Pay with Crypto - Building a Merchant Payment Solution with Payroc

Pay with Crypto - Building a Merchant Payment Solution with Payroc


Today, we highlight the progress we have made towards providing Payroc, a leading merchant services and payment processing company, with a direct consumer-to-merchant crypto payments solution using the Ethos Universal Wallet.


Hey Ethos Community,

Soon, merchants will be able to place a simple “Pay with Crypto” button on their websites to expand their payment options beyond traditional forms, allowing them to begin accepting payment in common cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ethos and more!

We’ve been building out the users flows and systems to complete this payment processing, all powered by Ethos Bedrock.

Let’s take a look at the entire sequence, from a merchant setting up a Pay with Crypto button to a consumer purchasing a product.

Crypto Payments Made Simple

Merchant Setup: Creating a Pay with Crypto Button

In the image sequence below, you can see how a merchant can generate a pay with crypto button, and what it looks like once embedded on their website.

Once the merchant creates their “Pay with Crypto” button, they will receive the code snippet to place on their website in an email sent directly to their inbox.

Consumer Pay with Crypto Flow

Once the merchant has added the pay with crypto button on their website, they are now ready to accept payments in a wide variety of cryptocurrencies with the same ease as accepting payments via PayPal or credit card.

Here is how simple it is for the consumer to pay with crypto to complete their purchase.

The Pay with Crypto Steps:
  1. Click the “Pay with Crypto Button” at merchant cart checkout.
  2. Scan the QR.
  3. Select your wallet, crypto asset & transaction speed.
  4. Send after verifying with Biometrics & Pin.
  5. Done!

Crypto Payments & Merchant Solutions, a Major Leap Toward Mass Adoption

We believe that granting merchants the ability to accept payments in crypto, with the same ease as accepting payments through traditional methods, accelerates the utilization of cryptocurrencies and expands the mass adoption of these assets in the real world.

We see a world where crypto payments are accepted at major retailers and small businesses alike, from major cryptocurrencies to stable coins.

Easing the Transition into the New Economy

“We’re excited about partnering with Ethos as it brings together the traditional payments world Payroc operates in with new digital currencies,” said Jared Poulson, chief integrations officer for Payroc.

“Our merchants will be able to accept payments via traditional credit cards, ACH, PayPal and now popular cryptocurrencies,” added Poulson. “We have been tracking Ethos for quite some time. Their commitment and vision of bringing the benefits of blockchain technology to the mass market aligns with Payroc’s culture of innovation, trust and stability.”

The Universal Wallet provides consumers with an easy to use crypto wallet to safely store, send and receive 140+ cryptoassets. With an intuitive app design and built in QR-scanner, crypto-novices and experts alike can soon begin utilizing crypto assets in their day to day life.

The New Economy is upon us. Are you ready?


Dai & MKR Available Now on Universal Wallet

Dai & MKR Listed & Live on Universal Wallet


Ethos is proud to support both the MKR and Dai tokens. The MakerDao is realizing the potential of blockchain through their stablecoin, collateral loans and decentralized governance. Both of these tokens can easily and securely be stored, sent and received within the Ethos Universal Wallet.


Dai is the world’s first decentralized stablecoin on the Ethereum blockchain. Dai uses collateral to back its value, and interest rate mechanism to stabilize its price, eliminating volatility through an autonomous system of smart contracts, specifically designed to respond to market dynamics.

Currency collateralization and interest rate adjustments ensure Dai has low volatility against its external reference point, the US dollar.

Unlike many other stablecoins that are backed by fiat currency, Dai is fully decentralized and entirely collateralized with Ether. In September, MakerDAO published the code to their upgraded collateral system for Multi-Collateral Dai (MCD). With MCD, investors can collateralize Dai with a variety of assets beyond ETH. MCD will additionally include a feature called the Dai Savings Rate (DSR). The DSR helps balance supply and demand of Dai and will be one of the monetary policy levers that decentralized Maker Governance can control.

If the market price of Dai falls below $1, the DSR will increase. Likewise, if the market price of Dais is above $1, the DSR will decrease, helping maintain stability in market value.

