Introduction
The Paytr Protocol is a decentralised, permissionless, protocol that facilitates earning money by making early payments. Companies integrating Paytr will benefit from more invoices being paid on time.
Earn money by paying early
Get rewarded just by paying. Easy, right? No need to do anything out of the ordinary. You pay, our smart contract takes care of the yield, you and your supplier receive funds on the due date. And there are more perks if you pay early:
Discounts
Perfect payer reputation
No penalties or fees because of late payments
Stronger relationships
Improved terms
Reduced stress
Priority service
Early payments offer savings, trust and long-term advantages. And with more and more platforms using onchain signals to let you borrow, Paytr is the perfect protocol to use for all your payments.
Are you making direct payments or offering a crypto invoicing solution? Get in touch via Discord or Twitter ! We’d love for you to use our protocol so everyone can benefit.
Our smart contract leverages the power of Compound Finance to earn yield on your payments.
Getting paid on time
Incorporating payment processing services via Paytr offers your company the opportunity to enhance the timeliness of invoice settlements, thereby decreasing the need for extensive follow-up efforts and reducing the duration spent awaiting funds. Paytr facilitates improved cash flow management by providing confirmation of payment dates, thus fostering more accurate forecasting of incoming revenue streams.
More use cases:
Risk free invoice factoring when payment was made through Paytr. The payout date is confirmed.
Ticketing: Funds are paid out when the concert, movie,... starts.
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Author
I'm Pieter. Accountant and smart contract developer. My goal is to help bring DeFi to the masses. Inspired by Andreas Antonopoulos - "This isn’t about banking the unbanked; it’s about unbanking all of us". +3 years Web3 experience, Consensys Developer Bootcamp 2021 graduate, Consensys Product Ambassador Genesis Cohort. Father of 2.
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