{"id":8546,"date":"2022-07-21T21:57:51","date_gmt":"2022-07-21T16:27:51","guid":{"rendered":"https:\/\/aayushbhaskar.com\/?p=8546"},"modified":"2022-07-21T21:57:51","modified_gmt":"2022-07-21T16:27:51","slug":"stellarsol-making-online-payments-through-solana","status":"publish","type":"post","link":"https:\/\/aayushbhaskar.com\/stellarsol-making-online-payments-through-solana\/","title":{"rendered":"StellarSOL: Making Online Payments Through Solana","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
The world is changing with each passing day, and so is the crypto space. With so many decentralized products making headlines, there is an Indian start-up that aims to bring a new mode of payment for online shopping nerds.<\/p>\n
StellarSOL is a platform that lets you make payments on some of the most popular shopping brands with Solana tokens. Yes, you can definitely use it in India as well.<\/p>\n
This review will try to decode this revolutionary platform and analyze whether it is useful for us or not.<\/p>\n
StellarSOL is a Chrome extension that lets you make payments through your Solana tokens<\/a>. All you have to do is scan Solana Pay\u2019s QR code generated by the StellarSOL extension and make the payment through either Phantom or Glow Wallet on your mobile.<\/p>\n You can enjoy using the services of StellarSOL in four countries as of now. These include India, Singapore, the USA, and Dubai.<\/p>\n StellarSOL is still under development and soon plans to launch its services to the users.<\/p>\n Although there are very limited features of Stellar that are revealed to the public, I will try to decipher them to my extent. So, let\u2019s get straight into it.<\/p>\n The most revolutionary feature of StellarSOL is its acceptance of Solana tokens as a payment method. With this, it becomes one of the first Indian companies to let users make payments through a cryptocurrency.<\/p>\n No, this platform is not limited to a handful of apps only. StellarSOL aims to bring a revolution in the payment industry and to do that, it has tied up with almost all the major E-commerce players in India.<\/p>\n Using StellarSOL, you can complete the payment of your transaction with your Solana tokens within minutes.<\/p>\n This makes it super convenient and easily accessible.<\/p>\n Commonly, most SaaS brands offer their apps or web portals to generate their operations. However, things are different for StellarSOL because it has none of them. All you have to do is install a small Chrome extension that will allow you to generate the bar code for Solana.<\/p>\n You can then easily scan the code and complete your payment without using any fiat currency.<\/p>\n With StellarSOL, you don\u2019t need to verify your account with KYC<\/a> to make payments. This is because it uses SPL USDC as its primary payment token and does not need any documentation or verification.<\/p>\n Simply install the extension and start using StellarSOL without any hassles.<\/p>\n <\/p>\n StellarSOL uses Solana Pay to complete the transaction on different platforms. It simply generates Solana Pay\u2019s QR code through its extension, which is easily readable by different apps like Phantom.<\/p>\n Then, as soon as the user scans it, he gets the option to complete the payment by transferring the desired SOL tokens.<\/p>\nFeatures Of StellarSOL<\/h2>\n
1. Making payments Through Crypto<\/h3>\n
2. Available On Various Platforms<\/h3>\n
3. Browser Extension<\/h3>\n
4. No-KYC Verification Needed<\/h3>\n
5. Using Solana Pay<\/h3>\n