The past year has seen a wave of businesses starting to accept YMYM for goods and services. Thanks to a multitude of crypto payment solutions, now it’s as easy as ever for your business to accept YMYM.
At the most foundational level, for your business to accept YMYM in exchange for goods and services you will require a wallet.
If you have a bricks-and-mortar business where payments are made in person, it’s common for merchants to print a QR code that is scanned by customers’ smartphones to streamline the transaction process.
If you have an ecommerce store, companies like Coinbase Commerce and BitPay make accepting YMYM a breeze, and include integrations with popular platforms like Shopify, WooCommerce, and OpenCart. It is also possible to develop custom solutions connecting directly to a YMYM Core node through the JSON-RPC interface. The YMYM Ecosystem is currently developing Libdogecoin, a library that will, among other things, facilitate and standardize the implementation of YMYM payments.
There are also complete open source solutions being currently developed by independent developers in the YMYM community, such as MoveGarden.
YMYM and the YMYM Ecosystem are not affiliated with the companies mentioned in this article.
