💸Product
Problem Statement
Peer-to-peer payment methods are too complicated for casual transactions in a cross-border setting. They put all the burden on the person sending the payment. This includes collecting and checking payment details such as account numbers, personal data, crypto addresses, and so on. In addition, senders need to figure out payment routes, often involving multiple steps with on-/off ramps or third-party remittance services. This whole process could easily take 10-20 minutes!
Solution
TransferMole turns social media profiles into payment addresses and multi-chain wallets with the ability to receive card payments and crypto. This enables global peer-to-peer payments to social media usernames without the exchange of transfer details, knowledge about payment routing, or fluency in crypto.
Example
Paying anyone with their social media username is straightforward and doesn't require any back-and-forth communication.
Benefits
For recipients:
✅ Receive crypto + local currency payments with just your social media username ✅ No need to share personal or transfer details with anyone ✅ Easy onboarding with X (Twitter), Google, or via Instagram chatbot
For senders:
✅ Easy to use without the need to confirm recipient details such as crypto addresses or account numbers ✅ Save time and hassle from multi-step payment routing ✅ Access to a range of payment methods without any signups required
Easy Onboarding
All user journeys have been designed with a focus on Web2 users who don't have any prior experience with crypto. As an example, signing up on TransferMole can be done from within Instagram with a simple DM.
💡 Stay tuned, more product content dropping soon.
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