News
April 12

Introducing TelePay, an easy way to handle your crypto payments, starting with TON πŸ’Ž

We gladly present TelePay, our new payments gateway for you to handle your crypto payments, manually via the dashboard or automatically via the API.

With this new platform, the first of its kind in the TON ecosystem, you'll be able to create your merchant accounts, get your API keys and automate your invoices. Based on The Open Network (TON), TelePay has a web dashboard, a Telegram integration, and more for you to grow your business.

Core value proposal

  • Cryptocurrencies payments gateway without corporate restrictions.
  • Simple, fast, and minimalistic.
  • Valid not just for businesses, but also for common people in daily life.
  • Statistics included.
  • Like a wallet, but better.

Why TON

Since December 2021, our team was wondering which blockchain or cryptocurrency to start with for our project, and then, we found TON. And literally, fall in love. πŸ’™

TON is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It boasts ultra-fast transactions, tiny fees, easy-to-use apps, and is environmentally friendly.
- ton.org

The Open Network is currently the fastest growing blockchain ecosystem, originally conceived by the Durov brothers (Nikolai Durov and Pavel Durov), which was sadly discontinued in 2020 due to legal issues.

After that, the project was taken by a community and the TON Foundation came up to save the project and continue developing it. One year later, Durov announced its support for the project, now with a new and independent approach. This simple post in Telegram made the entire ecosystem viral, and it's receiving a lot of attention globally.

We've been following closely the TON project, looking up achievement after achievement, breaking its own records in a number of wallets, transactions, market cap, token price, and community.

And that's why we decided to go with TON, it was the right timing to join the greatest and fastest-growing ecosystem in blockchain & web 3.0.

Also, we've been researching the whole TON apps ecosystem, trying to find something like TelePay, and we seem to be the first payments gateway on TON, with a web dashboard included.

Why TelePay

Originally, our product was named "TelePagos" in Spanish, meaning "payments in distance, or tele-payments". But we took our approach beyond to a more international community and came up with the new name: "TelePay".

We're huge fans of Telegram and have been processing payments in there, via Telegram bots, for some time now. That's why we thought about mixing "Telegram" + "payments" = "TelePay".

Even though our product was originally intended only for Telegram, we see there are bots like @wallet and @CryptoBot, and wanted to offer a competitive advantage: the web dashboard, a new experience like Stripe, PayPal, or another payments gateway, where you can manage your invoices and funds via a web interface.

Also, the Telegram bot integration is coming up shortly in our roadmap.

History

A condensed extract of the milestones in TelePay.

  • August 2021. The team started thinking about the project.
  • December 6th, 2021. Announced the project will be executed.
  • March 2nd, 2022. The project core is ready. For 3 months, the team was designing and studying the market.
  • March 29th, 2022. A minimal viable product is ready.
  • April 1st, 2022. The product is live, but not launched. Started internal beta testing.
  • April 8th, 2022:
    • First business integrated with the payments gateway. Payments are working smoothly and are ready to be used in production by other merchants.
    • Released v0.0.3 of the telepay-python SDK, the first production-ready version.
    • Received profile verification here in our Teletype blog.
  • April 10th, 2022. The payment experience was improved, thanks to feedback received from our beta testers.
  • April 12th, 2022. Public launch. πŸŽ‰

Features

Today, we're publicly launching our first production-ready version for businesses to start accepting payments, firstly via Toncoin.

Some of the features in this first version:

  • Log in with Telegram.
  • Public profiles, to which you can donate/pay/transfer TON. Example: https://telepay.cash/to/TelePay
  • Deposits (topup), transfers from/to any internal wallet, in TON. All this is off-chain, instantly and without any fee.
  • Withdrawals from internal wallets to external wallets, in TON, with associated on-chain fee and processing fee.
  • Create invoices via API, allowing to attach metadata and redirection links. Or via the dashboard, in a graphical interface.
  • Consult the API to fetch wallet balance, and transfer TON, among other options.
  • Set up webhooks to receive notification events to your third-party app when invoices are confirmed/canceled/expired.
  • Automatically retry webhooks sent but failed due to connection issues with your server.
  • Pay invoices via the hosted checkout page experience, using the internal tokens or by an on-chain payment, using a TON wallet like TonKeeper or another supporting the ton:// protocol.
  • List, cancel & delete invoices.
  • View invoice details.
  • Manage many merchants associated with an account, where any merchant can have its own invoices and wallets.
  • Supported networks: TON testnet and mainnet.
  • Notifications are delivered straight to your Telegram inbox.

Among other features, this is just the beginning of all the things we have for the roadmap.

Roadmap

These are some of the next steps, we'll let you know which of them first. Be sure to subscribe to our official blog.

  • Detailed statistics about payments and funds
  • Checkout experience via Telegram bot
  • Tips / invoices / transfers via the Telegram bot in groups and channels
  • Embedded checkout in third-party websites
  • Update & delete merchant accounts
  • Checks, crowd funding and multiple payment invoices
  • P2P crypto exchange
  • Swap crypto per fiat
  • Two-factor authentication
  • Subscriptions
  • Support for more tokens and blockchains:
    • USDT
    • UST
    • USDC
    • BUSD
    • BNB
    • Bitcoin & Bitcoin LN
    • Hive
    • ...
  • Native token
  • And more stuff coming up, raise your hands! πŸ™Œ

We'll be posting our roadmap on this dedicated website: https://feedback.telepay.cash.

How to reach us

To never miss our next steps, join our official channels and spaces in social media.

Blog: https://blog.telepay.cash
Telegram EN πŸ‡¬πŸ‡§: https://t.me/TelePayCash
Telegram ES πŸ‡ͺπŸ‡Έ: https://t.me/TelePayCash_es
Telegram RU πŸ‡·πŸ‡Ί: https://t.me/TelePayCash_ru
Twitter: https://twitter.com/TelePayCash
Reddit: https://www.reddit.com/r/TelePayCash/
Mastodon: https://mastodon.social/@telepay
Hive: https://ecency.com/@telepay
GitHub: https://github.com/TelePay-cash

Join now and start accepting payments with TON

Thanks for your interest in TelePay, we'd love to have you on board, join us to lower the barriers in crypto payments, starting today. See you on the road! πŸ’Ž

https://telepay.cash

The TelePay Team


The payment checkout experience
An overview of the dashboard
Merchants in your account