Overview
What is Papaya Invoice Bot?
Papaya Bot is a Telegram-based cryptocurrency payment processing system that enables businesses and developers to accept recurring cryptocurrency payments through a simple API. The bot provides a seamless interface for users to pay for subscriptions and services using popular stablecoins like USDC and USDT on major blockchain networks such as Ethereum, Base, Polygon, BSC, etc.
Key Features
API-based Invoice Creation: Developers can create payment invoices programmatically through a REST API
Telegram Integration: Users interact with the payment system directly through Telegram
Multi-chain Support: Supports multiple blockchain networks including Polygon and Binance Smart Chain
Cryptocurrency Support: Accepts popular stablecoins like USDC and USDT
Subscription Management: Handles recurring payment subscriptions with automatic cancellation
Webhook Integration: Sends real-time notifications when payments are processed
Security: Implements HMAC signature verification for webhook security
How It Works
For Developers
For Users
Main Usage Flows
Flow: Application Registration
Flow: Invoice Creation and Payment
Flow: Subscription Management
Flow: Webhook Notifications
Supported Cryptocurrencies and Networks
Networks
Polygon: Major blockchain network with low transaction fees
Binance Smart Chain: High-performance blockchain with fast transactions
Tokens
USDC: USD Coin stablecoin
USDT: Tether stablecoin
Billing Periods
Invoices can be created with different billing periods:
Daily
Weekly
Monthly (default)
Yearly
Security Features
API Key Authentication: All API calls require a valid API key
HMAC Signatures: Webhook requests include verifiable signatures
Wallet Verification: Payment recipients are verified against registered applications
Transaction Tracking: All payments are tracked with blockchain transaction hashes
Integration Benefits
For Developers
Easy cryptocurrency payment integration without managing blockchain complexity
Reliable payment processing with webhook notifications
Flexible billing periods to match business models
No need to manage cryptocurrency wallets directly
For Users
Familiar Telegram interface for payments
Support for popular cryptocurrencies
Secure wallet connection via WalletConnect
Automatic subscription management
Getting Started
Use Cases
SaaS subscription payments in cryptocurrency
Digital service payments
Content access subscriptions
Membership payments
Any recurring payment scenario where cryptocurrency is preferred
This system provides a complete solution for businesses wanting to accept cryptocurrency payments without the complexity of direct blockchain integration.
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