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Introducing SteemPay by asbear

View this thread on: hive.blogpeakd.comecency.com
· @asbear · (edited)
$102.19
Introducing SteemPay
![KakaoTalk_Photo_2018-04-26-22-42-19.jpeg](https://steemitimages.com/DQmQ5haGKQEyFPNxYL6VyDyZEYrKPiwf1yWpcbEUuRf6CdM/KakaoTalk_Photo_2018-04-26-22-42-19.jpeg)

I am introducing a new web app **SteemPay** that aims to help people to use SBD for selling and buying the real stuff. The primary mission of this tool is to simplify the selling and buying process using SBD.

Using SteemPay, you can create an invoice quickly, and the buyer can pay it by scanning QR code. You can also get paid without any Steem account if you have a Steem wallet in Upbit or Bittrex.

Although SteemPay only supports KRW currency for now, you can try out just for fun.
https://steempay.co

## Motivation

Korean Steemians who owns their own offline stores like pubs, restaurants or clinics have been trying to receive SBD for their products and services. However it was not as simple as they thought because:

- Converting the local currency KRW to SBD is a burden, and the exchange rate changes second by second
- No one step way for sellers and buyers to create and share an invoice
- Sellers and buyers must go through the manual processes for the payment, putting numbers by numbers
- no clear and unified way to keep the track of the transactions

**Here is the scenario of selling a cup of coffee for SBD.**
1. Seller calculates the SBD price of the product
2. Seller gives the number like 1.352 SBD to the buyer
3. Buyer opens whatever Steem app he uses and manually puts the seller's account ID and the price
4. Buyer also needs to put some memo about what he is paying the money for.
4. Put active key if neeeded.
5. Seller needs to check if buyer paid that amount.
6. Found any mistake in the processes above? sigh... 

SteemPay project was born to simplify this process, and has been making a great progress in his mission although it is still in its very early stage. SteemPay is now perfectly usable in Korea, and some Steemians are using it for their business already.

---

I will now walk you through what it does for the sellers and buyers currently.

# Main page
This web app is currently not responsible but dedicated for mobile devices. There is a button to open and close the sidebar in which there are some buttons to move around the features.
<table>
<tr><td>https://steemitimages.com/DQmTHeipWbUwhDTjPPVFGivfKjdvZci9HGLLdJwSLmQVx6d/Screen%20Shot%202018-04-26%20at%2022.44.08.png</td>
<td>https://steemitimages.com/DQmPdV36EWTuEdJyofDcB5YBDkBQVc29ScsUMNRnYpBWAnL/Screen%20Shot%202018-04-26%20at%2022.44.14.png</td></tr>
</table>

# Setting
Seller must setup their Steem accounts and exchange accounts in order to generate an invoice. Once it's done, seller can simply choose which account they want to receive the payment to. You must click "Save" as now it does not do auto save.

<table>
<tr>
<td>https://steemitimages.com/DQmVQBDm7Kvm4QmzHfBBGRZNszEXVFcxmZRbZZRd5VoFnb9/Screen%20Shot%202018-04-26%20at%2022.54.16.png</td>
<td>https://steemitimages.com/DQmUx3ExGwwzc84gkhHcBecA1m5qX8vWZu2AjKPqDDbrUyj/Screen%20Shot%202018-04-26%20at%2022.54.27.png</td>
</tr>
<tr>
<td>https://steemitimages.com/DQmY5PJ1WE9RwmwQ6P8wATQioHSTcAF8Kxr39apFeNY7yaa/Screen%20Shot%202018-04-26%20at%2022.54.45.png</td>
<td>https://steemitimages.com/DQmWKzLR6N72YrrBj8roS6iN5q8FFvY7a1r1Jszp2LEXSBU/Screen%20Shot%202018-04-26%20at%2022.54.52.png</td>
</tr>
</table>

# Invoice
You can create an invoice by putting the price in the local currency (now only KRW) and choosing the account. You can see the exchange rate is automatically fetched and applied to the KRW to SBD conversion. 

Once all the required fields are filled, you can click "Create Invoice" to generate the invoice with a QR code. This invoice can directly scanned using any kind of QR code scanner, or also can be shared with the other people through many other ways.

