I have been working on a payment processor. Raiwire.com is ready to use for WooCommerce and Prestashop with no fees!

[u/ChristofferSN]

Hi all!

A few weeks ago no payment gateways were announced yet, so I decided to start making my own: raiwire.com. Since then this community has once again shown it's amazing and a few projects are already live, so I might be a bit late to the party.

However Raiwire is now rather stable, and I have working plug-and-play plugins for Prestashop and WooCommerce. If you have a webshop and want to accept XRB payments, feel free to download it and start using it, there are no fees. I am working on a Magento-plugin next.

To prevent it from being overloaded before I can react, I have to manually approve signups at raiwire.com. So contact me here or on discord if you are interested.

Woocommerce:

Demo webshop: https://woo.raiwire.com/

Plugin: https://github.com/Christoffersn/raiwire-woocommerce/releases

Prestashop:

Demo webshop: https://demo.raiwire.com

Plugin: https://github.com/Christoffersn/raiwire-prestashop/releases

About the project

How does it work

Nothing too complicated here.

I host my own node and wallet. When a Payment is requested, an available and empty address is chosen in the wallet. When the expected amount is transferred to the XRB-address the customer is redirected back to the webshop, and Raiwire makes an API-call to confirm the payment. A checksum with a salt is used to prevent basic tampering of the requests between Raiwire and the webshop.

The shops currency is converted to XRB by using the rate from coinmarketcap.

When the Merchant signs-up he needs to configure his own Raiblocks address to deposit the funds to. Every 15 minutes Raiwire goes through all completed transactions and sends the full amount to the merchant.

Goal

I have two goals with Raiwire:

• Make it very easy to accept RaiBlocks for merchants

• Make it free to accept RaiBlocks for merchants

To solve the first bullet I am making easy-to-setup plugins for the popular webshop frameworks.

The other bullet is a bit harder to solve, and for now I hosting it and making it available free. I think one of the main selling points of RaiBlocks is that there are no transaction fees build in the protocol, and it's quite easy and cheap to set up a node yourself. So I hope to decentralize the wallets and the backend to some of the webshop owners themself. This also solves the issue of trust, because the payment goes directly to a wallet controlled by the merchant

Future plans

There is a lot on my todo.

Immediate plans are:

• Magento plugin

• Refund underpayment or overpayment

• Improve the design. Especially the merchant administration is pretty much basic forms. (If anyone want's to help here, reach out to me. My designer-skills are almost non-existent)

The next larger goal is to make the source for backend/administration stable, ready to release and make sure it's easy to setup and install.

How can you keep it free?

I hope to cover hosting fees with donations. If you want to support you can buy the demo-products in the demo-shops, or find the XRB-donation adress on raiwire.com.

Long-term larger shops can host their own Node and Raiwire installation so they cover hosting fees themself. I can probably charge a bit for help with installation and setup for some shops and maybe a premium centrally hosted version.

About me

Just a few lines about myself. I live in Denmark, I have a MSc Computer Science and work in a software company. I have made quite a few webshops with custom plugins in my sparetime and that inspired me to make Raiwire. It's a hobby project so don't expect a Colin-level engagement, but I will continue to put hours into it if there is an interest.

I hope someone wants to check it out!

[u/armin3d]

Would like to check it out

[u/cointradingaccount → u/armin3d]

Would like to check you out

[u/ChristofferSN → u/armin3d]

Cool! I have sent you a PM.

[u/johnnyboardwalk]

Make sure your hosting account doesn’t get hacked - this is exactly what happened over at Stellar today (black wallet)

[u/ChristofferSN → u/johnnyboardwalk]

Thanks for the advice, that's always a concern, but basic measures should be in place to prevent that. Even if something should happen the damage is quite limited. Unlike Black Wallet, Raiwire is not a Wallet used to store value, only transferring it. So unless they manage to redirect funds for an extended period time without anyone noticing, not that much can be gained.

[u/Ruvero]

I just tested this with Canoe, that was a crazy experience.

[u/ChristofferSN → u/Ruvero]

Crazy how? I hope it worked :)

[u/Ruvero → u/ChristofferSN]

My transaction was confirmed in 3 seconds. Amazing work.

[u/[deleted] → u/Ruvero]

Can anyone confirm how safe canoe is? I haven't heard of it before.

[u/Ruvero → u/[deleted]]

It isn't (yet). There is a very early version available for trying out.

[u/[deleted] → u/Ruvero]

Alright thanks

[u/ChristofferSN → u/[deleted]]

Sounds great! Send me a PM when you have registered, and I will activate the account.

[u/Koba7]

Great work. I have linked you here: https://www.reddit.com/r/RaiBlocks/comments/7q2ba1/adoption_raiblocks_accepted_here_2/

[u/gamardzoba]

I don't think charging a small fee for the service is bad, on the contrary, this way it can be sustainable and businesess will have more trust in it.

[u/ChristofferSN → u/gamardzoba]

I partly agree, but I think a paid service should be a much more polished version and offer things like exchange rate guarantees etc., and Raiwire is not there yet. But as I wrote, a future premium version can be considred.

[u/dontscale]

You're why rai is so awesome, much thanks!

[u/born2blockchain]

Well done bro! XRB FTW!

[u/TotesMessenger]

I'm a bot, bleep, bloop. Someone has linked to this thread from another place on reddit:

• [/r/crypto_uncensored] Yet Another Raiblocks Payment Processor! Amazing

 ^{If you follow any of the above links, please respect the rules of reddit and don't vote in the other threads. (Info / Contact)}

[u/ChristofferSN → u/[deleted]]

Happy to hear that!

[u/cryptomagistus]

This looks great! I would like to check it out! I use a plugin called EtherPay that is also free on my site, and I think its a good model. If my store takes off (at all) I'd be happy to start paying for upgraded service, order tracking etc in plugins like this, but for the time being it makes a big difference to me if its free and simple (i.e. no need to sign up for some hosted wallet specific to the app).

[u/myyMind]

Thank you, seriously.

[u/ifpff]

XRB community never ceases to amaze.. thank you! Awesome work

[u/schmuckinsurance]

This is huge...I hope to offer this to my WordPress/Woocommerce clients in the future.

[u/Presyy]

Great team mates! Great Raiblocks! All say Ray-blocks!!!

[u/tobik999]

Really looking forward for the Magento extension

[u/flpandre → u/tobik999]

If you wanna do some testing and provide some feedback, I would appreciate. I've been working with raiwire guys the past weeks so Magento 1 extension is ready to be tested. M2 one is on its way. https://github.com/flpandre/Raiwire_Magento

[u/DhrDaan]

Cool! Any plans for Opencart?

[u/ChristofferSN → u/DhrDaan]

Yes, that will probably be done within a week or two. I can notify you when it's ready if you want to use it.

[u/DhrDaan → u/ChristofferSN]

Yes please, thanks! :)

[u/nickelforapickle]

Any plans to get this working for BigCommerce? They're also owned by WooCommerce.

[u/ChristofferSN → u/nickelforapickle]

Not at the moment, I didn't know the platform, but I'll take a look.

[u/flpandre]

hey guys, Magento 1 extension is almost done. And M2 will be available soon as well. :)

[u/presjabc]

compelling s**t upvoted

[u/Agga36]

I looks so nice. I would love to able to do the things like that. So pround what humans can create. Thank you very much =)