SolanaPay USDC / Solana Coin Payment Inegration for Magento 2

SolanaPay USDC Payment Integration integrates your Adobe Commerce store with the Solana blockchain, enabling you to accept cryptocurrency payments with ease and security. This innovative payment solution leverages the speed and efficiency of the Solana network, providing a seamless transaction experience for both merchants and customers. Accept payments in USDC, a stablecoin pegged to the US dollar, ensuring stability and reliability in your e-commerce transactions.

Account & Pricing

• Account Requirements: A separate Solana wallet account is required to receive payments. Compatible wallets include popular options like Phantom.
• Account Creation: Account setup is not part of the extension installation and must be done separately. Sign up for a Solana wallet here.
• Additional Fees: There are no additional service fees; however, standard blockchain transaction fees apply.
•  Pricing Details: SolanaPay does not require any additional pricing from merchants for its services.
• Merchant Support:  For inquiries regarding account setup, please feel free to contact us at [email protected] or through our contact page form. 

Features

• Cryptocurrency Payments: Accept USDC payments via the Solana blockchain directly in your store.
• Cryptocurrency Payments: Version 1.2 also accepts  payment  with Solana Coin
• Seamless Wallet Integration: Easy integration with popular Solana wallets like Phantom for customer convenience.
• Enhanced Security: Benefit from the inherent security features of blockchain technology.
• Real-Time Transaction Processing: Enjoy high-speed and low-cost transactions on the Solana network.
• User-Friendly Interface: Simple and intuitive setup for both admins and customers.

Security & PCI Compliance

•  Transaction Method: Our integration employs a web3 API approach, directly interfacing with the Solana blockchain. This method involves the Phantom wallet, where customers securely complete their transactions in a non-traditional, decentralized environment, enhancing security and user trust.
• PCI Compliance and Data Handling: Payment processing is completed within the Phantom wallet, ensuring sensitive payment data is managed by the wallet, not by our system or the Magento server. Our integration is designed in alignment with PCI DSS principles for secure transaction handling within a decentralized model. However, for transaction verification and record-keeping purposes, we store the public key and signature associated with each completed transaction. This data is critical for ensuring the integrity and authenticity of transactions but does not include sensitive payment details.
• Integration with Phantom Wallet: The interaction with Phantom wallet is seamless, providing a familiar and secure interface for transactions. The system ensures accurate communication of the total price to be paid and confirms transaction completion, while the critical elements of the transaction, including public key and signature, are securely stored for verification purposes.

Benefits

• Expand Payment Options: Offer your customers a secure, private, and innovative alternative payment method.
• Attract Crypto-Savvy Customers: Tap into the growing market of cryptocurrency users.
• Reduce Transaction Costs: Benefit from lower fees compared to traditional payment gateways.
• Fast and Reliable: Utilize the high transaction speed of the Solana blockchain.
• Easy Integration and Configuration: Quickly set up and configure the extension to suit your business needs.

Additional Accounts Required

• Solana Wallet Account: Merchants must have a Solana wallet account to receive payments.
• Solana RPC Service: Access to a Solana RPC service is necessary for interacting with the Solana blockchain. This may involve setting up an account with a Solana RPC service provider.

Technical Specifications

• Compatibility: Compatible with Adobe Commerce 2.x.
• Installation and Setup: Standard  Adobe commerce extension installation and configuration
• Best Practices: Developed in accordance with Adobe Commerce coding standards and best practices.

Use Cases

• E-commerce Stores: Ideal for online stores looking to accept cryptocurrency.
• Tech-Savvy Merchants: Suitable for businesses wanting to embrace blockchain technology for transactions.
• Global Commerce: Perfect for stores with an international customer base, offering a universal payment solution.

Support and Updates

• Dedicated Support: Our team is available to assist you with installation, configuration, and any issues you might encounter.
• Regular Updates: Stay updated with new features and enhancements, ensuring compatibility with the latest Adobe Commerce versions.

Embrace the future of e-commerce with SolanaPay for Adobe Commerce. Offer your customers a cutting-edge payment solution while enjoying the benefits of blockchain technology. Simplify transactions, reduce costs, and expand your market reach with SolanaPay.