PIP launches no-coding button to simplify blockchain payments

abdelaziz Fathi

Web3 payment provider PIP has launched an initiative that aims to help the blockchain content creators accelerate their small business through a non-invasive payment solution.

Called ‘The PIP Button,’ the solution enables users to pay for creative content that they love much faster and more affordable by integrating major blockchain systems.

Built on Solana, PIP connects scalable crypto-protocols with common social platforms like Twitter and Facebook. Creators and service owners can seamlessly transact value through integrating the PIP button into their website and unlock an extra revenue stream. The process can be also done without a single party’s permission or a high intermediary fee.

Setting up the PIP button requires setting up a wallet through Phantom Wallet or Slope Wallet. Currently supporting Solana tokens and transactions (including SOL, USDC, PIP, SERUM, RAY, KIN, ORCA, etc.), the team plans to roll out support for additional major blockchains over the coming months.

The PIP button is geared towards entrepreneurs working in art, music, fashion and film who are serious about incorporating blockchain into their business model, whether they’ve just launched their project or have several successful drops under their belt.

More specifically, the button enables content consumers to reward their favorite creators through blockchain technology. Although creators can monetize their content via social networks, these legacy payment systems demand complex knowledge and coding experience to attach. In comparison, this simple button made with just a few clicks will provide the gateway to the payment infrastructure without any obstacles.

“Integrating the PIP button will be as easy as making a new WordPress post or posting a new image/video to Instagram. The button works on any platform based on HTML, React, Javascript, and third-party services like WordPress, Wix, Squarespace, etc.,” the company says.

The PIP button enables creators migrate their audience away from legacy platforms and onto their own apps to adopt new monetization strategies. For the user, it is possible to pay for unique content or goods by clicking the button.

Allowing creators to integrate additional payment methods without coding knowledge can encourage widespread adoption of cryptocurrencies by providing direct, secure, and fast transactions. A payment tool designed specifically for the blockchain economy can serve as a monetization tool as the PIP button’s open system removes the need for signups and accounts, creating a frictionless solution

PIP is the developer of the PIP Button, a startup that acts as a Web 3.0 bridge connecting the blockchain world to the web 2.0 platforms. More importantly, Pip offers a neutral platform that allows interoperability among social platforms like Twitter, Reddit, Discord and Twitch when it comes to crypto activities.

Read this next

Digital Assets

Societe Generale launches its own cryptocurrency, EURCV

French banking giant Societe Generale has launched its own euro-pegged stablecoin, EUR CoinVertible (EURCV). This move by France’s third-largest bank reflects the increasing trend of mainstream financial institutions embracing cryptocurrencies on a global scale.

Executive Moves

Stelios Eleftheriou leaves NAGA Group to join BVNK

BVNK, the crypto-powered payments and banking platform for businesses, has appointed FX industry veteran Stelios Eleftheriou, who has a colorful career across the gaming industry, as Business Development Director (CFD & iGaming).

Retail FX

CAPEX.com introduce ETFs on UAE, Saudi stocks

Abu Dhabi-based broker CAPEX.com has expanded its asset class offerings to include a new suite of Exchange-Traded Funds (ETFs) tailored for the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA) markets.

Institutional FX

Tradeweb Markets surges past $1.80 ADV in November

Tradeweb Markets Inc. (Nasdaq: TW) has reported a total trading volume of $38.2 trillion and a record average daily volume (ADV) of $1.80 trillion for November 2023. These figures mark a 59.2% year-over-year increase.

Inside View

A Mission in Accounting

Ismael Haber, an auditor and accountant, has made it his mission to help businesses improve the quality of their financial information by eliminating fraud and error. In the next five years, the demand for these specific financial services, being external financial audits, forensic accounting, and other fraud preventive and detective services is envisaged to increase.

Institutional FX

CME Group to launch new spot FX marketplace ‘CME FX Spot+’ in 2024

US derivatives exchange, CME Group today announced plans to introduce ‘CME FX Spot+’, a novel spot foreign exchange (FX) marketplace.

Interviews

FMLS:2023: Andrew Mreana provides an exclusive sneak peek into cTrader’s 2024 innovations

cTrader’s focus for the next year would be on developing new tools for Introducing Brokers (IBs) and partners, particularly those related to algorithmic (algo) trading, the company’s head of growth told FinanceFeed in an exclusive interview at the Finance Magnates London Summit 2023.

Digital Assets

Grayscale’s Ethereum ETF stalls: SEC extends review to January 2024

The United States Securities and Exchange Commission (SEC) has extended the evaluation period for Grayscale’s proposed Ethereum spot ETF.

Institutional FX

BMLL completes China equity data offering: Shanghai, Shenzhen, and Hong Kong

“Demand for China data has never been higher. This is set against a general industry trend of increased market participant sophistication, and an increasing demand for quality historic market data to understand market microstructure and venue behaviour. Market participants need to get the full picture of market quality, liquidity and order book dynamics to ultimately make better informed decisions on the markets they trade and the venues they run.”

<