Basal Pay ✈️

@BasalPay_App

Convert your stable assets for QR shopping in Asia. Spend like locals, wordly. #USDT #THB #KRW #VND 🌐 More info: linktr.ee/basalpay

basalpay.com Joined February 2025

37 Following 437 Followers 658 Posts

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Basal Pay ✈️ @BasalPay_App Oct 20

Basal Pay is an app that converts digital assets to VND, piloted in 10 key areas in Da Nang.

1. One-way conversion for payments
2. Not a currency exchange service
3. Using blockchain to enhance transaction transparency
4. Providing real-world data to support policy development

One-way conversion for payments

Basal Pay only supports conversion from digital assets into VND, with no reverse conversion. Conversion takes place when customers scan a VietQR code or make a bank transfer to pay for goods and services at participating merchants within the pilot areas, providing visitors with an additional cashless payment option.

Not a currency exchange service

Basal Pay does not offer cash withdrawals or foreign currency exchange.

Using blockchain to enhance transaction transparency

Basal Pay uses blockchain technology and incorporates Travel Rule requirements in line with FATF recommendations to support transaction traceability, manage risks, and meet anti-money laundering and counter-terrorist financing (AML/CFT) requirements.

Providing real-world data to support policy development

Through the pilot, Basal Pay provides regulators with real-world operational data to help refine the legal framework for digital assets. In doing so, it contributes to efforts to build a transparent financial environment, strengthen Vietnam’s financial reputation, and meet FATF standards.

Basal Pay ✈️ @BasalPay_App 5h

48h in Da Nang: mi Quang in Hai Chau, the Cham Museum and a Han River stroll, then My Khe, Son Tra and a seafood dinner. At accepting locations in 10 pilot areas, #BasalPay lets travelers convert digital assets to VND via VietQR, with AML/CFT safeguards.

Basal Pay ✈️ @BasalPay_App 1d

#BasalPay, Da Nang’s first fintech sandbox, has expanded digital asset-to-VND conversion to 10 key tourism areas, from the airport, Hai Chau, the beaches and Hoi An to Ba Na Hills and international golf resorts. Watch the video on Khoa hoc & Doi song.

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Basal Pay ✈️ @BasalPay_App 2d

Start your Con Market food tour with banh beo and banh bot loc, then a bowl of mi Quang and a sweet che to finish. #BasalPay helps travelers convert digital assets into VND for easier spending in Da Nang, within a licensed pilot with AML/CFT safeguards.

Basal Pay ✈️ @BasalPay_App 3d

From a bowl of mi Quang to local seafood, #BasalPay gives international travelers another way to spend in Da Nang, converting digital assets into fiat currency across 10 pilot areas, from the airport and Hoi An Ancient Town to Ba Na Hills and golf courses.