In line with the rapidly evolving information & communication technology, and expansion of the blockchain industry, the BANABA-pay aims to break the boundaries between online and offline business transactions. Blockchain and cryptocurrency have unique characteristics that can solve problems related to the accessibility and the reliability of the network. These characteristics can help to establish an open ecosystem where anyone with the Internet can participate through distributed governance, and create an integrated financial space with no online/offline boundaries. Therefore, BANABA will build a developing ecosystem with various legislative institutions and industry experts.
By doing so, BANABA will provide a service that guarantees high sustainability, safety, and reliability.
The BANABA-Pay service is developing under the slogan of 'All payments in the world’
Such as credit card payments, real-time transfer, virtual accounts, mobile phone payments, cash receipts, all payments can be made through a variety of methods, including face-to-face and non-face-to-face payments on PCs and mobiles by installing payment applications.
Besides, Banaba-Pay provides payment API and payment samples. It can build a payment service on a website in an hour, in any development environment such as JAVA, PHP, ASP, Ruby, Python, Node.js, etc.
Convenient payment system
BANABA-Pay supports a global payment system through two media: smartphones and the Internet.
Besides, consumers and shops are paying and paid in a separate application. A convenient payment can be done through scanning QR codes or barcodes such as WeChat Pay and KAKAO Pay.
Various payment methods
Consumers have their right to choose a payment method, and the store must provide an environment that meets their wishes.
BANABA-Pay supports cryptocurrencies, cards, and cash payment.
Besides, it will store consumer’s data in a separate recording API.