<table>
<tr>
<td>https://steemitimages.com/DQmUAEjP9tNYTuE1qFUpAnqa7ZcUkCZcjSGXf4tt2Xy3onm/Screen%20Shot%202018-04-26%20at%2023.02.20.png</td>
<td>https://steemitimages.com/DQmZCBbGjjL55e9rrPuPcNx13Zz2bDo9x9ZwARYVMJnPsTZ/Screen%20Shot%202018-04-26%20at%2023.02.32.png</td>
</tr>
</table>

At the moment the local currency is immediately converted to SBD and fixed to that value forever. However I am considering to add the opposite way of applying the exchange rate which is fixed to local currency and then converted when the payment is made. Both are necessary for the different types of businesses.

# Payment
You can scan the QR code in the invoice to make a payment. A QR code reader is embedded into the web app for Android devices, but you can use your favourite QR code reader as well.

iPhone users can use their camera app to scan the QR code. It is very obvious and easy.

<table>
<tr><td>https://steemitimages.com/DQmY64Lq6Jp2s5JxkKQZUn3DmnkWjpetVkgVDWhrrDitaNr/Screen%20Shot%202018-04-26%20at%2023.09.21.png</td>
<td>https://steemitimages.com/DQmWeTUFHNqi1AjK49Nb6byGPKbWtpFKhy72sJ3z4XE8uhM/Screen%20Shot%202018-04-26%20at%2023.09.47.png</td></tr>
</table>

If you click "Pay via SteemConnect", you are redirected to SteemConnect. For the first time, you will be asked to put the private active key. If you did make your browser save your active key before, you will not need to put it again.


# Used technology stack
NodeJS, Webpack, Javascript, HTML, ReactJs, ReactRedux, ReactRouter,  Semantic UI React, AWS EC2,  API Gateway, Lambda, Dynamo DB, etc

# Future Work
Although SteemPay is functioning, it is still in its prototype phase. There is very long to-do list but I will not share everything here. The items on the top of the list are:
- Supporting USD currency
- More detail configuration for sellers
- Introducing permanent invoice
- Authentication

Although this project will be driven by the feedback from KR community, as they are actually using it for their real business, any feedback from non-KR will be really appreciated.

I deliver incrementally and work backward with the feedback. Therefore this project will be progressing quickly towards the right direction.

# Open Source
SteemPay is an open source project.
https://github.com/ianpark/steempay

# Please Support SteemPay project
You can support this project by various ways.

1. Vote @asbear as a witness. You need to manually put my account because I am 57th now.
https://steemit.com/~witnesses

2. Vote and resteem this post

3. Follow me :)

Many thanks!
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 37 others
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vote details (101)
@artgirl ·
Oh wow this is cool. I hope I can use it sometime soon...
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@beatblue ·
이미 μ‚¬μš©ν•˜κ³  계신 λΆ„λ“€ λ΄€λŠ”λ°, 정말 μœ μš©ν•˜λ‹€κ³  ν•˜μ‹œλ”λΌκ΅¬μš”~ λ©‹μ§‘λ‹ˆλ‹€~
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@asbear ·
μ •λ§μ΄μš”? γ…Žγ…Ž κ°μ‚¬ν•©λ‹ˆλ‹€!
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@fknmayhem ·
$0.38
This is awesome.

May I suggest though that rather than doing the obvious and integrate the USD, you initially focus on lower ranked economies and nations. New economies like Steem have the potential to massively disrupt the status quo and directly improve social vertical mobility.

There is a reason why there are so many mobile payment apps in the Asian scene (and Africa): the unbanked demographic is massive. While we still suffer the inconvenience that most debit card issuers have pulled out, it is more likely that affluent users are capable to easily exchange without going through many expensive hoops.

For the unbanked demographic this is often an expensive chore tho. I know for example that in the Philippines there are people who are not capable of withdrawing their crypto without paying expensive Western Union/Remittance cash out fees. Alternatively they must travel for hours to use one of the few BTC ATMs. IDs are still expensive and not everyone has one thus excluding options like the otherwise excellent Coins.ph which serves many locals already but has KYC/AML and thus requires ID verification.

