Direct crypto payment
Customer → compatible wallet or Cold Wallet → authorized payment → smart contract → merchant's wallet + Waynance fee.
HOME / HOW IT WORKSHOW IT WORKSFrom the customer
From the customer
to your wallet.
A crypto payment that goes from the customer's wallet to the merchant's wallet. A smart contract splits the payment and Waynance never holds the funds.
WAYNANCE•••⇄
WEB3 INFRASTRUCTUREHOW IT WORKSDesigned for your business● WAYNANCE · CONCEPT VIEW
THE PAYMENT JOURNEYFive steps.
Five steps.
No custodial intermediary.
This is how direct payments with Waynance are designed. The screens shown on this website are for illustration only.
- 01The merchant sets up the payment
They enter the amount in the Waynance POS app for Android or iOS.
- 02The customer chooses how to pay
They scan the QR code with a compatible wallet or tap a compatible Cold Wallet on the POS via NFC, where the device, operating system and implementation allow it.
- 03The customer authorizes the payment
Authorization is given from their own wallet or device. Waynance has no access to their keys.
- 04The smart contract splits the payment
The smart contract distributes the transaction: the corresponding amount goes to the merchant's wallet and the Waynance fee goes to Waynance.
- 05The merchant receives the funds in their wallet
The funds arrive in the merchant's wallet, under their control. Confirmation time depends on the network used.
✳ Blockchain transactions are recorded and may be traceable. Networks, assets, devices and features are subject to availability.
TWO SEPARATE PROCESSESGetting paid and converting
Getting paid and converting
are not the same thing.
Direct crypto payments and fiat conversion are separate processes. Conversion is optional.
Fiat Bridge (optional)
Crypto → connection to a licensed third-party provider → applicable verification → fiat conversion and settlement. Waynance only facilitates the connection.
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step with Waynance.
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