[PAYBEAR] Crypto Payments Service

[ParallelSquid]

Have anyone tried their service? www.paybear.io
Been planning to integrate crypto payment for my small online shop and I find this site offering lower fees than current payment gateway right now in the market. Have anyone of you tried their service? They are just starting don't know if it'll be a good option for me to accept cryptocurrency. An advice would be helpful. They claim to have the lowest fees.

P.S. Would love to have your opinion about this. Thanks

[ActiveWizard77]

Have anyone tried their service? www.paybear.io
Been planning to integrate crypto payment for my small online shop and I find this site offering lower fees than current payment gateway right now in the market. Have anyone of you tried their service? They are just starting don't know if it'll be a good option for me to accept cryptocurrency. An advice would be helpful. They claim to have the lowest fees.

P.S. Would love to have your opinion about this. Thanks

Hello OP, I had been following their progress on telegram. https://t.me/paybear And they seem to have good potential as SaaS currently they have tied up with MarketDao and got retweeted by Litecoin. Maybe joining them on their telegram would help answer some of your questions.

I hope they will launch an ICO for me to invest. 

[ParallelSquid]

Thanks, men. Will look on their telegram to see what their team is about. Would love to use their service if I found their team to be great. any other opinion guys? Would love to hear if this service is legit or not. Thanks

[Slow death]

Would love to use their service if I found their team to be great.

The Team

Tushar Singh
CO-FOUNDER, CEO

Ivan Semin
CO-FOUNDER, CTO

Dmitriy Kataskin
BLOCKCHAIN ADVISOR

Dmitriy Krishtal
BLOCKCHAIN DEVELOPER

Ilya Aleshev
FRONTEND DEVELOPER

you can see all team members on their site: https://www.paybear.io

any other opinion guys?

they are new and in the who is has no information of them and this is a little strange, honestly I would leave at least 6 months before using this service of that site. let them operate for 6 months and then see people's feedbacks and if they have good feedbacks you use their service

[DiscretePatriot]

I'd agree that it's safer to give it some time and wait for feedback. If in case this is legit though, I am sold with the concept of stable coin prices while using the blockchain technology.

[dealth09]

Do they have an ICO where I can buy tokens?

[TryNinja]

Do they have an ICO where I can buy tokens?

No. But according to their youtube intro video[1], they may launch one soon.

[1] https://www.youtube.com/watch?v=XU1q4Lx_kzE

[DiscretePatriot]

I just did a trial payment using their website and it was quite cheap and fast indeed!

[ParallelSquid]

Would love to use their service if I found their team to be great.

The Team

Tushar Singh
CO-FOUNDER, CEO

Ivan Semin
CO-FOUNDER, CTO

Dmitriy Kataskin
BLOCKCHAIN ADVISOR

Dmitriy Krishtal
BLOCKCHAIN DEVELOPER

Ilya Aleshev
FRONTEND DEVELOPER

you can see all team members on their site: https://www.paybear.io

any other opinion guys?

they are new and in the who is has no information of them and this is a little strange, honestly I would leave at least 6 months before using this service of that site. let them operate for 6 months and then see people's feedbacks and if they have good feedbacks you use their service

I had been lurking on their telegram group and I think they seem to have a good future. The team even shared this. https://www.reddit.com/r/paybear/comments/7zheys/paybear_makerdao_partnership_announcement/

Is this a good sign for the project?

[ActiveWizard77]

I had been lurking on their telegram group and I think they seem to have a good future. The team even shared this. https://www.reddit.com/r/paybear/comments/7zheys/paybear_makerdao_partnership_announcement/

Is this a good sign for the project?

Yeah maybe, its yet too early but they seem to have a good team behind. They're just starting things. As slow death said, give them some time before you jump in. Or do test transaction on their website. They claim to have the lowest fee than the other competitors. https://www.paybear.io/pricing

[ParallelSquid]

I had been lurking on their telegram group and I think they seem to have a good future. The team even shared this. https://www.reddit.com/r/paybear/comments/7zheys/paybear_makerdao_partnership_announcement/

Is this a good sign for the project?