With a presence on numerous cryptocurrency exchanges, multiple partnerships with global supply chain companies, and agreements with organizations serving non-government agencies, MakerDAO is unlocking the power of the blockchain to deliver on the promise of economic empowerment today.

We are excited to bring our communities together through the Universal Wallet, providing token holders of MKR and Dai with a safe and secure place to store, send and receive their assets.

Download the Universal Wallet today.

Join the conversation on Telegram! https://t.me/ethos_io


Binance Coin BNB Available on Universal Wallet

Binance Coin BNB Available on Universal Wallet


Today we highlight one of our supported crypto assets, the Binance Coin - BNB. The BNB Coin can be easily and securely stored, sent and received within the Ethos Universal Wallet.

Since launching in 2017, Binance has become one of the most popular crypto asset exchanges globally. Following their ICO, Binance distributed BNB, an ERC20 token, to their ICO contributors.

The most prominent use case of BNB is realized by traders on the Binance exchange. BNB grants the ability for users of the Binance exchange to pay for fees, obtaining the equivalent of a 25% discount on trading fees. In each subsequent year of the BNB trading fee discount program, the discount the token provides halves for the first 4-years.

The Binance Coin also serves as the underlying gas which powers the Binance Ecosystem. Every quarter Binance takes 20% of their profits to purchase back Binance Coin and burn them, effectively reducing the circulating supply while enhancing value.

Eventually, Binance will destroy 100M BNB, leaving 100M BNB remaining.

Additionally, adoption of the Binance Coin is spreading, with users of the Uplive platform now able to buy virtual gifts with BNB. As Binance launches their DEX, Binance token will also serve as the gas of that ecosystem.

As we move forward on the path of crypto asset adoption, we look forward to bringing communities together through the Universal Wallet, providing them with a safe and secure place to store, send and receive their assets.

We so greatly appreciate Binance supporting the Ethos token on their exchange, and we are thrilled to support the BNB Coin on our wallet and support the mission and road to mass adoption.

Download the Universal Wallet today.

Join the conversation on Telegram! https://t.me/ethos_io

Big Thanks to our Community!

With every major update, we advance forward toward the new economy. Let us know what features you would like to see us add by emailing us at [email protected].

The future is bright!


Ethos Introduces Token Swaps with ShapeShift in Universal Wallet

Ethos Introduces Token Swaps with ShapeShift in Universal Wallet


Swapping tokens is now easier than ever with the integration of ShapeShift directly in your Universal Wallet. Swap a wide-variety of coins, while never sacrificing security and ensuring you always maintain the keys to your crypto.

Want to exchange your Bitcoin for some Ethereum directly in a crypto wallet you control? How about Ethereum for Litecoin?

Well, it just got a whole lot easier. We have just released our highly-anticipated update to the Universal Wallet, v1.6. Now, you can easily exchange assets with the click of a button, directly in the app and see your freshly swapped tokens right in your wallet.

ShapeShift is a revolutionary part of the cryptocurrency ecosystem. The platform gives you the power to quickly swap between assets in a seamless, safe and secure environment. ShapeShift was created in August of 2014 to provide instant Bitcoin and altcoin conversion with the maximum level of consumer protection and efficiency.

Ethos aims to create a financial ecosystem that is open, safe and fair for everyone by harnessing the power and autonomy that cryptocurrencies provide. The Ethos Universal Wallet provides a secure, self-custodied mobile wallet where the user is in control of their funds at all times. Ethos Universal Wallet gives users the power to store, track, send and receive over 140+ tokens.

The integration with ShapeShift enables users to securely exchange and swap coins without any intermediaries. Users will be able to initiate trades directly from their wallet with settlement and order handling abstracted and rapidly executed for the user.  

“Ethos provides the infrastructure for a more robust digital economy that is truly easy to use and accessible to the average person,” says Ethos Founder & CEO Shingo Lavine. “We want to partner with leading companies in the space to provide the best possible service while preserving the ideals and allure that cryptocurrencies hold.”

To get started swapping your coins with ShapeShift directly in your Universal Wallet:

Step 1. Download the wallet from your iTunes or Google Play App-Store: Click Here

Step 2. Create your account, confirm your email address and create your first SmartWallet.

