AtPay: Introducing Interest-Free Credit Using the BNPL Solution

Many mainstream investors are still skeptical about investing or using cryptocurrencies for daily transactions since they are part of a nascent industry. They prefer transacting with traditional financial institutions whom they “trust.”

However, banks and credit card companies often impose several unnecessary and hidden charges on unsuspecting users, making them lose control over their finances.

AtPay steps in to solve this problem by eliminating these intermediaries and allowing its users to maintain total control of their assets, even when they take out credits.

What is @Pay?

AtPay is a decentralized finance (DeFi) protocol that is designed to provide users with access to interest-free credit by developing a fiat-to-crypto interface for eCommerce.

The AtPay protocol aims to become a go-to platform for DeFi-based eCommerce and in-store solutions for shoppers and merchants.

The platform is designed with the core principles of DeFi, which is to eliminate the need for middlemen in financial transactions while allowing customers to remain in control of their finances. It is a first-of-its-kind DeFi protocol that allows shoppers to make purchases now and pay later, with several rewards for paying their credit on time.

Users can either pay with fiat currencies or with any cryptocurrency of their choice via the AtPay wallet. They can also earn more from their crypto holdings by staking them on the platform. AtPay has received notable recognition from some of the high-profile projects in the crypto space, scoring partnerships with Binance Smart Chain (BSC), Solana, Algorand, Luna, and many more.

BNPL Solution

The platform allows anyone to access a uniform set of credit products and services irrespective of their nationality or socioeconomic status. AtPay uses a Buy Now Pay Later (BNPL) business model, which allows consumers to obtain a product or service immediately and pay for it over time in installments.

This solution helps users to make their desired purchases while letting merchants and businesses get immediate visibility on cash flow.

Using AtPay’s BNPL solution, users pay less than credit cards for the same duration of time and build their credit score with timely repayments. Interestingly, users are not required to pay interest or late fees, and repayments are split into four tranches over three months for both online and in-store purchases.

However, while the repayment remains outstanding, the user is charged a $6 account keeping and administration fee per month until repayment is made in full.

Platform Features

The platform offers its services to a diverse range of users. Let’s look at some of the features it provides to each category of users.


This consists of shoppers who utilize the AtPay platform to make various purchases. Some of the features it offers them include:

  • No payment of late fees.
  • Monthly $6 account keeping and administration fee until repayment is made in full.
  • Three months to pay four fixed equal installments.
  • A reward of @Pay governance token upon repayment.
  • Increase their credit limit to a maximum of $1,200.
  • Option to repay credit using either approved cryptocurrencies or fiat currencies


This category consists of brands that utilize the AtPay platform to grow their businesses and expand their client base from across the globe.

  • Access to consumers with a minimum of $250 to spend in-store or online.
  • Protocol interface which enables the conversion of cryptocurrency into fiat for merchants that do not accept digital stablecoins.
  • Allocation of AtPay governance token as an incentive to become an active member of the ecosystem
  • The potential to vote on certain crucial decisions on the platform, depending on minimum @Pay token holding.
  • Use AtPay tokens as incentives to drive consumers to their stores via user engagement initiatives.

Partner Wallets

This category includes established digital wallets that partner with AtPay to provide their users with an application that can allow them to simultaneously stake tokens for extra yield while borrowing for e-commerce transactions.

  • Value add and functionality to the existing wallet user base.
  • Earn commissions on the value of acquisitions made by their wallet users through @Pay.
  • Allocation of AtPay governance token as an incentive to participate in the @Pay ecosystem and to vote on outcomes regarding new participants.
  • Attract new users to their wallets by using allocated AtPay tokens as incentives through engagement initiatives.

Stakers and Investors

This includes crypto investors who are only looking to increase the yield on their crypto holdings via staking.

  • An annual variable yield where the yield is accrued and reflected in the value of the @Pay token.
  • Stakers will also receive an allocation of @Pay governance tokens in the ratio of 1 @Pay token for every $50 of stablecoins staked.

The Governance Token

The AtPay governance token is an ERC-20 standard token that powers every transaction carried out on the platform while also giving holders the power to vote on decisions that could affect the growth of the @Pay ecosystem.

The project’s governance token is designed to give many stakeholders in the @Pay protocol a voice, and it also serves as a reward to stakeholders for participating in the functioning of the protocol.

AtPay users earn tokens every time they repay a loan in full, stakers/investors earn a specific amount of tokens based on the number of stablecoins they stake, partner wallets and merchants are allocated tokens based on the votes of token holders.

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