Same situation in Indonesia and I bet Nigeria, Kenya, Venezuela, and Brazil are not different. Something tells me that those local scenes, most of which have also setup their own communities on Steem, will find ways to propagate the use of a Steem payment platform and grow faster than USA adoption. If not faster in number most likely definitely much more in local importance, in social vertical mobility.

From a 2014 [CoinDesk interview with Ron Hose](https://www.coindesk.com/coins-phs-ron-hose-talks-opportunity-bitcoin-philippines/), Co-Founder of Coins.ph:
> β€œIn contrast to developed countries, where bitcoins as a payment method are more of a novelty - here it is serving a real problem. For instance, credit card penetration in the Philippines is 3%. Only three out of 100 customers that land on an e-commerce site have an immediate way to pay for it."

Disclosure: I’m a European living in PH.. The PH community here on Steem is very active, although by long not as large as the KR community, but I’m not active in the scene myself. My personal focus is mostly on convincing local store owners, especially _[sari-sari stores](https://en.m.wikipedia.org/wiki/Sari-sari_store)_ to start accepting crypto. Many are eager but lacking flawless methods don’t help (and coins.ph is mostly focus on signing up franchises and restaurants for faster expansion).
πŸ‘  
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vote details (1)
@asbear ·
Really appreciate your comment. All sounds quite interesting. Btw how this tool would be useful in developing countries if they have not easy way to cashout STEEM? In Korea, there are exchanges called Upbit and  Gopaxnand you can cash out SBD easily. In US, they can sell SBD for BTC and then cashout. What is it like in Phillipine? Would they do the same?

What would be the best way to convert local currency to SBD in PH? Would it involve USD conversion anyway?
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@fknmayhem · (edited)
$0.37
Store owners are more likely to have both ID and also bank account. 

For the unbanked the reality is that both cost (opening a bank account requires a deposit of $10-$40 depending on the bank).

Surprisingly mobile wallets are huge (especially send money via SMS from prepaid load or postpaid). Internet is also cheap and so are smartphones. There’s a hands down culture, when I get a new contract phone my old goes to a family member of my partner. 

The beauty of Steem is that Steem can provide a new revenue stream requiring nothing of what we needed before (PayPal requires credit card or bank account). As such even those without ID/bank account can actively earn with Steem and then spend their money. The store operator then exchanges and withdraws local fiat. 

This is why Ron Hose’s quote is so important: cryptoes solve an actual need. Especially unique platforms like Steem. Queue Dan’s legendary new economy post: give people a place to both earn and spend. 

Btw especially in the Philippines this is now a real future since cryptoes are accepted and each local exchange requires accreditation by the local central Bank - last December more than 20 applications had been submitted already and Coins.ph already have the beta for their exchange up. Closed beta still for now.  There is no doubt that the second biggest player, SCI.ph, will soon follow as well. 

But in countries like Venezuela this is a big thing as well. 

Here’s an additional thought: At worst/best you could simply provide a manual with the instruction where to change the api for currency line. In an initial model that seems great already if using CoinGecko. A call to community should soon see many new pull requests with expansions both for new currencies and also exchanges IMHO. 

Addendum: until now will use Bittrex and convert to BTC. From there Coins.ph/Bitbit by SCI.ph/BTC ATM/ask a friend (many used Poloniex before because of lower BTC transfer fee option, $5/10 loss is a lot for small earners). 
πŸ‘  
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vote details (1)
@gidung ·
Utopian.io에 μ˜¬λ €λ³΄μ‹œλŠ” 것도 μƒκ°ν•˜μ‹œλ©΄ 쒋을거 κ°™μŠ΅λ‹ˆλ‹€. 이미 μ•„μ‹œκ² μ§€λ§Œ μ˜€ν”ˆμ†ŒμŠ€μ— λŒ€ν•΄ λ³΄νŒ…μ§€μ›μ„ ν•˜κ³  μžˆμŠ΅λ‹ˆλ‹€. μ—…κ·Έλ ˆμ΄λ“œ 상황을 κΎΈμ€€νžˆ μ˜¬λ¦¬μ‹œλ©΄ 지속적인 지원이 κ°€λŠ₯할거라고 생각이 λ“­λ‹ˆλ‹€.
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@asbear ·
μœ ν† ν”Όμ•ˆ μ΄λ„˜λ“€ λ³„λ‘œ λ„μ›€μ΄μ•ˆλ˜λŠ”κ²ƒ κ°™μŠ΅λ‹ˆλ‹€. μ „μ—λŠ” λͺ‡λ²ˆ λ³΄νŒ… λ°›μ•˜λŠ”λ°, λͺ¨λ”λ ˆμ΄ν„°λ“€μ΄ 무λŠ₯ν•΄μ„œ μ œλŒ€λ‘œλœ νλ ˆμ΄μ…˜λ„ λͺ»ν•˜κ³ .. κ²Œλ‹€κ°€ κΈ€ 보상 μΌλΆ€λŠ” λ–Όμ–΄κ°€κ³ .. κ·Έλž˜μ„œ κ³ λ―Όμ€‘μž…λ‹ˆλ‹€^^
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@javirid ·
$0.20
I am currently not voting for any witness until I have the certainty they will do whatvever was needed in order to end the promoter bots abuse.

