DePay will provide Shopify merchants the ability to allow buyers to send direct payments to store owner wallets with tens of thousands of accepted tokens on supported blockchains. And now announcing DePay Integration with Shopify.

Swiss Web3 payment startup DePay announced today their official integration into omnichannel commerce platform Shopify, allowing for the very first integration of a wallet-to-wallet (P2P) payment solution for eligible Shopify merchants. Moreover, DePay’s multichain Web3 payments will unlock the ability for merchants to receive any preferred tokens with blockchain-based asset conversion of incoming payments in real-time.

The mechanism of blockchain transactions is inherently peer-to-peer and decentralized. Nevertheless, most of today’s established Crypto Payment solutions manage wallets for their customers, embedding a decentralized technology into centralized structures. As a result, the buyers pay middlemen who credit the merchant’s account.

Aiming for a paradigm shift, DePay establishes a new model by using decentralized finance (DeFi) to enable any-to-anything payment conversions.

“We’re happy to welcome DePay to provide the very first integration of a wallet-to-wallet (P2P) payment solution for Shopify merchants,”said Ashley Fulks, Product Partner Manager at Shopify. “Our growing blockchain ecosystem demonstrates our commitment to supporting merchants with alternative payment methods on their storefronts, helping to further expand what’s possible in commerce.”

“Shopify was our biggest integration target to date. It’s amazing to be at the forefront of pushing the entire Web3 industry forward.”said Sebastian Pape, Founder of DePay.

The benefits for merchants include:

• Instant Cashflow: Received payments are settled and available for the merchants in real-time.
• Automatic Conversion: Tokens are automatically converted (e.g. to stablecoins) as part of the payment transaction.
• Unmatched token acceptance: By using DeFi, DePay grows the amount of accepted tokens by a hundredfold.

Alongside the launch on Shopify, DePay will continue to drive the expansion of supported blockchain networks (currently: Ethereum and BNB Smart Chain) in order to unlock all major blockchains and Layer-2 solutions in near future.

In addition to the overall growth of ecommerce, the adoption of cryptocurrency payments is also advancing rapidly. Visa reported USD 3.5 billion in crypto-linked payment volume in fiscal 2021. Recently, a study also found that 40% of 18- to 35-year-olds are willing to pay with crypto. Governments are also starting to engage through the planned development of their own “central bank digital currencies” (CBDCs).

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About DePay

DePay pioneers Web3 Payments with the power of DeFi.

Driving mass adoption of blockchain-based payments, In conclusion, DePay merges the core ideas of decentralization and interoperability with state-of-the-art Web3 technologies.

Website | Twitter

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About Shopify

Shopify Supply is not your typical swag shop. They’ve designed unique products to help bring them to life.

Their mission is to support entrepreneurs and big dreamers, so all of their products are designed in collaboration with Shopify merchants. Furthermore, check back often to hear about new clothing, books, and swag from the little green bag.

Website | Twitter

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SOURCE

https://depay.fi/blog/live-on-shopify-D6YEnSMhFmZUcV4Z2PqNB

The post DePay Integration with Shopify appeared first on Smart Liquidity Research.

DePay has partnered with the innovative Web3 platform Vulkania, which combines aggregated blockchain data dashboards with play-to-earn fantasy gaming and incentivized marketing. In conclusion, Vulkania offers an attractive set of options to increase advertiser visibility. And now announcing the Depay Partnership with Vulkania .

Furthermore, as a core matter of the partnership, DePay enables Vulkania League players an end-to-end onsite payment experience with any token.

Partnership scope

Web3 payments by DePay will be used for the sales of in-game boost unlocks. Enabling an end-to-end in-game payment experience for Vulkania League players with any token. Since DePay converts tokens on-the-fly, the need to exchange tokens prior to purchase becomes obsolete. Which has the potential to significantly increase conversion rates of in-game sales.

DePay will benefit from the visibility and utility insights that come from a user segment that is often exposed to early stage tokens. It will be interesting to generate payment insights as part of this partnership. Moreover, payments for boosters with DePay will be available from May 30th, 2022.

Vulkania: Fantasy sports game meets Web3 blockchain data dashboards and paper trading 

Vulkania allows analytical minds that like to paper-trade or play fantasy sports style games a gameplay based on real data without having to spend a lot of money on real tokens. The Vulkania ecosystem connects different audiences by integrating aggregated and visualized token data from various sources into play-to-earn experiences that enable them to monetize different audiences in a synergistic way. Platform users (players) can participate in management-style competitions where the quality of their strategic decisions and social interactions (such as driving traffic and votes) affect their chances of earning higher rewards. This type of gaming experience is the first to be launched, with more to follow.

Vulkania.io has different revenue streams for each of its target groups. Players receive benefits (user tier system) depending on the amount of $VLK they own. Even though the game is basically free, paid boosts can still increase the chances of winning. The Vulkania team reached out to DePay because there are currently no alternatives with comparable features that provide an end-to-end onsite payment experience for user groups like Web3 gamers. In conclusion, Vulkania and DePay share the value of providing the best possible and simple user experience. Vulkania manifests this mindset throughout its project.

About Vulkania

Vulkania provides industry-leading user experiences for crypto data aggregation and gamification to appeal to the wide spectrum of cryptocurrency enthusiasts while providing the administrative and promotional tools cryptocurrency projects need to remain successful.

Website | Twitter

About DePay

DePay pioneers Web3 Payments with the power of DeFi. Driving mass adoption of blockchain-based payments, DePay merges the core ideas of decentralization and interoperability with state-of-the-art Web3 technologies.

Website | Twitter

SOURCE

https://depay.fi/partnerships/depay-partners-with-vulkania-6GBGHIVMJlUk7OwZvaGDhG

The post Depay Partnership with Vulkania appeared first on Smart Liquidity Research.