CronPay

Problem Statement

CronPay is a comprehensive crypto payment gateway built specifically for merchants who want to accept crypto payments without the complexity typically associated with blockchain transactions. The platform solves a critical problem in this ecosystem - enabling merchants to accept any token on any chain while receiving settlements in their preferred token and chain. No more managing multiple wallets or dealing with complex cross-chain operations.Key FeaturesUniversal Payments - Accept any token on any chainUnified Balance - View all assets across chains in one dashboardReal-Time Analytics - Track payments, and revenue trendsAccount Statements - Auto-generated for taxes and accountingFund Consolidation - One-click consolidation to your preferred token/chain

Solution

TechnologiesAvail Nexus SDK - The backbone of CronPay. Nexus enables seamless cross-chain transfers without centralized bridges.Pyth Price feeds - To get real-time, accurate price data for currency-token conversions.Merchant Integration FlowMerchant RegistrationMerchant signs up on CronPay dashboard (app.cronpay.xyz)Configures settlement preferences: token (e.g., USDT) and chain (e.g., Ethereum)Generates API keyCreate TransactionMerchant's backend calls CronPay API with order details and gets a transaction ID as responseRedirect to GatewayMerchant redirects customer to CronPay gateway page with transaction IDCustomer PaymentCustomer connects wallet and completes payment using their preferred token/chain with pricing displayed using Pyth feedsCronPay handles cross-chain conversion via Nexus SDKStatus PollingMerchant backend polls transaction status of the customer