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Smart Pay

Smart Pay

Increase Crypto wallet security by allowing website interactions, without having to provide ERC20 Allowances.

Created on 10th December 2023

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Smart Pay

Smart Pay

Increase Crypto wallet security by allowing website interactions, without having to provide ERC20 Allowances.

The problem Smart Pay solves

Introducing a seamless payment solution where trust meets convenience. Imagine making payments without sharing access or worrying about safety.
With our innovative system, you can securely pay without the hassle of allowances or connecting wallets, giving you peace of mind every time you transact.
The current process for ERC20 token payments on websites involves multiple intricate steps, creating friction for users. To complete a transaction, users must navigate to the website, establish a wallet connection, and grant ERC20 token allowance to the app for payment. This convoluted process poses barriers, leading to usability issues and concerns around security and user trust.
Introducing a groundbreaking solution to streamline ERC20 token payments: Trust Wallets, acting as secure intermediaries that never store any tokens.
Our approach involves partnering with websites to establish collection accounts within our system. Websites seamlessly integrate these accounts, simplifying transactions by allowing users to connect directly to our Trust Wallets.
This innovative system ensures enhanced security, eliminates the need for token storage, and optimizes the payment process for a seamless user experience.

Challenges we ran into

Time limit was the biggest hurdle we had, plus rapid prototyping visual editor would increase the speed of development a lot
With further development we wish to create a incredable project

Tracks Applied (10)

Arbitrum Track

Deployed on Arbitrium and works as a Dev tool to integrate Online payment on Arbitrium, without having to connect wallet...Read More
Arbitrum

Arbitrum

Polygon Track

Deployed on Polygon, created using Dapp-launchpad and works as a Dev tool to integrate Online payment on polygon without...Read More
Polygon

Polygon

The Graph Track

Uses graph to fetch and store data
The Graph

The Graph

Celo Track

Deployed on Celo and works as a Dev tool to integrate Online payment on Celo without having to connect wallet to website...Read More
Celo

Celo

Airstack Track

Uses Airstack to get user transactions happening in realtime, without having to store them at a separate database
Airstack

Airstack

Alliance Track

New technology, solving a problem of greater safety related to crypto payments, without increasing a cost burden
Alliance

Alliance

Mantle Network Track

Deployed on Mantle and works as a Dev tool to integrate Online payment on Mantle without having to connect wallet to web...Read More
Mantle Network

Mantle Network

MetaMask Track

Used Metamask SDK and deployed on Linea
MetaMask

MetaMask

ZetaChain Track

Depolyed on multiple chains including zeta chain
ZetaChain

ZetaChain

Scroll Track

Deployed on scroll and works as a Dev tool to integrate Online payment on Scroll without having to connect wallet to web...Read More
Scroll

Scroll

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