Card Pay makes crypto payments fast, cheap, and easy.

Learn how Cardstack is making this possible here: https://uploads-ssl.webflow.com/5e18083786ccdc43f2087bb2/604f58f528552f6a0434325b_Card%20Pay%20Protocol%20Overview%20V%201.0.pdf

How do traditional payments compare to Web3 payments and specifically Card Pay?

Chris Tse provides some context for the Card Pay protocol here: https://www.youtube.com/watch?v=KHDBF_OHSDI&t=65s

Card Pay, Card Bridge & Card Flow bring crypto from the world of DeFi into Cardstack's payment network.

DeFi is powerful. People can create loans and stablecoins, but it’s expensive to transact, which is why Card Bridge exists. https://youtube.com/watch?v=EbhqUU-GjUM&t=173s

Although the different aspects of Cardstack compare to well-known SaaS companies, there are not nine different apps you need to learn to use, there are only two; - The Cardstack App & Card Wallet.

Chris Tse explains in detail here: https://youtube.com/watch?v=EbhqUU-GjUM&t=1258s

This week, we have focused on improving the deployed architecture for the various testnets, as well as the Ethereum mainnet and xDAI chain so that we can have a scalable infrastructure to support Card Pay users. Learn more here: https://twitter.com/cardstack/status/1414906857685078024

The Graph provides us with greater flexibility to deploy to other layer 2 chains also supported by The Graph, such as Polygon and Avalanche. Learn more here: https://twitter.com/cardstack/status/1415166222446907395

Catch up on our developments this week! For community members looking to get a spot on the beta testing list, we have prepared an application form/survey. Read on to learn how you can be a part of this: https://medium.com/cardstack/july-14-inside-cardstack-this-week-d2fb31289980

On the mobile wallet front, we are resolving a set of bugs that were discovered during our internal testings, including one that causes the app to crash if you reopen it after your iPhone auto-locks. Read more here: https://twitter.com/cardstack/status/1415541861125480448

What is Card Flow and what does it do? How does it contribute to the Cardstack Ecosystem?

Learn about it here: https://youtube.com/watch?v=EbhqUU-GjUM&t=173s

Learn about the technology Cardstack uses to build our software ecosystem. https://medium.com/cardstack/cardstack-ama-with-kucoin-482b12f90125#81c5

In preparation for the beta program launch, we are completing the final set of features and bug fixes involving Card Pay's MVP (Minimal Viable Product).

Read more here: https://twitter.com/cardstack/status/1417397230730833921

How would users who are new to blockchain make purchases or earn rewards?

Chris Tse explains here, in a recent AMA with KuCoin. https://medium.com/cardstack/cardstack-ama-with-kucoin-482b12f90125#a928

The Card Pay Early Access Program is open! We've already been receiving applications from people interested to participate in the early access program. To join this program, we need some important information from you.

These details will significantly help us understand our current user base to provide a more focused future feature development and prioritization. Please fill in this form to join: https://cardstack.typeform.com/to/Oe1xtI8z

Here's what's going on in Cardstack, behind the scenes this week: https://medium.com/cardstack/july-21-inside-cardstack-this-week-9200ce39f143

We want to give you a status update of our progress to the different protocol features and workflow in the Card Pay and Card Bridge protocol. Almost all of the smart contract and SDK work is complete and undergoing a second round of security audits this week.

Read more here: https://twitter.com/cardstack/status/1418092899997143046

We have created a new splash page that will allow newcomers to the Cardstack community to learn more about Card Pay, our first user-facing product launch. Our current website listing key information and platform technology will still be live but relocated to secondary pages.

We are currently working on a full website design project that will segment our users into different personas and provide them with easier access to the information they need. Here is the preview of the dedicated page for Card Pay : https://cardstack.com/cardpay

After the launch of prepaid cards—which are based on stablecoins, we will add support for reward cards that contain community currency and other tokens not pegged to USD.

Learn more here: https://twitter.com/cardstack/status/1418465044514295812

An issuer takes the supply of layer-2 fungible tokens and packages them into Prepaid Cards.

Customers can then buy those Prepaid Cards from the issuer, paying an additional small fee in exchange for these preloaded balances. https://www.youtube.com/watch?v=H-DheP-ExpU&t=1626s

There are three other groups of participants that are crucial to the operations of the Card Pay network—suppliers, issuers, and reward program administrators.

Chris Tse explains the complete list of participants here: https://www.youtube.com/watch?v=H-DheP-ExpU&t=1626s

We reached a huge milestone by releasing the first beta launch of the Card Pay protocol, the Cardstack dApp, and the iOS Card Wallet.

These three components of software collaborate to create a layer 2 payment processing network that is fast, easy, and affordable. This network includes the core Card Pay protocol for payment processing and the Card Bridge protocol for layer 1 and layer 2 integration.

Read more here: https://twitter.com/cardstack/status/1419928290505027584

We will be releasing additional features, especially around UI components that expose already-deployed protocol such as merchant payment and prepaid card management capabilities.

Updates to the dApp will be deployed without user intervention, and updates to the iOS will be pushed periodically to TestFlight. We will also work on fixing bug reports. Lastly, we plan to invite more testers to expand the scope of user devices and experience levels.

Read on here: https://twitter.com/cardstack/status/1420284708361961474