But yours is a really great service created using Steem. I will take it into consideration once I decide to vote again.

(as you could you, my wwight woldn't do too much a difference, neither)

I am resteeming it, however, so maybe someone would vote for you.
πŸ‘  
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vote details (1)
@asbear ·
$0.02
@javirid, I am as powerless as you for now, but trying to fight against the spam and abusing.

I really hope you could have some minutes to read my recent witness update. 
https://steemit.com/witness-category/@asbear/witness-update-asbear-april-2018

Thanks for your resteeming!
All the best for you and your Catalunya. I've been to Bercelona already twice and will visit there again probably around 2025 (yes, the expected completion year of Sagrada Familiar!)
πŸ‘  
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vote details (1)
@kodaxx · (edited)
$0.28
This is a great project, but I would consider a rename since I already have a project called SteemPay. Our app is in the play store, we have a public API, several different apps under this brand - merchant facing and consumer facing - we have the GitHub organization, and the domains.

You are free to do what you want, but there may be some confusion otherwise.

Other than that, awesome project!
πŸ‘  
properties (23)
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vote details (1)
@asbear ·
Thanks for your suggestion! 
I think the name SteemPay cannot be owned by anyone as you know there was  SteemPay project before you started your project, and there are another project beginning including mine, and I believe there will be more in the future. So I will go with SteemPay as I primarily target the Korean market. We may need to compete in some area, but I believe that will be productive for both of us.

Regards
πŸ‘  
properties (23)
authorasbear
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vote details (1)
@cptnduras ·
For confusion's sake, why not just put KR in the name so that it's less confusing for those searching for a steem related payment solution in Korea? 

Also, not I'm not trying to start a fight or anything (I really don't  care what your project is called) but the name definitely **can** be owned by someone, there are tons of cases in trademark law where you see people argue over what constitutes a brand name, and what things should be called. Disclaimer: IANAL
properties (22)
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@kodaxx ·
It's no problem. You can do what you want, I just feel like it will be confusing.
πŸ‘  
properties (23)
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vote details (1)
@kookmin ·
κΎΉ.μ•ˆλ…•ν•˜μ„Έμš”
properties (22)
authorkookmin
permlinkre-asbear-201851t74928381z
categorysteemdev
json_metadata{"tags":["steemdev","dev","steemit","steempay","witness-category"],"app":"esteem/1.6.0","format":"markdown+html","community":"esteem"}
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@liketimmy · (edited)
$0.20
I'm gonna give you a witness vote because i believe you can make a difference in making STEEM more "easy to use"  for all people and in the long term, we will all profit from that.
![witness.jpg](https://steemitimages.com/DQme1KrYmXM9CFmU19REFjYvZncnLnGJqFfnKwCniUNz9T1/witness.jpg)
πŸ‘  
properties (23)
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vote details (1)
@minhoo ·
와..  벌써 μ΄λ ‡κ²Œ κ°œλ°œμ„ ν•˜μ‹  게 λ†€λžκ³ .. 또 μ–Όλ₯Έ μŠ€νŒ€νŽ˜μ΄κ°€ 널리 νΌμ Έμ„œ μ–΄λ””μ—μ„œλ‚˜ μ‰½κ²Œ μ‚¬μš©ν•  수 μžˆλ„λ‘ 되면 μ’‹κ² λ‹€ 생각이 λ“­λ‹ˆλ‹€.
properties (22)
authorminhoo
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@asbear ·
κ°μ‚¬ν•©λ‹ˆλ‹€ ^^
properties (22)
authorasbear
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@normalbro ·
Hi @asbear is there a list of businesses who have implemented this app into their business? I know a cafe in Seoul did but I'd like to try it out somewhere closer to where I am (Daegu).
This is great and very innovative. I hope the app development is a success.
properties (22)
authornormalbro
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@asbear ·
Building a store locater is in the milestone, but for now there is no way to find out. There isn't one in Daegu as far as I know but I will double check and let you know! Daegu is my wife's hometown. Enjoy the super hot and humid summer :P

