Tonpay

Tonpay is a decentralized crypto payment service that provides businesses with fast, secure and trustless solutions.

As cryptocurrency payments continue to gain popularity, businesses need crypto payment systems that offer security, transparency and simplicity. Many solutions are centralized and controlled by third parties. Tonpay addresses this challenge by introducing a non-custodial and decentralized payment platform that is built on smart contracts which handle all the payment logic. Our solution is scalable, secure, and extremely flexible, providing endless possibilities for the world of web 3.0 e-commerce. We support MCC codes and allow to transfer cashback mechanics, purchase categories, and user-friendly payments from traditional banking to the blockchain. Tonpay is also working on mechanics to reward users for their purchases in order to attract the next million users to TON. What about tokenized real-world assets? You'll find them on Tonpay in the near future as well, allowing for a smooth transition to truly decentralized e-commerce solutions. Tonpay is built to put the power back in the merchant's hands.

The flow of interaction between the merchant and our service at this stage is as follows:

1. The merchant logs in using his wallet on our website (TON Connect 2.0 technology).
2. The merchant creates his store in the blockchain, confirming the actions in the wallet. At this stage, it is possible to specify name, description, webhook url and a store picture that is stored in TON Storage, as well as MCC code indicating the type of merchant's activity.
3. Directly from the store, the merchant can issue an invoice, specifying the amount and entering the address of his client. It is possible to copy the link and send it to the client for payment, or send it to the Ton POS terminal. Payment is handled and verified automatically using the invoice smart contract.
4. After paying the invoice, the merchant can view the status of the payment in the payments tab, invoice page as well as receive the webhook from the hosted checkout page.

A short roadmap after the Hackathon.

Since we managed to launch the MVP as part of the hackathon, our next steps will be aimed at expanding the functionality of our payment system. After the hackathon, we plan to:

1. Create SDKs for integration with applications. - Done!
2. Expand the functionality of invoices. - Done!
3. Implement products & receipts.
4. Create a decentralized marketplace accessible to all of our clients.
5. Create a Tonpay widget that can be integrated to the web apps.
6. Loyalty system implementation.
7. Payments in jettons, subscriptions and payment channels support.
8. Implement treasury with reward system.
9. Implement referral system.