You might have heard the term “on-chain payments API” if you’re a business looking at Web3 commerce. But what does it mean, and how may it help your firm perform crypto transactions more easily?
BitLily is a means for freelancers, digital creators, and service-based businesses to accept crypto payments. You need to know how blockchain payments function to use decentralized payments well..
What Is an On-Chain Payments API?
A payments API on the blockchain connects businesses directly to blockchain networks like Bitcoin, Ethereum, and stablecoins like USDT and USDC. Every transaction is logged on-chain, which means it can be seen, tracked, and is safe. This is different from regular processors.
Businesses may accept cryptocurrencies with BitLily’s blockchain payment API without having to deal with middlemen or KYC problems. This makes it one of the greatest decentralized payment platforms for firms that are digital-first.
How BitLily’s On-Chain Payments API Works
- API Integration: Merchants connect BitLily’s Web3 payments API to their website or online store.
- Checkout for Customers: Customers choose a cryptocurrency, such as Bitcoin, Ethereum, or stablecoins.
- On-Chain Transaction: The blockchain gets the payment to confirm it.
- Settlement: Merchants can get paid in crypto or through BitLily’s crypto-to-fiat settlement API, which makes it easy to send money across borders.
This method does away with the need for banks or third-party processors, so businesses may accept payments straight instantly and from anywhere.
Benefits of Using BitLily’s API for Businesses
1. No KYC Barriers
BitLily offers a no-KYC crypto API, empowering freelancers and creators to start accepting payments instantly.
2. The ability to move between chains
Our multi-chain payment processor works with a lot of different blockchains and stablecoins, which gives businesses more alternatives and flexibility.
3. Clear Settlements
The blockchain monitors each transaction to make sure that every crypto invoicing API process is entirely open.
4. Costs are lower and payments go through faster.
BitLily avoids banking delays with on-chain settlements, making it fast and affordable to turn crypto into cash.
Real-World Use Cases
- Freelancers: Get paid instantly in crypto through BitLily’s digital currency API.
- E-commerce Vendors: Accept global crypto payments on your store with BitLily’s stablecoin integration.
- Service Providers: Use crypto invoicing to manage recurring payments with real-time confirmations.
Why Choose BitLily for Your On-Chain Payments?
BitLily combines blockchain reliability with modern API simplicity — offering a single interface for merchants to:
- Accept cryptocurrency payments from anywhere
- Use stablecoin disbursement APIs for payouts
- Integrate Web3 payment infrastructure seamlessly into websites or mobile apps
BitLily’s digital asset payment API makes it easy for your business to accept, handle, and move crypto safely. This is true whether you are building a marketplace for freelancers or an online business that sells goods around the world.
Use BitLily right now!
Are you ready to accept bitcoin payments?
You can start accepting Bitcoin, Ethereum, and stablecoin payments in just a few minutes with BitLily. All you have to do is join up and integrate our on-chain payments API. You don’t need to do KYC.
👉 Register on BitLily today to unlock global Web3 commerce for your business.