
CrPayment - Just checkout, we'll handle the rest!
With broader crypto support, quicker settlements, and seamless integration into e-commerce platforms, we're reimagining the future of crypto payments for a more efficient and user-friendly experience.
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About
The problem it solves ## Problems of traditional online payment and crypto currency payment ### Traditional online payment vs Crypto currency payment | Aspect| Traditional| Crypto| |------------------|-----------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------| | Convenient| Complexity for a single payment (Add credit card), Complexity of account setup (Paypal,…)| One click payment. No payment account creation| | Transaction Fees| Merchants often pay processing fees per transaction, which can vary based on payment method and transaction volume.| Cryptocurrency transactions may have lower fees compared to traditional methods, especially for cross-border payments.| | Settlement Time| Settlement time is typically longer, taking several business days before funds are available to merchants. | Settlement time can be faster, with some cryptocurrencies allowing near-instantaneous transactions and settlement.| | Privacy| Traditional payment methods require sharing personal and financial information| Crypto payments can offer a higher degree of privacy since transactions are pseudonymous.| | Integration| Well-established and straight forward| Require additional technical expertise and support, as well as regulatory compliance considerations. ### Existing Crypto payment solutions - Support limited kinds of cryptos/ limited chains - Not support browser wallets connection - Hard to intergrate, not support ecommerce platform plugin ## CrPayment We leveraging the benefits of crypto currencies payment over of traditional online payment, while solving existing problem of other existing platform. With broader crypto support, quicker settlements, and seamless integration into e-commerce platforms, we're reimagining the future of crypto payments for a more efficient and user-friendly experience.
How it's made
Challenges we ran into Developing the CrPayment system to support multiple blockchains was a significant undertaking, as each chain possessed unique features and intricacies. This demanded extensive research and the creation of an abstract solution that could cater to the diversity of these chains. By investigating each chain's nuances and intricately integrating them into our system, we ensured a comprehensive and adaptable framework. Additionally, we tackled the challenge of maintaining the integrity of the blockchain through a worker process. This innovative approach allowed us to manage the validation and subsequent inclusion of blocks into the blockchain. This strategic decision was made to proactively mitigate the potential challenge of blockchain reorganization, demonstrating our commitment to a robust and stable system architecture. Frontend, backend, smart contract are developed together with a view to minimize latency and improve user experience. In essence, our approach was grounded in a meticulous understanding of blockchain intricacies and a determination to solve potential issues as well as optimize user experience. This approach not only enhances the reliability of our system but also reflects our commitment to delivering a secure and dependable crypto payment solution