Sheepy provides a cryptocurrency payment gateway that enables businesses to accept various digital assets and manage fiat conversions through a user-friendly API. This solution addresses the need for instant transaction settlements and streamlined payment processes, enhancing cash flow and operational efficiency for merchants.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses face challenges in adopting cryptocurrency payments due to the complexities of managing digital assets, handling fiat conversions, and integrating with existing payment systems. Traditional cryptocurrency payment gateways can be difficult to use, lack essential features, and may not provide the level of security and reliability required for business operations.
Solution
Sheepy provides a cryptocurrency payment gateway designed to simplify the acceptance and management of digital asset payments for businesses. The platform offers a user-friendly API, enabling efficient cryptocurrency transactions, including creating and managing invoices, generating and monitoring addresses, and processing refunds. Sheepy also provides real-time data on exchange rates, network fees, and transaction status, along with options for automatic conversion to stablecoins or fiat to mitigate volatility. The gateway supports mass payouts, customizable invoices, and various integration options, including API, widgets, and e-commerce plugins.
Target Audience
Sheepy targets e-commerce businesses, iGaming platforms, Forex brokers, streamers, influencers, and software developers looking to accept cryptocurrency payments and streamline their payment processes.
Features
- API for creating, managing, and sending invoices
- Tools for generating and monitoring deposit addresses
- Functionality for processing refunds
- Real-time data on exchange rates, network fees, and transaction status
- Automatic conversion of cryptocurrencies to stablecoins or fiat
- Simplified mass payout solution for payroll
- Shopping cart plugins for e-commerce platforms
- Customizable invoices with product details, fees, and taxes
- Support for multiple digital currencies, including BTC, ETH, LTC, BCH, TRX, USDT (ERC-20, TRC-20), USDC, and XRP
- Test mode for API integration without impacting live data