:)
properties (22)
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@novacadian ·
Great work, @asbear!
properties (22)
authornovacadian
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@asbear ·
Many thanks @novacadian!
πŸ‘  
properties (23)
authorasbear
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vote details (1)
@onehand ·
μ‹œκ°„ λ‚  λ•Œ μŠ€νŒ€νŽ˜μ΄ λ‘œκ³ λ‚˜ λ§Œλ“€μ–΄λ΄μ•Όκ² μŠ΅λ‹ˆλ‹€.γ…Ž
properties (22)
authoronehand
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categorysteemdev
json_metadata{"tags":["steemdev"],"community":"busy","app":"busy/2.4.0"}
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@asbear ·
같이 μΌν•˜λŠ” λ””μžμ΄λ„ˆκ°€.. μžˆμ–΄μ„œ.. 반영λͺ»ν• μˆ˜λ„μžˆμ–΄μ„œ 뢀탁은 λͺ»λ“œλ¦¬μ§€λ§Œ λ§ˆμŒλ§ŒμœΌλ‘œλ„ 정말 κ°μ‚¬ν•©λ‹ˆλ‹€!!
properties (22)
authorasbear
permlinkre-onehand-re-asbear-introducing-steempay-20180501t214358572z
categorysteemdev
json_metadata{"tags":["steemdev"],"app":"steemit/0.1"}
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@onehand ·
μƒκ΄€μ—†μŠ΅λ‹ˆλ‹€. κ·Έλƒ₯ λ§Œλ“€κ³  μ‹Άμ–΄μ Έμ„œμš”.γ…Žγ…Ž μŠ€νŒ€νŽ˜μ΄ μ‘μ›ν•©λ‹ˆλ‹€!
properties (22)
authoronehand
permlinkre-asbear-re-onehand-re-asbear-introducing-steempay-20180501t232046832z
categorysteemdev
json_metadata{"tags":["steemdev"],"community":"busy","app":"busy/2.4.0"}
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@phoenixwren ·
You got my witness vote, this is great!
properties (22)
authorphoenixwren
permlinkre-asbear-introducing-steempay-20180430t233827737z
categorysteemdev
json_metadata{"tags":["steemdev"],"app":"steemit/0.1"}
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@asbear ·
$0.02
Wow! thank you so much. All the best!
πŸ‘  
properties (23)
authorasbear
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vote details (1)
@project7 ·
$0.20
Indeed it’s such a wonderful app. There are already several usages of this app in Korea!
πŸ‘  
properties (23)
authorproject7
permlinkre-asbear-introducing-steempay-20180430t230110956z
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vote details (1)
@asbear ·
@project7 Thanks a lot! :)
properties (22)
authorasbear
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categorysteemdev
json_metadata{"tags":["steemdev"],"users":["project7"],"app":"steemit/0.1"}
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@tabris · (edited)
$0.20
Always love your work and contribution on Steem community.
Hope you get into the top 21 witness soon :)

Oh btw, I just shared this on Steemhunt as well.
You can check it on here: https://steemhunt.com/@tabris/steem-pay-offline-payment-with-steem
πŸ‘  
properties (23)
authortabris
permlinkre-asbear-introducing-steempay-20180430t232648217z
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json_metadata{"tags":["steemdev"],"app":"steemit/0.1","links":["https://steemhunt.com/@tabris/steem-pay-offline-payment-with-steem"]}
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vote details (1)
@asbear ·
I also always admire your dev works especially Steemhunt! great job!
properties (22)
authorasbear
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@techstack ·
@asbear awesome app and great UI design indeed. I appreciate your efforts and time. I definitely look at your GitHub repo to know more about technical aspects. Thanks for the great post.

