In the past year, we have been asked on occation (not often enough actually) how a merchant would be able to integrate PAWS into their shop or business. A mobile wallet would be one such solution, which would allow people to easily pay for goods in a physical shop. And a payment plugin that everyone can integrate in their existing e-commerce solution like a webshop is another way to just do that in a virtual shop on the internet. There are many webshops on the Internet and if PAWS was able to tab into a small portion of those by providing a free plugin for existing e-commerce solutions, it would be a giant leap for creating a use-case for PAWS. This could ultimately lead to an increased interest and demand for PAWS. We are looking at pairing this with a mobile wallet, which would make this a strong payment solution.
WooCommerce is an open-source e-commerce plugin for WordPress. It is designed for small to large-sized online merchants using WordPress. WooCommerce is used by a number of high-traffic websites. The current 2019 market share for WooCommerce is 22% of the top 1 million sites using eCommerce technologies. So whether you like Wordpress and Woocommerce or not, it seemed like the right platform to target with our first payment plugin called PawsPay.
The many Woocommerce installations on the Internet will be able to install the plugin and accept PAWS and supported crypto currencies immediately after installation. We invite everyone with an interest for pets, animals and charity in general that have an interest in supporting PAWS to try it out.
The PawsPay payment gateway plugin for Woocommerce was paid for and made possible by big brother VAULT.investments, which is also a part of PAWS Fund Holding, LLC. When VAULT.investment got the opportunity to have a plugin like this developed, PAWS seemed to have a much better use case. That is why the plugin is dubbed PawsPay to signal the importance this plugin has for the future of PAWS. However, it being a plugin developed for VAULT it will support multiple other currencies. The only other currency currenly supported is VAULT, but we expect to add other currencies in the future. Those could be CRYO listed projects or just any project that would like to be in.