Case Study

SatoshiPay

Satoshipay eliminates the need for ads and paywalls by allowing consumers to micropay for online content.

Publishers integrate a widget into their website; consumers pay for and access content with a single click. Payments settle in the background on Stellar, so they’re fast, invisible, and (pretty much) free.

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Organization

SatoshiPay

Industry

Micropayments

Location

Berlin, Germany

“The best business decision and technical decision we made in our history so far is to switch to Stellar.”

Meinhard Benn

Founder and CEO · SatoshiPay

Problem

Online content isn’t free: consumers pay for it with their money, their attention, or their personal information. They’re usually overcharged and often under-informed, but publishers have yet to devise a better way to collect necessary revenue.

Solution

Satoshipay allows publishers to integrate a Stellar wallet widget into their websites, which makes it easy for consumers to pay tiny amounts for online content. No login, no waiting, and (virtually) no fees.

Implementation

Publishers install a Satoshipay widget on their website. It has a Stellar wallet built in, which consumers can top off with XLM, USD, or any other Stellar-network token. As they browse that site (or any other site with the Satoshipay widget installed) they can click on pay-per-view content and access it immediately, no login required. It’s a seamless, private, and ad-free experience.

Why Stellar?

Low Fees

Micropayments don’t work with non-micro fees: you can’t transact in pennies when it costs you dimes. Stellar network fees are near zero.

Connection to Banks

To top off their wallets, Satoshipay users need connections to their real-world wallets. Stellar was created with those connections in mind.

Speed

One-click access to content doesn’t mean much if you have to wait around for a payment to settle. Stellar transactions take seconds to clear.

Scalability

Networks near capacity inevitably inflate fees, so micropayments require a network that can handle high transaction volumes.

The Built-in DEX

Online publishing has an international readership. To pay for content across borders and currencies, Satoshipay relies on Stellar’s ability to seamlessly transmute assets.