With Paybcn, you can shop millions of products with crypto. Avoid token conversions and profit taxation to simplify your portfolio management. Paste your product link, and hit the pay button. Paybcn will order it for you instantly.
I'm Marc, maker of @Paybcn!
As a long-time crypto user, I've always been frustrated with cryptocurrency conversion. A basic swap for a purchase can add layers of fees and inflate revenues, which translates to profit taxation. So, when shopping online, I've always dreamed of a "Pay with crypto" button.
It wasn't originally designed for the benefits of sneaking profits by avoiding the Flat Tax conversion, but it appeared to convince more than one.
So, I developed my own solution over the last few weeks and tested the concept of link shopping. It quickly took off in France and I had to close orders for a week due to insufficient cash flow for hedging conversions.
This project is more about wanting to navigate the market properly and use cryptocurrencies as intended. I hope it will be useful for some of you. Paybcn will be open-sourced in a few weeks.
got my upvote for convenience and cutting through the usual finance jargon.
But with crypto values being more rollercoaster-ish than my nephew's moods, how does Paybcn handle the wild price swings during the purchase window? Just thinking about buying something at one price and it being a whole different story by checkout... gives me budgeting butterflies.
I love the idea of simplifying the shopping experience with a "Pay with crypto" button. How does Paybcn handle issues like order fulfillment and customer support?
@anastasia_chakileva_ order fulfillment is mostly executed automatically, Paybcn basically order your product on any online store. So the real challenge here isn’t about fulfilling orders but hedging cryptocurrencies transactions. Cash-flows must always be greater in the money market side.
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