Laqira Pay
The First Ever Fully Decentralized Asset-Agnostic Multi-Network Payment Portal
Abstract
How LaqiraPay Works
LaqiraPay's operation involves provider registration, financial statement generation, plugin setup and customer payment processing, ensuring a seamless workflow.
Provider Registration
Providers register on LaqiraPay and receive a dedicated smart contract address analogous to an API key in which transparent financial records will be carved.
Customer Payment
Customers select LaqiraPay method in payment section, choose a network and cryptocurrency, connect their wallet, press pay and await confirmation.
Plugin Setup
Post-registration, providers install the LaqiraPay plugin, input their API key, and get ready for accepting cryptocurrency payments.
LaqiraPay’s Special Features
Fully Decentralized
Customers select LaqiraPay method in payment section, choose a network and cryptocurrency, connect their wallet, press pay and await confirmation.
Asset-Agnostic
LaqiraPay is asset-agnostic, allowing payments in any origin asset and providing stable coin in destination to providers, ensuring implicit support and flexibility while minimizing risk and maximizing stability.
Readily Inclusive
LaqiraPay's readily inclusive, asset-agnostic approach allows implicitly acceptance of any cryptocurrency by providers and broadening usage opportunities for various tokens, overcoming challenges faced by both providers and crypto teams.
Chainlink Price Feeds
Automatic exact amount detection for customer payment and automatic stable coin depeg detection for vendor settlement based on Chainlink’s decentralized price feeds
Multi-Network
LaqiraPay is a multi-network portal, supporting diverse network payments, with user options dependent on provider acceptance and configuration. Providers are encouraged to embrace multiple networks for broader user access.
Lottery
Buyers who make payments through LaqiraPay will have the chance to participate in periodic lotteries and win a significant prize.
Support for various payment methods
• E-commerce Website plugin • Mono-link • POS