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Decentralized subscription payments with cryptocurrency

Project description

A simple way to use bitcoins for subscriptions

The cryptocurrency industry is growing. A leading crypto-tracking site, CoinMarketCap, has listed more than 2 000 coins. Currently, one-time payments in cryptocurrencies are easy. Subscription payments are not. The EU-funded AMBRPAY project aims to facilitate recurring transactions for cryptocurrency via smart contracts. It will create and interact with smart contracts on the blockchain. Customers will be able to put their funds in these smart contracts from which the businesses that provide a service can take the necessary amount of cryptomoney. AMBRPAY will provide the business with a web interface to manage their customers and payments. Ultimately, it will make transactions cheaper, faster, and the use of your cryptocurrency a more convenient and simpler experience.

Call for proposal

See other projects for this call

Funding Scheme

SME-1 - SME instrument phase 1


Forrlibuckstrasse 10
8005 Zürich
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EU contribution
€ 50 000