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Accepting online payments might be difficult and expensive with traditional methods. With Wirecash, anyone can easily accept crypto payments on their website or mobile app through our APIs and tools. You create an order and our Checkout handles everything for you. It enables accepting 20+ cryptocurrencies on different networks, including Stellar for every one of them.
If you have a physical store and want to accept cryptocurrency payments, but don’t have any experience with APIs or crypto; you can directly request a payment on our dashboard and your customer can access the checkout link via QR code or link.
You can create an invoice to notify your customer about a pending payment. After entering the recipient's details, amount, and due date, the recipient gets an email with a link to the checkout page.
We’re offering a bunch of tools for merchants. A merchant can decide which currency to accept, which one to convert to a stablecoin when it is received, and can also enable auto-approval if the paid amount is lower than a specified percentage threshold and customize checkout with their own brand colors and more.
When auto-conversion is enabled, we will automatically convert your received crypto payment to a stablecoin in real-time, which can eliminate any price fluctuations that may happen in the market. For Stellar payments, we’re using Stellar DEX, and it enables us to access XLM-USDC liquidity in real time.
By becoming an anchor, we are bringing our payment methods to the Stellar network. That means you can deposit BUSD on Binance Smart Chain and receive it on Stellar through Wirecash platform or SEP and vice versa.
We created it for receiving payments like an email. Currently it is only valid on Wirecash platform. Thanks to Stellar federation protocol, we will enable receiving payments through CashID such as yourname*w.cash on the Stellar network too.
Our revenue is based on 2 operations on Wirecash:
Targets:
Threats and opportunities:
The biggest opportunity is we are still in an early stage in crypto payments and it gives us a opportunity to build payment platform of the future.
Complying with local regulators and upcoming regulations on virtual asset service providers and crypto are threats for us.
Our main competitors are traditional and crypto payment processors. We’re doing a few things better:
We aim to reach both online and offline businesses by analyzing them and letting them know how can they increase their sales with alternative payment methods by one-to-one meetings.
For individuals who are selling products and services online, we are planning to reach them through social media such as Instagram by ads and let them know they can get paid through Wirecash easily.
https://developer.wirecash.com
We are a payment processing platform that enables accepting crypto payments for both individuals and businesses. We are a team of three people and we are based in Europe.
Sevcan Avci (sevcan #2612)
Co-founder, Computer Engineer
https://www.linkedin.com/in/s3vcan/
Mert Gonul (row#7500)
Co-founder, Computer Engineer
https://www.linkedin.com/in/m3rt/
Necip Akay (necipfazilakay#6942)
Mobile Developer, Computer Engineer
The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on December 5, 2022 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.
*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on July 5th as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
**The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on December 16, 2021 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
*The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on September 27, 2021 as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
* The USD valuation of the award in XLM is calculated using the CF Stellar Lumens-Dollar Settlement Price on the date of transfer as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR)
*This budget request has not been fully awarded to the project. The USD valuation of the budget request in XLM will be calculated using the CF Stellar Lumens-Dollar Settlement Price on day of payment as administered, maintained, and reported by the cryptocurrency index provider CF Benchmarks Ltd. (using the ticker “XLMUSD_RR”) (available at https://www.cfbenchmarks.com/indices/XLMUSD_RR). Learn more in the SCF Handbook.