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3.1 Making Payments 📲

Sending Payments Through PaySocial​

PaySocial simplifies the process of sending payments by allowing you to use social media handles instead of complex wallet addresses or bank details. Here's how to make payments on the platform:

Step 1: Access the Payment Feature​

  • Navigate to 'Payments': Log in to your PaySocial account and click on the 'Payments' tab in the main menu.
  • Select 'Send Payment': Choose the option to send a payment to proceed.

Step 2: Enter Recipient Details​

  • Use Social Handle: In the recipient field, enter the social media handle of the person you wish to pay (e.g., @username on Instagram or X).
  • Verify Recipient: Ensure that the handle corresponds to the correct user to avoid sending funds to the wrong account.

Step 3: Specify Payment Amount​

  • Enter Amount: Input the amount of $PAYS or other supported tokens you wish to send.
  • Currency Conversion (If Applicable): If you're sending funds in a different currency, use the built-in converter to see the equivalent amount in $PAYS.

Step 4: Choose Transaction Preferences​

  • Select Blockchain Network: Choose your preferred blockchain network if multiple options are available.
  • Set Transaction Speed: Opt for standard or expedited processing based on your needs and willingness to pay associated fees.

Step 5: Review and Confirm​

  • Double-Check Details: Review all the entered information, including the recipient's handle and payment amount.
  • Add a Note (Optional): Include a memo or note for the recipient if desired.
  • Confirm Payment: Click 'Send Payment' to initiate the transaction.

Step 6: Authentication​

  • Verify Transaction: Complete any required authentication steps, such as entering a 2FA code.
  • Transaction Submission: Once authenticated, your payment will be processed on the blockchain.

Tracking Your Payment​

  • Transaction History: View the status of your payment in the 'Transaction History' section of your account.
  • Blockchain Explorer: Use provided transaction IDs to track the payment on the relevant blockchain explorer.

Tips for Successful Payments​

  • Ensure Sufficient Balance: Confirm that you have enough tokens in your wallet to cover the payment and any associated fees.
  • Be Mindful of Network Fees: Transaction fees may vary based on network congestion and selected blockchain.
  • Use Trusted Networks: Stick to well-established blockchain networks to ensure reliability and security.

Conclusion​

Making payments on PaySocial is designed to be user-friendly and efficient. By utilizing social media handles and offering flexible transaction options, the platform streamlines the payment process, allowing you to send funds quickly and securely to anyone within the network.