich and we are preparing the legal groundwork for a future crowd sale. We are tired to see so many great communities struggle to bring their solution to the market, failing to negotiate with retail stores to somehow accept their Peercoin or Litecoin as payments. We want to help all of you and provide every community access to the free BlockPay platform so that you will be able to pay in your favorite store with any crypto currency.



a) For Merchants
BlockPay is for free for all merchants. No merchant fees or monthly subscription.

b) For Consumers
Consumers pay the small network fee of 0.5% every time they use a BlockPay terminal and cover the currency exchange fees.
Both fees (usually under 3 cents) is added to the requested payment.

Ok so why should the consumer cover all the fees?

-	Earn additional loyalty and reward points with your favorite brands
-	Earn extra cash back or get discounts for paying with digital currencies
-	Pay with your favorite digital currency with every supporting merchant
-	Pay pseudo-anonymously at every supporting merchant, Digital currencies are harder to track
-	Paying digital is fast, easy and safe. No counterfeit, chargebacks or identity theft
-	Using digital currencies adds extra security to your shopping experience

How much would you pay for higher security, privacy and anonymity? Send us feedback here : Feedback@blockpay.ch



BlockPay is integrated in Odoo 9!
Over 60,000 Odoo businesses on 5 continents can now accept your digital currencies thanks to BlockPay!!





BlockPay has been added as an additional payment option to over 60,000 businesses thanks to the Odoo ERP & point of sale systems. Every merchant will be able to accept any kind of digital money payments with a simple update! No new hardware required, no monthly fees or new subscriptions. Contact us if you want to learn more about Odoo and if you want to use Odoo ERP & POS in your business too!

BlockPay will soon be available as a free payment solution for Android devices too!!
Download the BlockPay app, set up your merchant accounts and immediately start accepting digital money in your store for free!

You are ready to go within a few minutes! Add digital money to our payment mix and say “Hello” to new customers from all over the world.

BlockPay will soon be available on the Android app store for free!

-	Providing instant conversion in price stable Smartcoins (!) to protect merchants margin
-	No counterfeiters risks for merchants
-	No chargebacks or rolling reserves
-	Capturing and cataloguing valuable customer insights
-	Stealth transactions to protect your stores’ transaction history against competitors *
-	Total control over your private keys and passphrase in your BlockPay system

*coming soon

We will add more currencies in the future. Contact us!

-	USD
-	CNY
-	EUR
-	CAD
-	ARS
-	BTC

Don't see your favorite local currency listed? Contact us!



You like our idea and you want to pay with your currencies at your favorite store?
Join our global Ambassador program and promote BlockPay to your local communities. Reach out to businesses, stores, restaurants, hotels and support us to build a global network for digital payments.
We are offering a unique sales commission for each BlockPay installation. Start earning money and promote BlockPay.
Earn up to 15% in sales commision for each BlockPay installation. We share the transactions profits with you!!
Please contact Rodrigo@blockpay.ch to join the Ambassador program.




You like our idea? You want to earn a few bucks and support the BlockPay network? Set up your own FREE LiqBot trader for your preferred currencies!! BlockPay offers in cooperation with “Martitus” a free and powerful trading bot for the BitShares Blockchain!!

1.	Download the trading bot
2.	Add liquidity to your bots reserve and
3.	Set the prefered trading markets. The bot will run full automatically and trade in your favorite markets. Everybody can help and earn a potential  profit in providing a deeper liquidity and tighter spread for everybody

Please contact us here for further feedback for the LiqBot.[/size]



BitShares Munich is a FinTech / Blockchain development company from Munich Germany. We are developing point-of-sale and mobile payment software based on modern Blockchain technologies. We are passionate Blockchain enthusiasts and want to provide easy to use software for everybody.
Contact us for more information: Info@bitshares-Munich.de

Resources/Community

Translations
Please PM me for a translation bounty. I am looking especially for Chinese, French and Spanish translations.


killerjoegreece: BlockPay in Greek
barnes13: BlockPay in Indonesia


Website · General FAQ · BlockPay SubSteem · TWITTER · FACEBOOK · YOUTUBE

Support email: Christoph@Blockpay.ch and ask for chris4210