Topic: Sheepy - new cryptocurrency payment gateway (Read 853 times)

We’re excited to share that Sheepy is teaming up with Slotegrator, a top player in the iGaming industry. This partnership means online casino and sportsbook operators using Slotegrator’s platform will now have access to Sheepy’s smooth and secure payment solutions.

With Sheepy’s advanced payment tech, Slotegrator clients can enjoy benefits like multi-currency transactions, easy fiat-to-crypto conversion, static deposit addresses, mass payouts, and more. This integration is all about faster transactions, lower costs, and top-notch security.

Want to learn more? Check out www.sheepy.com.

We are thrilled to announce a strategic partnership with Praxis, a global leader in payment orchestration technology. This collaboration is set to enhance the financial ecosystem by combining Sheepy's cutting-edge financial solutions with Praxis's advanced payment orchestration platform.

Praxis, renowned for its cutting-edge payment orchestration platform, excels in offering businesses a streamlined approach to managing multiple payment methods and gateways. By integrating Praxis's technology, businesses can significantly enhance their payment processing capabilities, ensuring higher transaction success rates and improved customer satisfaction.

This partnership will leverage the strengths of both companies to deliver comprehensive solutions that address the evolving needs of businesses in the digital age. The collaboration aims to provide merchants with:

➡️ Invoice processing: Efficient and streamlined invoice management to simplify billing and payment collection processes.
➡️ Auto conversion and auto withdrawal: Automated currency conversion and withdrawal services to optimize financial operations and minimize manual intervention.
➡️ Mass payouts: Capability to handle large-scale disbursements to multiple recipients quickly and securely.
➡️ Fiat-to-crypto onramp: Seamless integration for converting fiat currency to cryptocurrency, expanding payment options for customers.
➡️ Deposit addresses: Unique deposit addresses for secure and efficient transaction tracking and management.

For additional information or inquiries, please contact us at [email protected].

We are thrilled to announce a new collaboration between Sheepy and WooCommerce, bringing you an innovative solution for accepting cryptocurrency payments on your online store!

With the new Sheepy payment plugin for WooCommerce, you can easily integrate crypto payments, ensuring a secure and smooth checkout experience for your customers. Our plugin supports popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Tether (USDT-ERC20), TRON (TRX), Tether (USDT-TRC20), and XRP.

Key features of the Sheepy payment gateway include:

• Auto conversion for seamless crypto transactions
• Fiat auto withdrawal directly to your bank account
• Custom invoices via API
• Mass payouts for multiple recipients
• Deposit addresses on supported blockchains
• Fiat onramp for cryptocurrency purchases with credit cards

Getting started is easy! Download the Sheepy plugin from the WooCommerce Extensions Store and install it via your WooCommerce admin panel.

Elevate your online store with Sheepy's crypto payment plugin for WooCommerce. Experience the power of seamless transactions today!

Sheepy is proud to announce its new crypto onramp solution, designed to enable iGaming merchants to offer players a straightforward method for purchasing cryptocurrencies using credit cards. This innovative flow facilitates direct deposits of digital currencies into merchants' wallets, simplifying the payment process to be as easy as 1-2-3.

How it works

The process is straightforward:

• Players select the desired amount of cryptocurrency they wish to purchase
• A regular fiat payment is completed using a credit card
• Players instantly get the cryptocurrency and deposit funds to their accounts
• iGaming operators receive the cryptocurrency directly to their deposit addresses accessible here: https://www.sheepy.com/deposit-addresses

Key benefits

• The one-click purchase and deposit process reduces any conversion killers and simplifies the payment flow
• Deposit address feature allows to reduce the volume of mistakes while the player enters details: wrong addresses and networks
• Sheepy's onramp opens doors to customers from over 190 countries, even if you never had any prior payment experience in those countries
• iGaming companies can effortlessly integrate Sheepy's solution into existing payment systems without the need for technical adjustments
  

For more information about Sheepy’s onramp and how it can transform your business, please visit the Sheepy website or contact our team.

We believe that despite the advancements in e-commerce, there's still a noticeable gap in robust and user-friendly crypto payment plugins. This is where Sheepy comes in. We're proud to offer a solution that fills this gap, providing a secure and seamless crypto payment experience that many solutions currently lack. Our focus is on enhancing e-commerce transactions with the convenience and security of cryptocurrency

Regarding open-sourcing our project, while we recognize the community's trust in open-source initiatives, we have chosen to keep our project proprietary for now. Our commitment to transparency, security, and user trust is unwavering, even without an open-source model.

I understand that, but is it really impactful? I believe Prestashop allows anyone to build their plugin, so it sounds like something that regularly happens. At the very least, it doesn't seem like a big deal, similar to how an open-source project collaborated with each other in their initial stage, unlike some big deals such as Google and Apple making a join-partnership or something.

I guess that is just a marketing strategy in the end, so I can't really blame you as long as it is not misleading. Another way to increase credibility is if you can open-source your project or allow the community to verify the code. I believe you can understand why an open-source project is well-liked by the community.

Collaborating with a well-established platform like Prestashop enhances our credibility and introduces our service to their loyal and trusting customer base, helping to break down skepticism surrounding crypto transactions.

Your point about engagement is well-taken. We acknowledge that we might have been less active recently. Going forward, we strive to enhance our engagement with the community, ensuring that no questions are left unanswered.

