Introducing SMARTy Pay

It is possible to say with confidence that blockchain technology, cryptocurrencies, and decentralized finance have firmly been embedded in the everyday lives of average users. A growing number of ordinary people around the world are starting to resort to these instruments along with traditional banking services for storing funds, lending or borrowing money, trading on centralized and decentralized exchanges, as well as for their daily needs. In 2022, the number of people owning crypto wallets will reach a value of approximately 300 million.

As the adoption of cryptocurrencies and related technologies among users increases, many companies are starting to offer their products and services with the possibility of cryptocurrencies as a means of payment. The likes of Amazon and Starbucks, for example, are adopting cryptocurrency payments in their stores in one form or another, and many others are very likely to follow suit in the foreseeable future.

Retail outlets and merchants may encounter numerous hurdles when connecting cryptocurrency payment acceptance options. Therefore, in order to solve this problem as quickly and efficiently as possible, it is reasonable to use ready-made solutions for accepting crypto payments.

One of these solutions is the SMARTy Pay platform, which can be quickly and efficiently integrated with the store’s e-commerce systems. The platform supports a wide range of payment models and is designed to accept payments from different blockchain networks.

SMARTy Pay offers the following core features for accepting payments in cryptocurrencies:

• Billing and payments in cryptocurrencies;
• Direct payments to store accounts (push) without invoices;
• Subscription payments;
• Payouts.

In addition, the SMARTy Pay platform is thoroughly committed to upholding the security of customers’ funds:

• The payment processing logic is entirely implemented on the blockchain in the form of a set of smart contracts;
• Competitors will not be able to determine the turnover of a particular store based on public data available in the blockchain explorer.

In our upcoming articles, we will explore these and many of our other features in greater detail. But for now, we offer our readers to read the materials on our website, including the documentation for developers, and subscribe to our Twitter.

The journey to the world of fast, convenient, and secure payments starts here.