📙
Cray
  • Introduction
    • The Problem
    • How it works?
    • Want to Learn More?
  • APIs
    • Check Health
    • Create Payment order
    • Submit Order
    • Order Status
    • Fetch Approval
    • Supported Chains
    • Supported Token
  • AbstractPay SDK
  • ReactPay Hook
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  1. Introduction

The Problem

The current payment landscape is Broken.

Crypto payments promise a better future but bogged down by inefficiencies and complexities. From fragmented liquidity to high fees, transactions remains slow, expensive and user-unfriendly.

💥 Key Challenges

  • 🧩 Too Many Chains: Liquidity is spread across multiple chains and ecosystems.

  • 💰 Too Many Tokens: For example, I have $100, but it's split between 50 USDC and 50 USDC.e.

  • 🐌 Slow & Costly Cross-Chain Transfers: Sometimes it takes 15 minutes to find liquidity and complete an action, which can lead to abandoned tasks.

  • 🌀 Complex Blockchain UX: Gas fees, and network switching make blockchain payments confusing for everyday users.

  • 💸 High Fees: On-ramp and off-ramp fees are high, with many chains having endless bridging, swapping, and intermediary fees.

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Last updated 1 month ago

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