8Pay continues to add new features and services as we strive to develop an industry-leading decentralized application (dApp) for crypto payment solutions.
As part of our continuous development, we’ve undergone a facelift and revamped 8Pay’s homepage to reflect current and future integrations with a slick UI and improved UX so users can learn more about our crypto payment services.
Additionally, 8Pay has increased our dApp’s utility and made it more user-friendly in several ways. The following updates help fulfill these goals as we expand the adoption of 8Pay and build momentum towards the mass adoption of crypto payments.
8Pay’s Autobiller Makes Automatic Billing Easier Than Ever
In the following article we will cover the basics on how to create and perform single and recurring payments through the graphical interface of the 8Pay Web App.
We assume that the end user has previous knowledge about how to use a MetaMask wallet and how to buy BNB tokens to pay gas fees on the Binance Smart Chain.
If you don’t know how to connect the MetaMask wallet to the Binance Smart Chain have a look here.
Login
First of all, to perform the login into the 8Pay Web App it’s required to sign an authorization through the MetaMask wallet…
We’re proud to say 8Pay’s development has been on point. Launching our mainnet on BSC leads this month’s recap as we continue expanding and meeting the goals of our roadmap.
Mainnet Launch on BSC with Polygon and Solana in Test
We’re working hard to develop 8Pay into the number one crypto payments network operating on multiple chains, so while we continue testing our builds on Polygon (previously Matic) and Solana, this week we’re excited to finally launch 8Pay’s mainnet on BSC.
After a successful testnet run, BSC will host the first iteration of 8Pay’s fully functional mainnet as we champion the future of crypto payments on other blockchains as well…
It’s easy to see why we chose Polygon (previously Matic) as the next step to further develop 8Pay’s multi-chain network beyond the Binance Smart Chain (BSC).
As 8Pay works hard to develop the number one platform for automatic trustless crypto payments, building on Polygon’s ecosystem comes as a natural choice for ensuring our continued successful growth.
The Added Benefits of Ethereum Through Polygon
Operating as a scaling solution for Ethereum, the Polygon network shares all the benefits of using Ethereum while avoiding nearly all of its current drawbacks due to the congestion caused by the blockchain’s popularity.
Ethereum has proven itself the reigning king of decentralized finance…
Following the launch of the 8PAY token on BSC, we’ve turned our attention to adding ways to reward and incentivize our growing community. With that in mind, we’re pleased to introduce native staking rewards on the 8Pay platform.
We’re rolling out two forms of staking for 8PAY token holders: single asset and LP. In the case of the former, you can simply lock your 8PAY tokens into the corresponding smart contract to begin earning rewards. …
We spent a lot of time brainstorming what the ideal payment system would look like. That’s probably why 8Pay is on track to becoming the world’s premier service for paying for goods and services with the fastest-growing asset in the world, crypto. Let’s take a look at what the ideal crypto subscription billing and management system looks like and weigh it against 8Pay.
Putting User Safety and Security First
First and foremost, the ideal crypto payment system puts its users’ safety and security above all other concerns. Backed by the immutability and security of blockchain technology, crypto is one of the safest and most secure assets…
8Pay has signed a slew of major partnerships in recent weeks as we seek to become the number one crypto payment network. Here’s a recap on what’s been happening in our world lately in terms of partnership and blockchain expansion.
8Pay Network Expands
The latest integration, with customizable eCommerce giant WooCommerce, has resulted in the creation of a special plugin that lets merchants accept payment via cryptocurrency. Uniquely, the functionality covers both one-off transactions and subscription payments. The most popular eCommerce software for Wordpress, WooCommerce currently runs over 1.5 million active web stores.
Global ecommerce sales are expected to reach $4.2 trillion in 2021, as post-pandemic buying trends continue to strengthen the industry. Based on this eye-watering forecast, the value of ecommerce sales will actually surpass the Gross Domestic Product (GDP) of all but three countries this year — namely the United States, China and Japan.
In summary, international ecommerce is motoring. But that doesn’t mean the industry is capitalizing on every opportunity. Which brings us nicely onto the topic of cryptocurrency, another industry that has surged past the trillion mark in recent months. …
Cryptocurrencies have come a long way in the 12 years since the emergence of Bitcoin, paving the way for digital peer-to-peer payments and financial solutions without an intermediary, secured by cryptography. However, with thousands of tokens to choose from, of varying use cases, there’s an often overwhelming array of digital assets and new terminology to get your head around.
You don’t need a degree in computer science to get started, though. By tackling some of the basics and trying out this new technology firsthand, you’ll gain a solid foundational knowledge of the asset class to build upon.
In this article…
At 8Pay, we are busy building an all-in-one payment protocol fit for the times we live in. One that benefits both consumers and merchants by enabling ultra-fast and convenient recurring and on-demand transactions using cryptocurrencies.
Governance being an integral part of any blockchain let alone a decentralized finance platform, we thought it would be a good idea to talk about how our protocol will be run going forward.
A decentralized vision
The first thing to note is that we are fully committed to decentralization. Eliminating a single point of failure by creating a foolproof open protocol that works for the many, not the…