Hi,
While the withdrawal feature is indeed useful, especially for converting Bitcoin earnings into fiat currency, it's more of a supplementary service. The core value of these systems lies in their ability to seamlessly integrate Bitcoin payments into everyday commerce, making it as straightforward as using traditional payment methods.

Hi!

Of course, we support the decentralization ethos and the freedom it brings. Our aim is not to replace P2P transactions but to offer an alternative for those who might find value in a more structured system, especially in a commercial context.

I can't seem to understand what's the importance of the partnership you shared above since it basically means Prestashop now has your plugin available for their customers. What kind of steps will lead to a better marketplace environment from that? I don't think this is the first time a marketplace allows a crypto service to develop a plugin for their platform either; CMIIW

It would be great if you at least responded to what others said instead of just posting news here and there. You did that a few months ago iirc, I don't understand why you stopped doing that.

Hi,

We are thrilled to share some groundbreaking news from the Sheepy team! We have officially partnered with PrestaShop, a leader in open-source e-commerce solutions. This partnership marks a significant milestone in our journey to innovate the world of online and Sheepy's cutting-edge cryptocurrency payment solutions, we're set to transform how merchants and customers interact in the digital marketplace.

What does this mean for you? A seamless, secure, and efficient online shopping experience that leverages the power of cryptocurrencies.

The Sheepy payment module, specifically designed for PrestaShop, introduces a hassle-free approach for merchants to incorporate cryptocurrency as a payment option. Reflecting Sheepy’s commitment to innovation and user empowerment, the module boasts real-time exchange rate updates and a suite of features including API access, comprehensive transaction tracking, and custom invoice creation, alongside convenient auto-withdrawals.

Installation Simplified

To install the Sheepy module, download it with the Download button atop this page. Within the PrestaShop admin panel, navigate to Modules -> Module Manager and select Upload a Module. You can drag and drop the module archive or select the file to initiate installation.

Alternatively, find the module under Modules -> Marketplace by searching for Sheepy and click Install.

This partnership is more than just a collaboration; it's a step towards a future where e-commerce and cryptocurrencies merge to create a more inclusive and dynamic economy.

We invite you to join us to explore the possibilities this partnership opens up. Check out our new integration on the PrestaShop Addons page and get ready to elevate your e-commerce game!
▶️ Explore Sheepy crypto payment solution on PrestaShop

Payment systems are not here to replace P2P trading though, they are here to help sellers provide a payment system to accept Bitcoin so their buyers can use their BTC to buy stuff. The withdrawal stuff is just here to help them liquidate their sats after they make successful sales. It is just there for convenience, not the main selling point of such a system. If anything, his competition is another popular open-source and self-hosted payment system like BTCPay Server. CMIIW.

Sorry to distract but i will have to give my own take on this, considering that this is a large bitcoin community that is more focused on bitcoin, decentralization, security and privacy, I don't think the use of a payment gateway system will be an effective offer over using a p2p network on the blockchain, am not saying this to discourage for your service or what you offer, but this is one of the benefits of this forum, we advise on the best alternatives while people make their own final decision.

Big news from Sheepy! We've rolled out our Custom Invoice Settings via API. Now, you can jazz up your invoices just the way you want.

Feature Highlights:

• Currency: Set a distinct currency ticker overriding the profile settings. Fancy an invoice in Litecoin over Bitcoin? Now you can!
• Fees: Choose between fixed or percentage fee structures, superseding the default profile.
• Notification URL: Modify the HTTPS URL for personalized invoice status updates, a step up from the standard notification URL.
• Autocomplete: Decide on the auto-completion of invoices that are expired or partially paid, taking precedence over profile settings.
• Gateways: Customize your gateway preferences. Want to limit payments to just Bitcoin and Ethereum? Consider it done.
• Autoconversion: Adjust autoconversion aspects, like type, gate, and conversion percentage, replacing default profile settings. For instance, opt for converting just half of the amount via your preferred gateway.

Need a hand or got questions? Contact us or swing by here.

Jump in and have fun invoicing with Sheepy!

Hi,
Our platform operates with stringent compliance measures and security protocols that align with EU regulations. We even provide KYT insights to our merchants to enhance transparency and security.

Thanks for pointing that out! Clarity is essential, especially when dealing with financial transactions. We'll definitely look into making the distinction even clearer on our platform to enhance user experience.

Hi,
Certainly, caution is always wise, especially online. While domain age isn’t a definitive indicator of legitimacy, we understand your concern. We’d like to assure you that our reference to experience is based on our team’s collective expertise in crypto and fintech, accumulating over a decade.

Absolutely understand your concerns! The restrictions aren't about favoritism towards certain countries; it's about adhering to international laws and regulations. While we require EEA IBANs for fiat withdrawals, non-EEA jurisdictions aren't restricted - crypto payouts are still available, and there are options for non-EU entities to open EU accounts for greater access. Plenty of alternatives are at your disposal. And we really work hard to add new local currencies!

Just to say the needful, can we know if you have compliance in other to function optimally.

This question is coming from a place of "I love the project but I have to be sure" and this is not meant to taint the project in a negative light but due diligence must be done to be safe all round as a user across any platform.

It is still a point to consider especially if the service doesn't have any reputation before. Some scammers buy domains too and they trick users by saying stuff like experienced in crypto for 5 years or something similar. Nothing is wrong with being careful.

I see, maybe you need to edit it so that the difference is quite clear. Not sure how it goes though, I can't check it on my mobile phone. Hopefully, you can address other concerns in the future.