Step 3. Click the “Swap Coins” Button – and complete the account registration process to link your payment details. (This is only required the first time you make a swap.)

Step 4. Complete your swap & your crypto will show up directly in your Universal Wallet.

Join the conversation on Telegram! https://t.me/ethos_io

Big Thanks to our Community!

With every major update, we advance forward toward the new economy. Let us know what features you would like to see us add by emailing us at [email protected].

The future is bright!


Gemini Dollar Now Live in the Universal Wallet

Buy Crypto Using Simplex Directly in Your Ethos Universal Wallet


We are excited to share that in our highly-anticipated update to the Universal Wallet, v1.6, we have added support for Gemini dollar (GUSD). GUSD can now easily and securely be stored, sent and received within the Universal Wallet.

We are excited to share that in our highly-anticipated update to the Universal Wallet, v1.6, we have added support for Gemini dollar (GUSD). GUSD can now easily and securely be stored, sent and received within the Universal Wallet.

Gemini dollar combines the creditworthiness and price stability of the U.S. dollar with the blockchain technology and the oversight of U.S. regulators. GUSD is an ERC20 token built on the Ethereum Network.

Gemini Dollar GUSD Profile in the Universal Wallet

Essentially, giving people the power to send and receive U.S. dollars like email. A true revolution in how we use and transfer money.

According to Gemini, “U.S. dollars that correspond to the Gemini dollars issued and in circulation are held at State Street Bank and Trust Company. The U.S. dollar deposit balance is examined monthly by BPM, LLP, a registered public accounting firm, in order to verify the 1:1 peg. All Independent Accountants’ Reports are published and available here.”

GUSD is listed on a wide-variety of exchanges, to be purchased and safely stored, tracked, sent and received on the Ethos Universal Wallet.

As we move forward on the path of crypto asset adoption, we look forward to bringing communities together through the Universal Wallet, providing them with a secure solution to manage all of their crypto assets.

Stablecoins present an opportunity for individuals and companies to begin realizing the benefits of the blockchain without exposing themselves to the volatility common to other crypto assets, while continually interacting in a liquid manner with the cryptocurrency marketplace.  

Want to read about all of the features released with our latest update to the Universal Wallet v. 1.6? Read the blog.

Want to get the Ethos Universal Wallet & start storing and transacting GUSD, visit: Get the Wallet

Join the conversation on Telegram! https://t.me/ethos_io

Big Thanks to our Community!

With every major update, we advance forward toward the new economy. Let us know what features you would like to see us add by emailing us at [email protected].

The future is bright!


Buy Crypto Using Simplex Directly in Your Ethos Universal Wallet

Buy Crypto Using Simplex Directly in Your Ethos Universal Wallet


In this article, we highlight our latest feature to the Ethos Universal Wallet v1.6, buying crypto with Simplex. Learn the details on how Simplex is integrated directly into the wallet, and how to purchase crypto while always maintaining self-custody.

Here at Ethos, we have just released our highly-anticipated update to the Universal Wallet v1.6. Now users can easily and safely buy crypto directly in their Universal Wallet through this integration of Simplex.

Simplex is a global instant fiat purchase service enabling bitcoin and altcoin purchases with credit and debit cards. This integration means that Ethos Universal Wallet users now have access to liquidity and exchange services between fiat and cryptocurrencies on an international scale, and every purchase deposits directly into your SmartWallet.

“Ethos is excited to offer a wealth of dynamic capabilities to consumers,” says Ethos founder and CEO Shingo Lavine. “The Universal Wallet will become the most accessible way for people to safely interact with cryptocurrencies using innovative services such as Simplex.”

“As Ethos expands its service offering, Simplex is proud to play a fundamental role in offering seamless, easy conversion between fiat and cryptocurrencies while ensuring transaction are completely fraud-free,” said Nimrod Lehavi, CEO and co-founder of Simplex. “We are able to achieve this thanks to our advanced machine learning AI algorithms and broad accumulated experience as security experts.”

Please visit https://www.simplex.com/support/ for more information about Simplex and any service restrictions.

Simplex is the initial stage of the fiat gateway solution we are building at Ethos and are thrilled to feature. Now, our global community will have access to crypto purchases directly in their wallet, while always maintaining self-custody.

