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Paisa

Paisa

The most practical POS system for accepting crypto payments. no need to install any app

Created on 25th July 2023

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Paisa

Paisa

The most practical POS system for accepting crypto payments. no need to install any app

The problem Paisa solves

Problem Statement

  • Modern wallet app transaction procedure is very alien for people who barely know how to even use a phone
  • This is a huge roadblock when is comes to mass adoption of crypto payments among small business owners
  • Present solution has way more friction when compared to using cash

Solution

  • An easy to use POS system where there is no need to even install an app. Everyone can start accepting payments within seconds
  • I implemented way to get transaction alerts without even opening your phone so that you can shift your focus on stuff that truly matters
  • The system is so effortless that everyone can use it

How it works

The system is divided into two parts

Web based payment kioskLow cost payment alert soundbox
No nonsense payment requests through an intuitive interface. Just get started right awayA smart speaker that makes automated sound alerts whenever the vendor receives any amount in their wallet using text to speech
Just enter your address or .eth name and the amount you want to receive and the kiosk will generate a custom amount QR codeUses very low cost hardware microcontrollers like Raspberry pi
The customer uses the QR code scanner from their phone and can pay through their mobile wallet appThe smart speaker uses Quicknode’s Quickalerts service to monitor wallet transactions

Challenges I ran into

  • using quicknode's quickalerts was very challenging
  • converting the data received from quickalerts to speech notifications

Tracks Applied (3)

All Things Dev

It is a very innovative project utilising both software and hardware

Blockchain & Cryptocurrencies

the project decreases friction for new crypto users and increases mass adoption for cryptocurrenices

Comunity

the project decreases friction for new crypto users and increases mass adoption and hence benefits the community

Discussion

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