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Accepting payments in USDC
The features of accepting payments in USDC.¶
After enabling this option in the Merchant WebMoney service a merchant can accept payments the units of USDC cryptocurrency from the buyers who cannot be the members of WebMoney Transfer
For the merchant accepting such payments looks the same as accepting payments from the members that already have a WebMoney purse.
With this, there are the following peculiarities:
- The minimum amount of a payment in USDC is 0,01;
- Merchants' purses are funded after receiving of a minimum of six confirmations of a transaction in the ethereum.org, avalanche and solana relay network database;
- Merchants can accept payment to WMQ-, WMZ-purses;
- USDC taken as payment for goods and services are kept in the WMQ title units format that are further transferred either to the merchants' Q-purse or to the Q-purse a of the automatic exchage service. In the second case, the funds after being exchanged at the current exchange rate are transferred to the WMQ-purse that is adjusted to accept USDQ.
To quickly redirect the payer to the USDC payment page, the seller must set the payment method parameter LMI_ALLOW_SDP=33.
<input type="hidden" name="LMI_ALLOW_SDP" value="33">
Adding the above line to the payment request form will allow the payer to immediately go to the product payment page in USDC, bypassing all preliminary steps (authorization, selection of payment method, etc.).
See also:
Web Merchant Interface
Merchant WebMoney Transfer
Two Simple Steps to Accept WebMoney Payments
Paying for products and services using the Merchant service
Paying for products and services in USDC
Accepting payments in Bitcoin
Accepting payments in Ethereum
Accepting payments in Litecoin
Accepting payments in USDT
Accepting payments in Monero (XMR)