8Pay Brings Fiat Capabilities to Crypto With Automated Payments

How 8Pay Works

  • One-time — Such as single payment e-commerce transactions.
  • Fixed-recurring — Such as subscription services like Netflix, allowing for payments of the same amount at regular intervals.
  • Variable-recurring — Such as utility bills, allowing for variable payments at regular intervals.
  • On-demand — Such as ad hoc services like Uber, allowing for payments of differing amounts at random intervals.

How 8Pay Benefits Consumers and Businesses

Consumer Benefits

  • Consumers can set up one-off or recurring stablecoin, BNB, or any BEP20 token payments from an intuitive and familiar web or mobile application.
  • Consumers enjoy the fast transaction speeds, low fees, security, and global accessibility of the Binance Smart Chain and other EVM-compatible chains.
  • Consumers retain control over their funds at all times, managing, tracking, and requesting non-custodial payments from the platform without depositing tokens, sending transactions directly peer-to-peer from their own wallets.
  • Consumers will also be able to lock native 8PAY tokens using the platform to receive staking rewards from a proportional share of the fees generated by the protocol.

Business Benefits

  • Businesses can customize, request, and manage one-off or recurring stablecoin or other token payments for goods and services directly from the 8Pay web or mobile application, with multi-chain asset accessibility being rolled out over time.
  • Businesses can embed buttons or QR codes in their own applications with ease, connecting via 8Pay’s API to access more advanced payment features.
  • Businesses also enjoy the fast transaction speeds, low fees, security, and global accessibility powered by Binance Smart Chain and other EVM-compatible chains.
  • Businesses can retain control over their own funds without the need for a trusted intermediary and associated high fees or the threat of losing access to payment services. All transactions are made directly and transparently peer-to-peer, avoiding buyer and seller disputes.

8PAY Token Goes Live on Binance Smart Chain and Ethereum

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8PAY

8PAY

8PAY is an all-in-one payment protocol that enables quick and simple recurring transactions with digital currencies.