Yeah maybe, its yet too early but they seem to have a good team behind. They're just starting things. As slow death said, give them some time before you jump in. Or do test transaction on their website. They claim to have the lowest fee than the other competitors. https://www.paybear.io/pricing

Paybear or Bitpay? Paybear is definitely way more cheaper in terms of transaction fees, but seems a bit more complicated to set up (I have no experience in coding). Any thoughts?

[gordonsam32]

I'd go with what benefits users/customers the most which is a service with lower fees. I see some potential in Paybear because of this.

[greatfariola]

With Paybear's partnership with Makerdao, I am hoping to see some good results coming out of this in the near future. I believe that unstable prices is one of the reasons that keeps other  investors out of Cryptos.

[DiscretePatriot]

So far I see that Paybear is a legit  payment platform and hope that I am right  about this.. Excited to see how stable coin/DAI will unfold in the future.

[Essaint56]

Paybear stands trending ICO on BetaPage, I think its a good sign for them.

[SFR10]

Been planning to integrate crypto payment for my small online shop and I find this site offering lower fees than current payment gateway right now in the market.

Which other payment gateways (apart from "BitPay" that you mentioned on your other post)?

They claim to have the lowest fees.

That's in comparison to "Stripe" and "PayPal". In general, "crypto" payments are always cheaper (except for periods of network overload) than the other two methods (since they choose fees, based on the amount that's being transferred).
- In addition to those: Their 0% service fee on "Beta" stage, might change upon completion of the stage:

How much does it cost to use your service?
Our system is currently in BETA stage, as such our fees are 0% at this time. In the future when we begin charging fees we will give all users at least 30 days notice. Our fees will be in-line with our vision to provide a cost effective solution for Merchants.

Paybear or Bitpay? Paybear is definitely way more cheaper in terms of transaction fees, but seems a bit more complicated to set up (I have no experience in coding). Any thoughts?

Not a fan of "BitPay" and since "PayBear" it's a new service on this field, I recommend the following instead (for the time being):

1. Shifty Button (My personal favorite).
2. CoinPayments
3. CoinGate
4. Blockonomics

[ParallelSquid]

Not a fan of "BitPay" and since "PayBear" it's a new service on this field, I recommend the following instead (for the time being):

1. Shifty Button (My personal favorite).
2. CoinPayments
3. CoinGate
4. Blockonomics

I have checked all you have suggested. Here's my thoughts.

1. Shifty Button - I think this one is the most user friendly IMHO, I will dig deeper on it because I can't find their actual cost per transactions.
2. Coinpayments - Nah, I'll pass on this. CS sucks as we know it.
3. CoinGate - Not noob friendly, I don't know much about API's and stuff.
4. Blockonomics - Never heard of this.

I know Paybear is new in this market, but their team is very supportive. And their website, is a bit more enticing. LOL  
Bitpay on the other hand, claims to charge only 1% but it isn't true. IMO, they're charging more than that.

[heartrodriguez28]

I guess the only difference between Paybear and other gateways is that Paybear is still new. Still eyeing Paybear because of its much cheaper fees though. Will see how things go.

[ParallelSquid]

I guess the only difference between Paybear and other gateways is that Paybear is still new. Still eyeing Paybear because of its much cheaper fees though. Will see how things go.

Yeah I also think it that way. Been on their telegram group of paybear and in fairness to the team. They are very responsive and will be glad to answer any of my queries.

[SneakyRik]

Not surprised why Bitpay isn't recommended lol. Took a peek in the Shifty Button page and found that it was indeed user-friendly in terms of talking about how things work, but what I wanted was an actual comparison of fees which wasn't there. Paybear explains the fees well, but I need to take a second look at the APIs since I too am not so good with those.