8.5 Blockchain-Based Payment Gateway (PG) for Billiard Clubs
Overview of Billiards Hub’s Blockchain Payment System Billiards Hub is developing a blockchain-powered Payment Gateway (PG) designed for use across partner billiards clubs nationwide. This hybrid system not only diversifies the platform’s revenue streams but also enhances user convenience by enabling seamless payments using both cryptocurrencies and fiat currencies.
The payment system supports 8BALL tokens, major cryptocurrencies, and can be optionally linked to fiat currencies such as KRW or USD, offering flexible and accessible transaction options for both users and merchants.
1. Payment Methods & Technical Features
1) Payment Methods
Supports payments in 8BALL tokens and major cryptocurrencies
Optional fiat integration (KRW, USD) upon request from participating venues
Mobile-based QR code payments for frictionless transactions
Users can scan a QR code to complete payments instantly
Real-time transaction history accessible via the mobile app
2) Smart Contract-Powered Settlement
Transparent and automated payments processed through blockchain smart contracts
All transactions are permanently recorded on-chain, ensuring immutability and security
Enables real-time transaction monitoring and automated reconciliation between users and merchants
1) Transaction Fee Model
A 2% fee is applied to all transactions processed through the payment gateway
Fees are automatically settled and allocated to support the ongoing development and operations of the Billiards Hub ecosystem
A portion of the collected fees is redistributed as rewards to 8BALL token holders
2) Merchant Benefits
Supports integrated payments in both fiat and cryptocurrencies, expanding the customer base
Free or discounted installation of the payment system during the onboarding phase
Reduced transaction fees for merchants when customers pay using 8BALL tokens
3. Nationwide Merchant Deployment & Operations Plan
1) Billiards Club POS & Mobile App Integration
Deployment of the Billiards Hub payment system across billiards venues nationwide
Seamless integration with existing Point-of-Sale (POS) systems for operational convenience
Dedicated payment terminals provided for newly onboarded partner venues
Mobile App Connectivity
A merchant admin app for venue owners to track transactions and manage settlements
A user-facing app enabling point accumulation, rewards tracking, and transaction history
2) Merchant Expansion Strategy
Initial rollout focused on billiards clubs in key cities across South Korea, Vietnam, and Indonesia
Strategic partnerships with global billiards brands and franchise operators
Marketing and promotional support offered to venues using the Billiards Hub payment gateway
4. Reward System – Driving User Acquisition & Engagement
1) Payment-Based Rewards
Users receive rewards when making payments using 8BALL tokens or BHP points
Bonus cashback is provided for payments exceeding certain thresholds
A VIP tier system is introduced, offering fee discounts and additional incentives based on total cumulative spending
2) Incentives for Merchants & Users
Merchants: Higher adoption of 8BALL token payments results in bonus rewards and recognition within the network
Users: A ranking system based on total spending volume unlocks additional benefits and can be integrated with the broader A2E (Action-to-Earn) model
5. Fast & Secure Transaction System
1) Transparency Through Smart Contracts
All payment transactions are automatically recorded on the blockchain, ensuring immutability and resistance to tampering
In case of disputes, automated validation via smart contracts provides a trustless resolution mechanism
The streamlined settlement process ensures operational stability and payment reliability for partner merchants
2) Global Scalability
Support for multiple cryptocurrencies enables seamless implementation across international markets
Integration with local fiat currencies facilitates expansion into both online and offline payment infrastructures globally
6. Expected Outcomes
✅ For Users
Earn rewards when making payments with 8BALL tokens, increasing the incentive to hold and use tokens
Convenient, fast QR code-based payment system improves overall user experience and transaction efficiency
✅ For Partner Merchants
Drive new customer acquisition, including users from the Web3 ecosystem
Receive additional benefits as the share of 8BALL-based transactions increases
✅ For Ecosystem Growth
Establish an innovative model that combines traditional sports infrastructure with Web3 payment systems
Seamlessly integrates with the P2E model, allowing users to earn from both gameplay and payments—maximizing user engagement and retention
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