Paywong provides a crypto payment gateway that utilizes smart contracts to facilitate fast transactions, allowing businesses to accept over 70 cryptocurrencies from more than 100 wallets. This platform simplifies the integration of crypto payments into existing systems, enabling businesses to manage their transactions and funds efficiently from a single dashboard.
Funding
$350K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many businesses face complexities when trying to integrate cryptocurrency payments into their existing systems. The process can be technically challenging, requiring specialized knowledge and potentially leading to inefficient transaction management across multiple platforms.
Solution
Paywong offers a crypto payment gateway designed to simplify the acceptance of over 70 cryptocurrencies from more than 100 wallets. By utilizing smart contracts, Paywong facilitates fast transaction processing, typically around 5 seconds per transaction. The platform provides tools to customize the checkout experience, integrate payments into existing websites and apps via API or plugins, and even create payment links without code. Businesses gain full control over their funds, with options to hold cryptocurrency, swap between currencies, or convert to fiat.
Target Audience
Paywong primarily targets businesses looking to integrate cryptocurrency payments into their operations, including e-commerce stores and other online platforms.
Features
- Acceptance of over 70 cryptocurrencies from 100+ wallets.
- Fast transaction processing via smart contracts, averaging 5 seconds per transaction.
- Customizable checkout page to match e-commerce stores or brand aesthetics.
- API and plugins for seamless integration with existing websites and applications.
- No-code payment link creation for businesses without websites.
- Built-in Paywong wallet and compatibility with existing user-owned wallets.
- Options to hold cryptocurrency, swap currencies, or convert to fiat.
- Real-time analytics dashboard to track balances and recent transactions.
- Exportable payment records in CSV or PDF format for accounting purposes.
- Immutable transaction records viewable on the blockchain.