Is This a Legit DeFi Crypto Payment Gateway?

12 replies 341 views
dave2009Full Member
Posts: 5 · Reputation: 258
#1Feb 3, 2018, 10:37 AM
Hey all! Just found out about a new project claiming to be a true DeFi crypto payment gateway. They say it’s gonna totally change the way we do crypto transactions. Sounds cool for merchants and users looking for safer and faster options. Anyone got thoughts on this? Can it really deliver?
5 Reply Quote Share
0xWhaleMember
Posts: 13 · Reputation: 88
#2Feb 4, 2018, 08:41 AM
You found a project but can’t even drop the name or link? Sounds sketchy. From what you said, it’s just another payment network. Most of these rely on big players like Mastercard and Visa. I’m not buying into this, man.
1 Reply Quote Share
whale420Senior Member
Posts: 727 · Reputation: 853
#3Feb 4, 2018, 12:13 PM
Never heard of a DeFi payment gateway before. Got any examples of existing projects with this feature? We already have decentralized options like BTCPayServer, which doesn’t need third parties. Why jump on this new one?
4 Reply Quote Share
alpha2013Member
Posts: 87 · Reputation: 151
#4Feb 6, 2018, 02:53 AM
I was waiting for you to name the project. It’s like newbies come here to shill their stuff. Honestly, most grand claims from projects don’t pan out. They launch during bull runs knowing the market cycles. Just saying.
4 Reply Quote Share
Posts: 37 · Reputation: 3
#5Feb 6, 2018, 04:19 AM
What’s there to think about? Just share the project name already so we can check it out ourselves. Can’t judge a concept without seeing it in action. Seems like a basic idea to me. Plenty of projects have promised this before and flopped.
0 Reply Quote Share
0xBullNewbie
Posts: 100 · Reputation: 11
#6Feb 7, 2018, 01:53 AM
What’s the name of this project, OP? Why not just say it? If you’re worried about sharing, it’s a bit odd. Other coins have been doing this for ages, so this isn’t groundbreaking.
3 Reply Quote Share
dave2009Full Member
Posts: 5 · Reputation: 258
#7Feb 7, 2018, 02:21 AM
Ah sorry, I thought I mentioned it. It’s called Paymento (paymento.io). Found it on LinkedIn. Not sure if it’s open-source, but they claim it’s decentralized. Heard they might have a BNPL feature too.
4 Reply Quote Share
dave2009Full Member
Posts: 5 · Reputation: 258
#8Feb 7, 2018, 04:36 AM
Yeah, Paymento is the name. Their BNPL feature is interesting. But honestly, I’m skeptical. How’s that gonna work with crypto’s volatility? I need to read more about this before diving in.
1 Reply Quote Share
dave2009Full Member
Posts: 5 · Reputation: 258
#9Feb 7, 2018, 05:26 PM
Did you mention it? Here’s the site (paymento.io). Looking for plugins that fit my needs. But honestly, the concept feels old. Gonna wait and see what they do.
4 Reply Quote Share
whale420Senior Member
Posts: 727 · Reputation: 853
#10Feb 7, 2018, 09:40 PM
Checked their docs and nope, no open-source code. BNPL is cool, but you can set that up with other gateways too. There are hosted and non-hosted options out there. Just gotta dig a bit.
3 Reply Quote Share
topblastNewbie
Posts: 164 · Reputation: 27
#11Feb 7, 2018, 09:55 PM
Have you tried asking ChatGPT about this? You seem a bit lost. Once you get the basics down, everything else will follow.
3 Reply Quote Share
hodlgangMember
Posts: 107 · Reputation: 110
#12Feb 8, 2018, 01:12 AM
A legit DeFi crypto payment gateway in 2026 should work without middlemen. Merchants need full control via smart contracts, not centralized processors. Direct wallet transactions are key. But usability and speed matter too.
2 Reply Quote Share
Posts: 1 · Reputation: 57
#13Feb 8, 2018, 07:45 AM
Good point. A lot of so-called DeFi gateways aren’t truly decentralized. They still hold your funds and can freeze accounts like traditional processors. The label gets tossed around a lot. But some projects do keep merchants in control, like EasyCryptoPay.
4 Reply Quote Share

Related topics