What is bePAY Finance?

bePAY Finance is a decentralized finance protocol established to offer a Buy Now Pay Later (BNPL) service through blockchain technology. The platform aims to facilitate cost savings for participants by leveraging smart contract technology and blockchains, targeting both e-commerce and in-store solutions for shoppers and merchants.

The native utility token, bePAY, serves as a governance mechanism for the protocol. It will be distributed broadly among users, merchants, and marketplaces, promoting a rewards program that benefits all ecosystem participants. Specific details regarding the supply cap and technical architecture were not disclosed.