THE FINAL STEP FOR
Crypto Payments
An innovative solution to bring cryptocurrency to all offline transactions
Advantages of Integrating Crypto Payments in Retail
Crypto's push payment model offers numerous benefits over traditional pre-mobile pull payment systems like credit cards, NFC cards, and direct debits.
Instant Settlement
Merchants receive funds immediately when customers complete a push payment request from their mobile devices.
Scalability
QR codes and payment requests can be used across various platforms, including large and small screens, point-of-sale systems, and even vending machines.
Enhanced Security
Traditional pull payments expose your Primary Account Number (PAN) to multiple entities during the transaction. With crypto push payments, sensitive information is not shared, reducing trust dependency on merchants, banks, processors, and networks.
Automation
Bots and AI can generate “request to pay” tokens as QR codes or email links, enabling seamless customer interactions. Automated systems can handle incoming payment notifications, syncing thousands of payments simultaneously.
Our Unique Solutions to Address Challenges in Crypto Integration for Offline Retail
Challenges
POS Integration
For large retail chains with complex POS systems, integrating crypto transactions requires significant system modifications and integrations.
Mobile Phone as Payment Terminal
Using shared mobile devices for payment terminals introduces significant security risks, especially in multi-staff retail environments.
Unmanned Services
Integrating crypto payments in vending machines and other self-service devices can be cost-prohibitive due to hardware upgrades like networking modules.
Our Solutions
IOT Device
Low-cost, offline hardware devices adaptable to various scenarios. These devices can integrate with legacy POS systems or be installed in self-service machines without requiring an internet connection.
Cloud Micro Service
Cloud micro-services manage IOT devices, forward transaction requests to blockchain platforms, and establish secure communication between wallet apps and devices.
API / SDK
APIs and SDKs enable wallet apps to interact seamlessly with IOT devices and cloud micro-services, simplifying integration and enhancing functionality.
When a merchant initiates a payment request, the device generates a dynamic QR code containing details such as the transaction amount and merchant ID. The customer scans the QR code using an authorized payment app, confirms the payment, and the app retrieves a one-time IV-key from the device. The app sends this key along with the transaction details to the cloud service, which forwards the transaction request to the appropriate blockchain platform, such as BSC.
Once the transaction is completed successfully, the cloud service generates an encrypted message and sends it back to the device via the app. The device decrypts the message and displays "TRANSACTION SUCCESS" to the merchant, enabling them to proceed with delivering goods or services to the customer.
How It Works
EMPOWERING MERCHANTS
Merchant Dashboard
The Merchant Dashboard gives you control and keeps you informed as a business manager and team leader. It provides a detailed overview of analytics, including payment history, account details, sales data, and performance statistics.
Ready for Mass Adoption at Minimal Cost
No internet setup required – StreamPro payment terminals are designed for quick and efficient deployment.
Flexible
An online approach and app-centric design provide the dynamic flexibility needed in modern retail commerce.
Easy
A developer-friendly API and white-label wallet apps enable quicker, broader, and deeper industry adoption.
Versatile
Smart IoT devices cater to various offline scenarios, including street booths, stores, restaurants, vending machines, and parking gates.
Affordable
Low setup and maintenance costs enable widespread deployment to meet diverse business development needs.
Custom Software & Cloud Service
Scyfyn SDK
Powered by Scyfyn SDK, crypto payments can be processed via mobile devices, including iOS and Android, through secure Bluetooth connections.
Merchant Dashboard
The Merchant Dashboard provides in-depth analytics, including payment history, account information, sales data, and statistics.
Blockchain Integration
Scyfyn payment technology connects to multiple blockchain networks, enabling transactions across various cryptocurrencies.
Customized Business Solutions
Your Own Payment Terminals
Create your customized payment terminals using Scyfyn SDK, supporting crypto payments on mobile devices (iOS and Android) with secure Bluetooth connections.
Multi-Currency Support
Whether it's fiat, crypto, or a unique rewards points system, Scyfyn provides a payment solution that accommodates multiple currencies.
Secure Digital Asset Management
Scyfyn offers tailored hardware wallet solutions to ensure the security and safety of your business’s digital assets.