Solana developers deserve the option to pay with any payment method across all of our products. Thanks to Loop Crypto, this is now possible. Introducing, seamless crypto subscriptions with NO pre-funding: Why is crypto autopay such a BIG deal? Crypto wallets are not credit cards ??♂? ?? Managing crypto payments is complex — for us and our customers — especially when most of our products are subscription and usage-based. Thanks to Loop, now you can avoid a lot of the hassle ? So, how does crypto autopay work? Historically, you would need to top up wallets each month ??♂? Here's how it works with Loop today: ?? You give Loop's smart contract approval to charge your wallet ?? Your approval limit is equal to 1 year of your subscription ?? We bill your wallet monthly via Loop's smart contract Because your wallet controls the authorization, you can lower your approval limit to 0 or increase your limit to extend your subscription at any time. Plus, all of this can easily be managed in Loop’s billing portal ? Partnering with Loop has been amazing ?? Not only has their incredible team built many custom features for us, they've also been hands-on and SUPER easy to work with. While we strive for a seamless migration, billing issues may arise. If you find bugs, please contact support via Discord or via chat in your dashboard. Ok, back to building. Accelerate ????
I am thrilled to announce that Loop Crypto is now live on Solana! And we couldn’t ask for a better launch partner than Helius. ?? You can now use Loop to purchase your subscriptions onchain for Helius’s range of developer tooling offerings. I also want to give a shoutout to Integral, Privy, Neynar, BlockPeer, Kaito, Drakkar-Software (Octobot), chainEDGE, and Lever who joined our beta launch on Solana. At Loop, we’ve been EVM people for 6+ years, but we ultimately made the move to Solana because we believe the chain is a critical piece of global payments infrastructure. It’s fast, low cost, and already has $3.5B in stablecoin circulation. All the fundamentals are there for global interoperable payments. For those working with the Solana Foundation and within the community who don’t know us yet, Loop Crypto makes it simple to accept onchain payments and settle in crypto, stablecoins, or fiat. You can use our user interfaces or integrate Loop into existing systems like Stripe and Chargebee. If you’re curious about accepting crypto payments for your business, here are some stats: ?? ~80% of payments our merchants receive are from outside the US ?? ~20% of all payments to our merchants are in crypto Global merchants choose to accept crypto to increase revenues & grow their customer base. Once again, we couldn’t be more excited to launch on Solana! We’re looking forward to engaging with the community and offering critical payments infrastructure as this chain continues to scale! ?? https://lnkd.in/e9mgmmYc