As we continue to evolve and grow our fiat gateway, the next chapter will include our integration with Voyager.

To get started purchasing crypto with Simplex directly in your Universal Wallet:

Step 1. Download the wallet from your iTunes or Google Play App-Store: Here

Step 2. Create your account, confirm your email address and create your first SmartWallet.

Step 3. Click the “Buy Crypto” Button – and complete the account registration process to link your payment details.

Step 4. Complete your Purchase & Your Crypto will show up upon payment approval, directly in your Universal Wallet.

Big Thanks to our Community!

With every major update, we advance forward toward the new economy. Let us know what features you would like to see us add by emailing us at [email protected].

The future is bright!


Universal Wallet Update v1.6 Now Live with Simplex & ShapeShift

Universal Wallet Update v1.6 Now Live with Simplex & ShapeShift


In this article, we explain our latest update to the Ethos Universal Wallet v1.6. We highlight the major features in this update, including Buy Crypto with Simplex, Swap Coins with ShapeShift & the addition of Stable Coins.

Ethos has just released our highly-anticipated update to the Universal Wallet, release v1.6. In this article, we highlight the major features and enhancements contained within this update. We highly encourage all users to visit the app store to update your app to the latest version. If you don’t have the app, get the Wallet Now.

Buy Crypto Using Simplex Directly in Your Wallet

Now, app users can easily and safely buy crypto directly in your Wallet with the integration of Simplex. Simplex is a global instant fiat purchase service enabling bitcoin and altcoin purchases with credit and debit cards. This integration means that Ethos customers now have access to liquidity and exchange services between fiat and cryptocurrencies on an international scale, and every purchase deposits directly into your SmartWallet.

Please visit https://www.simplex.com/support/ for more information about Simplex and any service restrictions.

Simplex is the initial stage of the Fiat Gateway Solution we plan to have accessible and fully integrated into the Universal Wallet. Future stages of the Fiat Gateway include our integration with Voyager.

Token Swaps with ShapeShift

In this update, we also unveil our integration with ShapeShift.io, a digital marketplace for Bitcoin and other blockchain tokens. This new feature grants Universal Wallet users access to the liquidity and enable users to securely exchange and swap dozens of tokens without any intermediaries.

Want to exchange your Bitcoin for some Ethereum? Now, you can easily and rapidly do it at a click of a button, directly in the app and see your freshly swapped tokens right in your Wallet.

Initially slated for update v1.7, we expedited the integration of ShapeShift to aggressively expand the features and functionalities of the UW, and simply put, give the users what they want as soon as possible.

Expanding Support for Stable Coins – TUSD & GUSD Now Live!

Stable coins continue to revolutionize how users interact with crypto and the crypto marketplace, so we will continue to explore our support of these assets.

And with Universal Wallet Update v1.6, users are now able to safely store, send and receive Gemini Dollar (GUSD) and True USD (TUSD). A big welcome to the Gemini & TUSD Community!

This raises the number of stable coins available in the wallet to three – DAI, GUSD, TUSD.

And in addition to these tokens, we have also added UTRUST (UTK), a token that’s been a common suggestion in our community surveys. We are excited to welcome the UTRUST community to the wallet.

Note: All new coin integrations will be active and available post-update release, and will be formally announced by the Ethos Team and Social Channels.

A Glimpse at What’s Next

We have recently taken steps to make future integrations with blockchains easier and will be  continuing our progress to integrate Cardano (ADA), as we move forward into the new year.

Push notifications are coming soon to the Universal Wallet! Whether it’s the latest update, a change to your Ethos Status, coin news alerts, we will soon have push notifications active in the Universal Wallet, so we can always keep you informed at the push of a button.

We are proud of how far we have come in under 6 months since we first launched the Universal Wallet. And we are enthusiastically entering into 2019 with plans on the horizon to integrate Voyager with Bedrock and enhance our users experience and continue to expand the Ethos Ecosystem.

Big Thanks to our Community!

With every major update, we advance forward toward the new economy. Let us know what features you would like to see us add by emailing us at [email protected].

The future is bright!