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Reap Pay โ Pay bank bills from crypto wallet directly
Reap Pay simplifies settling bank transfers for web3 projects in one platform. Pay anyone, anywhere with fiat funded by crypto in 1 day globally. Goodbye banks and OTCs.
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@hayr_hotoca Welcome to give a try and share with your freinds! We ar sharing a promote code and all new users who sign up via PH can enjoy 30% off!
Congrats on the launch Reap Pay team! The product looks cool and looks like something our team can use to build a strong hybrid culture๐๐ป
@manav_sharma1
Right! We understand a lot of Web3 projects have a flat hierarchy and the spending power is usually delegated to a lot of teammates.
However, If the admin prefers certain permission control over the ability to create any Reap Pay payment, we also have this function, just FYI!
Hi Product Hunters! My name is Daren, co-founder of Reap. We're incredibly excited for the launch of Crypto Pay to provide better connectivity between digital assets and real world assets. Happy to answer any questions that may not have been addressed already and of course, very open to any additional feedback/comments as well!
@tajul_islam1 Thank you so much! @zenobiachan is our product designer for this project and I guess you can connect with her and share any feedbacks!
@andy_wong4 Cheers and hope this can help more web3 projects to solve their biggest pain point.
We have used REAP for 3-4 years for multiple startups ranging between 2 to 100 people. Depending on the scale there is great value you can get, which traditional credit card or finance services can't always offer.
- Create credit cards for employees, server payments, subscriptions, uber, snacks or anything with few clicks
- Output back all data to xero in few clicks and then automatic
- Make repayment by regular bank transfer or alternative method, or autopay in some cases.
- Issue invoices to customers with payment link to collect payment. Which is normal, but you can send link and customer puts amount they want. For example for startup that provides service but is uncertain about price to charge the customer.
- Pay vendors in one of major currencies and settle back by common crypto like Binance, BTC, ETH, USDT etc.
- Well, we also used to pay rent or salary or extend a cashflow
There should be also many more ways to use REAP, curious to see other company experiences
@imdpr Thank you Roman for such a detailed explanation about our scope of services. Yes, we have a lot of other products, and we are planning our next launch already ;)
@bilal_niaz Yes! The idea is also originated from a chat with our client, hope this can help more web3 folks that are having a similar problem!
@hansrex thank you for your kind words! Any other feedback is greatly appreciated
I appreciate the variety of payment options offered, including card payments, ACH, and eChecks, which will undoubtedly help businesses reach a broader range of customers. The ability to automate payment schedules and set up recurring payments is also a great feature that will save businesses time and resources. Congratulations on the launch, and I wish you all the best in your future updates and growth!
@mashaplotkina_quinky
Thank you for your kind words!
Indeed, batch payments are a key feature that we need to develop. I just want to clarify that currently, Reap Pay does not support batch payments for now. However, our corporate credit card does support them. If a client needs to do a batch payout, they can use our credit card as a source of funds to make the batch payout.
I hope this helps!
Hi there! Reap Pay seems like an interesting platform for Web3 project financial management. How does your platform ensure the security of crypto wallet transactions?
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