he Brief

Wisp provides an an effortless, reliable, and protected approach to allow recurring/subscription cryptocurrency transactions

Founders

Andrew Kim

Uladzislau Radkevich

Y Combinator (W23) Just Launched

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‍^{David J. Phillips @davj / 5:30 PM PST • January 16, 2023}  

As the cryptocurrency market continues to expand, more businesses are recognizing the value in accepting cryptocurrency as a form of payment. A 2022 survey by Deloitte found that nearly 75% of retailers plan to accept cryptocurrency or stablecoin payments within the next two years, highlighting this growing trend. However, despite this trend, the use of cryptocurrency for subscription payments is not yet widely accepted, potentially leaving out consumers without access to traditional forms of payment and result in lost revenue for merchants.

That's where Wisp Finance comes in! Founded by Andrew Kim and Uladzislau Radkevich, with the goal of enabling all companies to accept subscription payments in cryptocurrency. With experience from companies such as Google, Revolut, Accenture, and Credit Suisse, the Wisp team has developed a crypto payment SDK that makes it easy for merchants to accept crypto payments, starting with subscription payments.

‎Wisp's platform is incredibly user-friendly and secure, making it easy for merchants to integrate the Wisp payment widget into their checkout page using the SDK. The platform provides a dashboard for merchants to manage their products, transactions, customers, and holdings, and a consumer-facing UI that allows for easy management of subscriptions using an intuitive interface accessible through their wallet.

Notable features include:

• Easy integration of the payment widget using the SDK
• Intuitive UI/UX for both merchants and consumers
• Customizable product and pricing options
• Compliance-friendly transaction records
• Users can get a list of subscriptions using their own dashboard and cancel a subscription directly with the smart contract
• Multi-chain support (currently Ethereum and Polygon + more to come)
• Cash out in fiat (coming soon)

‎As an added convenience, the Wisp team will take care of the integration process for the first five customers. Don't miss out on the opportunity to stay ahead in the game of crypto subscription payments with Wisp Finance. Reach out to Wisp Finance at andrew@wisp.finance or fill out the form located at https://wisp.finance.