The chart above describes how a bas

The chart above describes how a basic crypto shopping payment processoccurs on CPTL. Any online shopper who wishes to buy items from retailersusing their CPTL token may do so by sending funds from their CPTL wallet.This goes to the seller’s point-of-sale system (POS). This is connected to theshopping payment gateway, which is an API that is integrated with eachmerchant within the CPTL ecosystem. For those that want to use CPTL onlyfor their websites, they may do so by installing the plugin version of the API.Conversion from fiat-to-crypto and crypto-to-crypto happens in the API orthe plugin. Rates will be updated frequently to match those from legitimatecryptocurrency data sites.Once the API has processed the payment conversion into the desired assetclass, the payment will be sent to the wallet address of the shopping mall.The network will take a minimal amount for processing the request.Page | 19CPTL has a suite of fintech solutions dedicated to online shopping pay-ments. Each of these are described below.CPTL Shopping Payment Gateway (API)The CPTL Shopping Payment Gateway is the primary project and offering ofCPTL. It will be an open-source application programming interface (API) thatintegrates data from different shopping store servers. Online shops thatoriginally do not accept cryptocurrency as payment can use the API to pro-cess these transactions.The API will process the conversion of fiat money to cryptocurrency and viceversa. For those merchants that have a special preference for a specificcryptocurrency, the API will also make automatic conversions from cryp-to-to-crypto. Conversion rates will be aggregated from a number of legiti-mate cryptocurrency data sites like CoinMarketCap and CoinGecko. More-over, shopping mall owners will also be able to produce a report of transac-tion histories, as these data will be stored on the blockchain.Aside from browser sites of online shops, the API will also be made avail-able for their mobile app versions.