In today’s global economy, freelancers, marketplaces, and online businesses face numerous challenges with cross-border payments. High transaction fees, long settlement times, and limited control over funds create friction in international transactions. Braidpay, a leading innovator in gas fee-free stablecoin transactions, addresses these challenges head-on. By integrating Portal’s Web SDK, Account Abstraction, and Enclave MPC API capabilities, Braidpay has created a seamless and secure payment platform that allows users to transact effortlessly across borders.

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Co-founded by Hadi Mahboob and Pedram Attari, Braidpay works across multiple stablecoins and networks. Freelancers, marketplaces, and other online businesses can create invoices and settle funds instantly while retaining full control of their assets in self-custodial wallets. 

The Challenge

Braidpay wanted to offer a frictionless payment experience for customers while ensuring top-tier security and compliance. Key challenges included:

• User Accessibility: Simplifying the process for payers unfamiliar with stablecoins or blockchain technology.
• Cross-Network Functionality: Supporting multiple blockchain networks and stablecoins seamlessly.
• Scalability: Building a robust infrastructure capable of supporting rapid growth.

The Solution from Portal

Braidpay partnered with Portal, a wallet-as-a-service, to integrate its Web SDK, Account Abstraction, and Enclave MPC API to overcome all three challenges. 

How Braidpay Uses Portal

1. Scalable Infrastructure: Portal’s cloud-native architecture supports Braidpay’s rapid growth, enabling the platform to scale effortlessly as user demand increases.
2. Cross-Network Support: Portal’s Web SDK gives businesses ownership of their funds and facilitates interoperability across multiple blockchain networks. Braidpay users can choose their preferred network for transactions, ensuring flexibility and reduced friction.
3. Gas Fee-Free Transactions with Account Abstraction: Account Abstraction removes the complexity of gas fees, allowing users to send payments without worrying about blockchain-specific costs.
4. Enhanced Security with Enclave MPC API: Portal’s Enclave MPC API allows Braidpay to securely manage treasury operations.

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Braidpay’s partnership with Portal showcases the transformative potential of combining advanced technology with user-centric design. By leveraging Portal’s Web SDK, Account Abstraction, and Enclave MPC API, Braidpay has established itself as a leader in cross-border payments, offering a platform that is not only efficient but also secure and accessible.

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For more information about Braidpay, visit Braidpay.com. To try Portal for free, click here.