BTW, I have also launched a small open source app for the Steemit users. It is about recent posts feed widget. If you have some time then please take a look at below and let me know your feedback.
[Steemit recent post feed widget](https://steemit.com/steemit/@techstack/dyoocawq)

Thanks in advance!
properties (22)
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@asbear ·
Thanks for your support! I will also check your project.
properties (22)
authorasbear
permlinkre-techstack-re-asbear-introducing-steempay-20180501t214009244z
categorysteemdev
json_metadata{"tags":["steemdev"],"app":"steemit/0.1"}
created2018-05-01 21:40:09
last_update2018-05-01 21:40:09
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post_id53,315,828
net_rshares0
@terrykim2479 ·
Good job, @asbear! Keep going!
properties (22)
authorterrykim2479
permlinkre-asbear-introducing-steempay-20180502t000933865z
categorysteemdev
json_metadata{"tags":["steemdev"],"users":["asbear"],"app":"steemit/0.1"}
created2018-05-02 00:09:33
last_update2018-05-02 00:09:33
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beneficiaries[]
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post_id53,333,751
net_rshares0
@asbear ·
Thanks!!
properties (22)
authorasbear
permlinkre-terrykim2479-re-asbear-introducing-steempay-20180504t074704855z
categorysteemdev
json_metadata{"tags":["steemdev"],"app":"steemit/0.1"}
created2018-05-04 07:47:06
last_update2018-05-04 07:47:06
depth2
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net_rshares0
@transisto ·
I thought I was supporting a new app when I upvoted this : https://ianpark.github.io/shc/

Is there a way you could  automate the data refresh? Maybe also link to it from a recognizable domain name.
properties (22)
authortransisto
permlinkre-asbear-introducing-steempay-20180503t141752187z
categorysteemdev
json_metadata{"tags":["steemdev"],"links":["https://ianpark.github.io/shc/"],"app":"steemit/0.1"}
created2018-05-03 14:17:51
last_update2018-05-03 14:17:51
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last_payout2018-05-10 14:17:51
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net_rshares0
@asbear · (edited)
Hey @transisto, as I replied to your earlier comment, it's deployed to http://health.steeme.com and updated weekly.
Please reply to this comment when you check that.
properties (22)
authorasbear
permlinkre-transisto-re-asbear-introducing-steempay-20180503t172431511z
categorysteemdev
json_metadata{"tags":["steemdev"],"users":["transisto"],"links":["http://health.steeme.com"],"app":"steemit/0.1"}
created2018-05-03 17:24:33
last_update2018-05-03 17:27:12
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author_reputation76,617,948,082,616
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max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id53,680,877
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@transisto ·
![](https://media3.giphy.com/media/l41lUjUgLLwWrz20w/giphy-downsized.gif?cid=f56849795aeb6dcf33714b5249a72755)
properties (22)
authortransisto
permlinkre-asbear-re-transisto-re-asbear-introducing-steempay-20180503t201655761z
categorysteemdev
json_metadata{"tags":["steemdev"],"image":["https://media3.giphy.com/media/l41lUjUgLLwWrz20w/giphy-downsized.gif?cid=f56849795aeb6dcf33714b5249a72755"],"app":"steemit/0.1"}
created2018-05-03 20:16:57
last_update2018-05-03 20:16:57
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cashout_time1969-12-31 23:59:59
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root_title"Introducing SteemPay"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id53,704,935
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@asbear ·
Maybe i should redirect the github one to the new url.
properties (22)
authorasbear
permlinkre-transisto-re-asbear-introducing-steempay-20180503t173331012z
categorysteemdev
json_metadata{"tags":["steemdev"],"app":"steemit/0.1"}
created2018-05-03 17:33:33
last_update2018-05-03 17:33:33
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max_accepted_payout1,000,000.000 HBD
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post_id53,682,243
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