Monday, June 27, 2022
Home Press Release Can Crypto Payments Finally Take Off?

Can Crypto Payments Finally Take Off?

- Advertisement -

Helio, the Web3 payments company, launched its beta this week to offer a much-needed path for faster adoption of crypto payments. Its complete Web3 payments stack, starting with Pay Links on Solana, allows anyone to get paid in crypto instantly using pre-built checkouts or embed payments directly into their store, app, content, game or platform.

Crypto was born on the 3rd of January 2009 when Bitcoin launched and the big promise ever since is that crypto will dramatically improve the way that payments work on the internet simply because it’s cheaper and faster.

Let’s illustrate this with a simple example. Anatoly buys a pair of sneakers on with fiat money as follows:

Anatoly → Card issuer (his bank) → Payment network (Visa) → Processor (Stripe, etc) → Nike

So, there are at least three entities in the middle, each taking fees and sitting on the money before it moves. It takes a day (and often longer) for Nike to get their money and costs $0.20 + 3% in fees.

Compare this to the crypto money flow:

Anatoly → Nike

With the latest blockchain technology it takes a few seconds for Nike to receive the money and costs a fraction of a cent.

So why haven’t crypto payments taken off?

Sure there is resistance from traditional players like banks but the real reason is that the first-gen crypto payment systems were inferior products to existing solutions so why change. They process transactions off-chain, convert from/to fiat within the payments flow (which is expensive) and don’t support simple requirements such as recurring payments for subscriptions.

Helio has solved these problems to deliver a Web3 payment solution that’s cheaper, faster and offers a better UX. Solutions include:

  • Pay Streams: on-chain, time-metered billing to dramatically lower the cost and flexibility of subscriptions, SaaS payments and memberships
  • E-commerce: spin up an e-commerce page in seconds to accept crypto payments instantly
  • Web3 paywalls: monetise gated/metered access to anything ⇒ events, games, data, video and more
  • Pay Links: lower the cost and increase the speed of day-to-day payments such as invoicing, freelancing, services, tipping, split-payments, salaries and more

Helio is completely free to use and requires any Solana wallet such as Phantom, Slope or Solflare. Please visit to set up your first crypto payment and join the growing Helio community on Twitter.

- Advertisement -


The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

PR Desk is a guest author on TheCryptoBasic and only delivers sponsored content. Hence, views and opinions published under PR Desk are exclusively theirs and should not be taken as investment advice. If you want to publish your PR, please contact [email protected] or [email protected]


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Crypto Winter Survival Guide: Frax (FRAX), PAX Gold (PAXG), And RoboApe (RBA)

How long will crypto winter last? That is the question on the lips of every crypto participant right now. Many newbies are scared at...

The Exciting Evolution Of Blockchain Gaming With Xchange Monster (MXCH) & Decentraland (MANA)

The words decentralized finance and game, these two industries have been combined together and from this combination the GameFi sector was birthed. For many...

TRON Price On The Up As Risk Of USDD Depegging Falters

  Tron Price is showing that the USDD depegging pressure is releasing. window.coinzilla_display = window.coinzilla_display || ; ...

Bitcoin Only Line Of Defense Is Holding But How Far? As Number Of BTC Exchange Inflows Increase

  Bitcoin does not have sufficient support below 20,000 dollars. window.coinzilla_display = window.coinzilla_display || ; ...

Baby Doge Coin Team to Burn 50 Quadrillion BabyDoge At Once

Baby DogeCoin Team to Burn 50 Quadrillion Coins Tomorrow After Community’s Approval.  window.coinzilla_display = window.coinzilla_display || ; ...

SEC Chairman Piles Pressure on Altcoins, Says ‘Bitcoin Is the Only One I Am Willing To Say Commodity’ 

For SEC Chairman Bitcoin is the only crypto that is a commodity. window.coinzilla_display = window.coinzilla_display || ; ...

Shiba Inu Soars Above 40% In Seven Days As Unification Brings Shibarium Launch Closer

SHIB has put smiles on investors' faces after its massive rally in the past seven days.  window.coinzilla_display...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.