Introducing Decent Checkout: Fiat to Any L2 and Destination Actions
Crypto onboarding so easy your grandparents could do it.
The friction between a user deciding to transact and actually doing so is one of the primary inhibitors to greater mainstream entry into crypto. Today’s new users must install a wallet, onramp fiat funds to mainnet, bridge to an L2, and swap for the required token to even execute a a transaction — a series of individual, time consuming, and increasingly complex steps. The more steps (and time) necessary to complete a desired action, the more likely a user will drop out of the process altogether.
In order to bring new users onchain, wallet generation and technical concepts like bridging cannot be prerequisites. In collaboration with Stripe and Privy, we’re excited to unveil Decent Checkout: a fiat-to-crypto onramp that removes hurdles and streamlines onboarding to a single interaction – all in a web2-style payment interface.
Decent checkout Simplifies fiat-to-crypto
With Decent Checkout, users can generate their first wallet, onramp to any token on any chain, and even execute onchain transactions (buying NFTs, depositing into DeFi, etc.) all from a single interface. Built with non-native users in mind, Decent Checkout leverages the execution of Stripe to offer a familiar web2 payment flow while tapping into the token and chain coverage of Decent’s crosschain routing.
Bye, bridging
Decent Checkout enables users to on-ramp their fiat currency directly to their desired token on any chain in a single transaction. With Decent’s crosschain infrastructure, users no longer need to bridge and swap assets across networks to begin engaging on apps deployed to L2 chains.
Fiat-supported onchain actions
Decent Checkout is the first and only way to use fiat for any onchain transaction.
Through embedded shortcuts called Destination Actions, users can complete actions such as NFT purchases — visit the NFT application, browse listings across chains and checkout directly from the onramp flow.
We will continue to add more Destination Actions to Decent Checkout in addition to the fiat onramp, crosschain bridge, and NFT checkout. If you would like your application's primary action to be included as a shortcut on Decent Checkout, please reach out to our team.
We’re excited to enable the first opportunity for users to participate in DeFi with dollars!
Embedded wallet optionality
Creating a new wallet is both time consuming and difficult for new users who must jump through multiple hoops before they can even fill it. With Decent Checkout, users can either connect an existing wallet or generate a new one by logging in with their email or social accounts via Privy. Our products are accessible to all.
Straight from the bank
Users can link their debit card or bank account to bring their fiat currency onchain; if they’ve ever created a login with Stripe before their credentials and information can carry over. Unlike some exchanges that require a waiting period for funds to be transferred or used, it takes only a minute or two for a wallet to be filled with fiat and usable.
Leveraging Stripe’s autofill tech, Link, users can opt to save their payment information upon first checkout to make future purchases even more seamless. Users who have ever created a login or KYC’d with Stripe previously can carry those credentials over with a simple SMS or email login!
No gas, no problem
Any transaction made with Decent Checkout is supported by meta-transactions with Gelato, which are gasless. Decent Checkout optimizes for the fastest, cheapest, and best routing execution so users can keep more money in their pockets and less worry in their heads.
Vitalik approved!
Even Vitalik himself cites the creation of onramps as “the holy grail” for taking decentralization mainstream.
User activity on L2 and app chains has skyrocketed, but the space has lacked easy ways for new crypto users to onramp directly to these networks.
To date, users have been forced to overcome multiple hurdles to fill their wallet with tokens on L2s, a process spanning multiple applications with plenty of room for error. With Decent Checkout, this once-tedious process is pared down to one purchase flow, making the onboarding process as seamless as any online purchase across the web.
Our goal at Decent is to enable mass adoption of crypto by removing all the friction between a user deciding to use a dApp and actually being able to do so. The lifecycle of a transaction traverses generating a wallet, onramping, bridging, swapping, and then, and only then, confirming their transaction. The status quo requires 4 different applications, 30+ minutes of effort, and positions technical concepts like bridging & swapping as prerequisites.
Decent Checkout abstracts all of these siloed steps to a single flow and is by far the easiest way for a user to get onchain. We're going to enable Apple Pay to be used on app chains and ETH to purchase coffees at Starbucks; Decent Checkout is a meaningful first step.
Charlie Durbin, CEO Decent.xyz
Onramp integration in minutes
Integration is as easy as dropping a button into your frontend. Decent Checkout has been built akin to a Plaid-style pop-up link, and can be integrated in five minutes or less! Custom configurations can be made through query parameters in the URL. For integration instructions, check out the docs here.
Crypto made easy Decent
For crypto usage to scale, entry of net new users and capital needs to be easy. Decent is on a mission to make crypto the easiest way to transact online.
Get started with Decent Checkout today, or checkout our point of sale APIs here. If you have any questions for our team or want to chat about how we can work with your platform today, DM our on Twitter or send us an email. Our dedicated team offers the best hands-on support around.