@Pay: Development Updates

@pay
4 min readJun 14, 2022

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Hey there! You’ve been following us for a while now and we know that you might be thinking: What are we up to? 🤔

We want to be as transparent as possible and keep you informed of what we are up too! Thus, we thought it would be a good idea to share with you on our recent updates regarding developments.

UI/UX:

Our team has finalised the UI/UX of the app, designed to be intuitive and easy to use. We strive to deliver clear, smooth, user-centric design within the app. We have also implemented the custom user interface & visual design to test the initial look & usability of our app, and to iteratively improve the product. Clickable interactive prototype, design system & assets delivery support are among developments that are almost fine tuned and clean for launch.

Figma file: @Pay

Smart Contracts:

The technology is developed on the Algorand blockchain, which provides a seamless, secure functionality for Dapps. The absolute soul right, Smart Contract development is completed, and we have submitted it for audit to an industry-leading auditing firm. We will share the audit details with the public soon.

Website:

The website is completely revamped from scratch with a brand new outlook that is user-friendly and gets the right message across. In addition, the website is optimised with responsiveness and is more interactive for the users to explore tech.

Strong Tier 1 Partnerships:

We have secured strategic partnerships with Binance pay and Bifinty. These brands would bring a strong community and credentials and enhance our functionality to @Pay. The scope of the collaboration also includes functional partnerships where the Binancepay & Bifinity would support us in balancing our financial pools.

Integrated Wallets:

We started building our custodial wallets, which will help our customers to use @Pay seamless on the app. In addition, we are integrating Fireblocks. Fireblocks are the industry leaders in custodial wallets for institutions. With this integration completed, users can seamlessly use the app to do transactions.

Strengthening the Team

We have onboarded a new CTO to @Pay with solid experience in leading the development of vast projects at proper timelines. The new CTO has developed a good rapport in working with the existing development team and is currently working on our groundbreaking product. Our team is confident in delivering all the products according to the roadmap in the upcoming quarters and foreseeable years as well.

Our aim is that, when the application is fully functional, everything will run smoothly — customers will be able to apply for loans and get approved within minutes at the point of sale or online, stake their stablecoins, and more!

About @Pay:

@Pay is a decentralised global platform creating payment solutions for shoppers, merchants, and marketplaces. It empowers users to access what they want and need while maintaining financial wellness and control to help people spend responsibly.

@Pay is a unique, first of its kind platform to integrate the revolutionary technologies in the financial sector:

  • Buy Now Pay Later (BNPL),
  • Blockchain and smart contracts

It also supports cryptocurrency and Fiat currencies on its platform, and users are free to choose their preferred payment method. @Pay is being developed as autonomous decentralised finance (DEFI) protocol that supports the Buy Now Pay Later schemes to the traditional currencies and the modern cryptocurrencies.

@Pay offers significant cost savings to the established BNPL products by using smart contracts to settle the contracts on the same day, thereby growing and more sophisticated DEFI environment. At the moment, @Pay smart contracts are ready and in the process of getting audited. In addition, the @Pay protocol aims to create an ecosystem that rewards all its users for being active and punctual.

Keep up with all we’re doing by following us on Twitter and Medium — be on the lookout for our next update here!

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@pay

We’re the first Buy Now, Pay Later platform incorporating blockchain technology and digital currency ⛓️ Welcome to the future of payments 🛍