🔥 Wisp: Recurring Crypto Payments

Crypto x Subscriptions

This week’s Web3 company Wisp makes recurring crypto payments/subscriptions safe, easy, and secure for both merchants and customers.

⚾ The Elevator Pitch:

Let’s say you’re starting a company that uses a subscription-based model. You want to accept both conventional card but also crypto. There currently is no easy way to implement this.

Wisp makes it a cinch for merchants to integrate a user friendly, easy, and secure recurring payment method, with either conventional payment options or crypto.

👇 The Drop Down:

Site: https://www.wisp.finance/

Founded: 2022

Traction: YC-backed

Team: Andrew Kim, Uladzislau Radkevich

🔍 Why we like it

1. 🤝 Subscriptions + Crypto

The average monthly subscription bill for US consumers is a whopping $219. The subscription business model has completely taken over, from Spotify, Apple Arcade, to Netflix (rip password sharing 😔). Wisp is opening up an entirely new subscription payment method for many consumers – recurring payments through crypto.

2. 🥷 All the perks and security of crypto

One-time purchases of goods with crypto have been around for a while now. Compared to conventional payment methods, it can be more secure, anonymous, and fast. Now with Wisp, merchants and consumers continue to enjoy the existing benefits of crypto with a new twist, recurring payments.

🤝 Get Involved with Wisp

• Join their beta or use their SDKs