Can you pay with crypto online?
Can you pay for goods and services with crypto online, and how does it work in My Wallet?
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Can you pay for goods and services with crypto online, and how does it work in My Wallet?
Yes, today you can already pay for goods and services online with crypto. More and more services and stores support this payment method, and for My Wallet users it is becoming as simple and familiar as ordinary online payments.
In My Wallet, this is handled through My Wallet Pay. It is a payment solution that lets users pay in GRAM and USDโฎ.
If a store supports My Wallet Pay, the user:
Chooses crypto payment at checkout.
Opens the payment in My Wallet.
Reviews the amount and confirms the transfer.
After that, the payment is sent to the merchant just like a regular transfer.
Tokenstore was the first online store to support My Wallet Pay. There, users can buy gift cards for App Store, Google Play, Spotify, and many other services, as well as prepaid cards for online shopping. More stores supporting this feature will be available soon. If you are interested in integrating My Wallet Pay into your store, please contact our support team: telegram.me/mysupport.
This is convenient because you do not need to withdraw funds to a bank card or account first. If a store supports this flow, you can pay and confirm the transaction directly from your wallet without using custodial solutions.
Before confirming a payment, make sure you check:
Which tokens the store accepts and on which network.
The final amount.
The recipient address.
Blockchain payments are usually irreversible. Before confirming, always carefully check the amount, selected token, network, and recipient address.
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