Letspay

Making group payments simple, instant & fair 💸 | Building on Web3 + @Hedera | No more awkward reminders

[Letspay @UseLetspay]

Need to talk to the Head of Payments at a bank? Tell us who and why. We'll find the best path to a conversation.

[Letspay @UseLetspay]

Drunken Monkey is on now Letspay 💎

[Letspay @UseLetspay]

Letspay mainnet access has been now enabled for everyone. Enjoy group payments!!

New merchants on their way soon

[Letspay @UseLetspay]

@thriveprotocol Just a second guys

[Thrive Protocol @thriveprotocol]

https://t.co/DBWdfQsnIN

[Letspay @UseLetspay]

https://t.co/iLnEiYrLMb

[Thrive Protocol @thriveprotocol]

LetsPay completed Hedera Boost, earning 230K HBAR. Cross-border payments from concept to live adoption. Full milestone journey shipped. 🫡 @useletspay | @hedera

[Letspay @UseLetspay]

From swapping wheat for apples to high-frequency crypto trading on Web3

Human exchange has evolved!

Decentralized, fast, and borderless. 🌾📷🍎

[Letspay @UseLetspay]

Money talks… but most of the time it just says ‘goodbye.’ 💸
Learning how to manage shared expenses is the first step to keeping it around longer.

#FinanceMadeSimple

[Letspay @UseLetspay]

India crossed 12.2 billion UPI transactions in July 2024 - that’s more than the population of the planet, in one month. 🌍

[HSuite @HSuiteNetwork]

Why Smart Contracts Fall Short

Smart contracts were revolutionary, but they carry structural weaknesses that limit their long-term potential:

🎯Scalability: Ethereum’s base layer handled ~15 TPS, and even Hedera’s EVM tops at ~300 TPS . Popular apps like CryptoKitties clogged Ethereum , showing how fragile throughput can be.

🎯Cost: Every operation costs gas. Under heavy load, fees spike to tens or hundreds of dollars. Failed transactions still burn gas .

🎯Security: Code is immutable and hard to audit. Exploits (e.g., The DAO hack in 2016 ) and DeFi breaches continue to cause major losses .

🎯Inflexibility: Once deployed, contracts are extremely hard to upgrade or patch .

🎯Oracle Dependency: Contracts can’t access outside data natively. Reliance on third-party oracles adds vulnerabilities .

Despite these flaws, smart contracts dominate due to Ethereum’s first-mover advantage, strong developer community, and established standards (ERC-20, ERC-721) .

[1/5 👇]

[Letspay @UseLetspay]

Who believes in DEFI ?

[Letspay @UseLetspay]

Traditional payment apps need trust. Blockchain makes trust optional, the network enforces it automatically.

[Letspay @UseLetspay]

Letspay is making Web3 useful for everyday payments.

Starting with the next million users in India 🚀

[Letspay @UseLetspay]

India does 12B+ UPI transactions every month.

Imagine if even 1% involved group payments

[Letspay @UseLetspay]

We’re building the future of trustless group payments on @hedera.

Instant, fair, and powered by credit. 🌍

[Letspay @UseLetspay]

💡 Ever paid for your friends and then struggled to get your money back?
You’re not alone. That’s exactly why we built LetsPay. 👇

[Letspay @UseLetspay]

Why should liquidity be a problem when spending with friends?