Payments company DePay has launched a new open source technology for Web3 donations that will allow you to instantly convert any digital currencies
DePay launched the first website plugin that converts donations into tokens chosen by the recipient. The DePay Donations web add-on instantly exchanges any incoming cryptocurrency.
A Swiss startup is developing Web3 payment systems using the power of DeFi. The new free plugin will allow you to accept donations without intermediaries.
The payment protocol is open source, supports multiple blockchains and over 100 of the most popular cryptocurrency wallets. Payments are made through the P2P system, and decentralized token conversion will take place through liquidity pools such as Uniswap or PancakeSwap.
The recipient will be able to choose tokens into which incoming donations are instantly converted.
The new development will be an alternative to using centralized payment gateways. The site owner will no longer need to specify wallet addresses on the site, which required a lot of administrative effort to monitor them.
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.