Example layout, not a real story
YYYY-MM-DD
- Place
- Kind of place, town
- Paid with
- What was paid with
- What worked
- What worked
- Why
- Why
- Who
- Kind of business or user
yet another payment provider
yapp is a pilot exploring one question: can a small local shop take a euro stablecoin payment straight into its own wallet, with no card company in between?
Status
yapp is an exploration by Abicoca Squared Labs, near Oliveira do Hospital. It is not a company or a service, and it does not take or hold anyone's payments.
01 / Who it looks at
It starts with small local places that take only cash, or MB Way to a personal number.
02 / Freedom
Say no to the middlemen.
The idea underneath is saying no to the middlemen. No Visa, no Mastercard and no MB Way standing between a shop and its customers.
What it tests
Whether a payment can arrive with no processor taking a cut, no chargebacks, at any hour of the day.
03 / Cost
Not free.
One thing the pilot measures is whether this costs less than taking cards or business MB Way. It would not be free: moving the money and turning it into euros have small, real costs.
04 / Rules
A sale paid in a euro stablecoin would still be invoiced in euros, like any other sale. The tax and regulatory details are still being checked with a contabilista and a lawyer.
05 / Edges
Even then, the company that issues the stablecoin and the service that turns it into euros in a bank still sit at the edges.
06 / Stories
Newest firstEmpty for now. The first story here is waiting for a shop near you. Perhaps yours.