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. …

8Pay is a DEFI platform for automatic trustless crypto payments. It operates on the Binance Smart Chain network and it is currently under testing ahead of its mainnet launch. In this short guide, we’ll explain how to acquire 8PAY testnet tokens and use them to see the power of 8Pay’s smart payment protocol in action.

1. Make sure to have MetaMask installed. If not, download it from https://metamask.io
2. Go to https://app.8pay.network/login and log in with MetaMask, by clicking “Unlock with MetaMask”

Since our Demo is deployed on Testnet you need to connect your Metamask to to the Binance smart chain Test…

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…

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…

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.

As you know, 8Pay will soon launch its mainnet on…

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…