uPay

uPay

Web3 Unified Payment Interface for Merchant Payment

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Built at Unfold 2023
uPay

uPay

Web3 Unified Payment Interface for Merchant Payment

The problem uPay solves

It solves the problem with merchants in accepting crypto and also the gives them the freedom to accept the Payment in thier own token usng a QR along with the scalablity and the efficiency of the Sui network. It also allows to pay to the merchants by Scanning the QR and making the payment in any token of thier choice. So it helps in the reducing the friction of payment between the User and the Merchant. The main aim of the project is web3 onbording for the web2 users and creating a hassle free enviroment for them.

Technically, A Typical Swap Interface has two or more steps of Contract Approval, Swaps, Recepient Address,etc. which we want to Unify. Trade an abundance of assets in a single pool scenario provided of Deepbook. The uPay is efficient, sustainable and trustless.

Challenges we ran into

The main challenges we ran into is using DeepBook and learnign the sui network which was relatively new . Writing the smart contracts in move was something new and diffrent. Also with the limited documentation o deep book did face a few challenges and we are trying our best to over come those challenges and hopefully we will be.

Tracks Applied (1)

SUI Network - City of Coin

Soo, we are basically allowing UPI like frictionless and hassle free payment solution in the sui network for merchant pa...Read More

SUI Network

Technologies used

Cheer Project

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Discussion