Crypto autopay streamlines recurring payments

What is crypto autopay?

Transactions in web3 are pushes. Users initiate each send. This means every time your customer wants to make a payment, they need to return to your website, locate your wallet address, and then click send. For the individual user, this is annoying, but for multi-sig wallets, it is unsustainable when you need to coordinate multiple signers every pay period.

With all that friction, it is no surprise that subscription businesses manually collecting crypto payments find customer churn can be double for users paying in crypto as compared to fiat. Beyond the insanely high churn, businesses are spending countless hours following up on and reconciling manual crypto payments.

Subscription businesses manually collecting crypto payments find customer churn can be double for users paying in crypto as compared to fiat.

We set out to fix this broken experience; hence the birth of the most adaptable payment system enabling crypto autopay. Businesses using Loop for crypto autopay see lower churn and save 10+ hours a month on payment collection activities. Businesses trust Loop to handle their billing needs, and they’re seeing the results.

Loop unlocks superior product experiences. We do this by providing a suite of APIs, tooling, and smart contracts that fit into your current process and enable your customers to turn on crypto autopay — removing the headache of recurring payments for everyone. Users always maintain control over their assets while eliminating the need to sign every recurring transaction.

We believe in a decentralized, interoperable future — one where global commerce (both goods and services) is increasingly peer-to-peer, and users are more in control of their assets, including their data. We are focused on automating crypto transactions to accelerate this future.

If you want to automate recurring crypto payments in any ERC-20 token, let’s talk. Efficient companies choose Loop to save time and simplify their payment processes.

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About Loop

Loop Crypto is designed for companies, DAOs, and projects that need to get paid or make payments in crypto. Whether the payment is one-time or recurring, Loop supports a broad range of payment use cases: subscriptions, one-time charges, recurring bill pay, loan repayments, and donations. Loop has processed millions of dollars in on-chain transactions and powers crypto payments for the leading brands in web3 like ENS, Privy, Alchemy Subgraphs, Paragraph, Neynar, Pinata, and many others.

Are you ready to supercharge your payments? Book a call with Jeff, our Head of Business Operations, or head to our docs to learn more.

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© Loop Crypto 2024. All rights reserved.

© Loop Crypto 2024. All rights reserved.

© Loop Crypto 2024. All rights reserved.