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Case Study
SatoshiPay
X
Organization
SatoshiPay
Industry
Micropayments
Location
Berlin, Germany
TL;DR

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.

Overview

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.

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.

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.

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.

Scalability

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