Overview

AkashicPay: Non-Custodial Crypto Payment Gateway

What is AkashicPay?

AkashicPay is the world's first decentralised Web3 payment solution service, offering a low-fee, non-custodial framework built on AkashicChain technology. By combining the security benefits of cold wallets with the convenience of hot wallets, it creates a direct merchant-to-consumer payment system that streamlines the settlement and payout processes.

This innovative approach makes AkashicPay ideal for both businesses new to cryptocurrency payments and those already integrated with existing centralised solutions. Merchants gain complete control over their assets while benefiting from seamless payment processing, reduced transaction costs, and enhanced security.

Key Features

  • Non-Custodial Platform: AkashicPay does not hold any of your assets or keypairs

  • High Speed with Low Fees: Industry-leading deposit settlement fee of just 0.1%

  • One-to-One Address Mapping: Each end-client receives a dedicated and permanent address

  • Trustless Settlement: Based on on-chain smart contracts on AkashicChain

  • Automated Processes: Settlement, address management, and withdrawals are all automated through the SDK or SecureAPI

  • Secondary KeyPair Management: Enhanced security with additional rotatable KeyPair for access management

  • Real-Time Settlement: Immediate access to your funds — no waiting for banks to clear

How AkashicPay Works

The AkashicPay system operates through a straightforward process:

  1. Deposit Address Generation: Each client receives a unique L1 blockchain address

  2. Payment Processing: When funds are sent to the address, they are securely received and are immediately available in your account.

  3. Callback Confirmation: The system provides a callback to confirm when funds have been deposited

  4. Settlement: Funds are settled according to the payment terms with minimal fees (0.1%)

End-Client/User Experience

When using AkashicPay, each transaction generates a unique deposit address e.g.

TRjE1H8dxypKM1NZRdysbs9wo7huR4bdNz

This address is presented to users along with a QR code for easy scanning:

Deposit Wallet Compatibility

AkashicPay can be used alongside existing wallet solutions:

  • Deposits can be made using any compatible third-party wallet or service

    • Supported wallets include MetaMask, TronLink, and other standard blockchain wallets

  • Gives your End-Clients flexibility to choose how they top up their balance or send funds to your system.

  • We also provide our own wallet solution: AkashicLink

Security and Control

AkashicPay prioritises security and control through:

  • Replacement of private key authentication with KeyPair authorisation.

    • All L1 private keys are managed by the AkashicChain consensus layer

      • Private keys are handled in a non-custodial way through the use of Shamir Secret Sharing.

        • No single entity of the chain has access to your private key

        • No single jurisdiction has access to the majority of the nodes of the chain

    • One KeyPair can control multiple crypto assets

  • Encrypted wallet security ensuring only you can access your funds

  • Blockchain-based security for all transactions and settlements

    • There is an immutable ledger of transactions i.e transaction history cannot be changed

Benefits for Businesses

Implementing AkashicPay provides several advantages:

  • Direct Payments: No intermediaries between you and your customers

  • Lower Fees: Save significantly on transaction costs compared to traditional payment processors

  • Quick Integration: Easy SDK or SecureAPI implementation for developers

  • Web3 Compatibility: Future-proof your payment infrastructure

  • Enhanced Security: Blockchain-based security without custodial risks

  • Open Source SDK and SecureAPI: Payouts are made directly from AkashicChain through the SDK or SecureAPI without AkashicPay’s involvement.

Technical Specifications

Feature
Details

Supported Networks

USDT - TRC20 / ERC20

Deposit Charge

0.1% (or a minimum charge of 0.1 USDT per transaction)

Please refer to AkashicChain's network fees here*

Settlement Period

Real-Time

Deposit Method

QR code / wallet address

Daily Deposit Limit

Unlimited

Service Hours

24/7

Transaction Arrival Time

L1: ~60-90 seconds Tron / 140-200 seconds Ethereum AkashicChain L2: instant

Customer Service Support

24/7

Admin Dashboard

Yes

Transaction Monitoring

Yes

Service Targets

Any Industry

Minimum Daily Transaction Upon Account Creation

None

L1 Address Activation Fee

0.5 USDT (One-time fee on first deposit)

Minimum Viable Deposit

1 USDT (Deposits below this are not settled)

SDK Support

JavaScript, Java, C#, PHP

*Gas Fee Delegation is inclusive of actual L1 network gas fee. Please note that minor adjustments will be made regularly based on market conditions as decided through AkashicChain consensus

Getting Started

To implement AkashicPay in your business:

  1. Begin accepting cryptocurrency payments with minimal fees!

For developer documentation and SDK or SecureAPI access, visit our SDK section or SecureAPI section.

Contact Us

For more information about AkashicPay and how it can benefit your business, please contact our team:

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