# Polyflow

> PolyFlow is a projects-and-protocols that provides decentralized payments infrastructure (PayFi) connecting crypto payments, DeFi and on-chain identity to enable custody-free, privacy-preserving settlements and consumer payment services.

- Canonical URL: https://iq.wiki/wiki/polyflow
- Categories: Projects & Protocols
- Tags: Ethereum, Payments, DeFi, Identity, Infrastructure
- Created: 2026-09-15T15:06:28.022Z
- Last updated: 2026-09-15T15:29:19.636Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

---

**PolyFlow** is a PayFi protocol that connects [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) payments with [decentralized finance](https://iq.wiki/wiki/defi) and [real-world assets](https://iq.wiki/wiki/real-world-assets-rwas). Its infrastructure uses modular components for payment processing, liquidity, identity, and privacy to support on-chain financial transactions.  [\[1\]](#cite-id-n2yg0yjqw4) 

## Overview

![](https://ipfs.everipedia.org/ipfs/QmV9zwoMGPyBu4DRj5mSDi1nTgSwdpxLfxDo5ZGmMSbNou)

PolyFlow is a PayFi protocol that connects [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) payments with [decentralized finance](https://iq.wiki/wiki/defi) and [real-world assets](https://iq.wiki/wiki/real-world-assets-rwas). Its infrastructure aims to address challenges in [crypto](https://iq.wiki/wiki/cryptocurrency) payments, including centralized custody, fiat settlement, regulatory compliance, limited service offerings, and [DeFi](https://iq.wiki/wiki/defi) integration. The protocol uses a modular architecture that separates transaction information flows from fund flows, allowing payment processes to operate without relying entirely on centralized intermediaries and reducing custody-related risks. PolyFlow incorporates several components for payment and [DeFi](https://iq.wiki/wiki/defi) applications, including a proprietary PID Layer for transaction coordination, [liquidity pools](https://iq.wiki/wiki/liquidity-pool) for settlement, and zero-knowledge technology for privacy. Its infrastructure also lets payment liquidity interact with [DeFi](https://iq.wiki/wiki/defi) markets, allowing liquidity providers to generate yield while supporting payment transactions. The protocol supports a range of [decentralized applications](https://iq.wiki/wiki/decentralized-application) and connects payment infrastructure with broader [blockchain](https://iq.wiki/wiki/blockchain)-based financial services. [\[2\]](#cite-id-dwz6i9g7ju) 

## Products

### Polyflow DApp

PolyFlow DApp is a consumer-facing application that supports [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) payments and related on-chain financial activities. Its Dashboard allows users to track PolyFlow points, participate in interactive activities, build an on-chain profile known as PolyFlow PID, and access information about merchants and regions that support [crypto](https://iq.wiki/wiki/cryptocurrency) payments. A core feature is “Scan to Earn,” which uses AI and image-recognition technology to process physical receipts or electronic payment records users upload and award points based on their purchases. The [DApp](https://iq.wiki/wiki/decentralized-application) is structured around PolyFlow’s Season Campaign, which focuses on bringing real-world payment activity on-chain, developing user-controlled transaction profiles, and expanding access to [blockchain](https://iq.wiki/wiki/blockchain)-based financial services. Payment records are intended to contribute to users’ PolyFlow PID profiles, with potential applications including on-chain credit systems and data authorization for financial or AI-related services. The broader platform supports payment, savings, wealth management, lending, remittance, and governance applications through [blockchain](https://iq.wiki/wiki/blockchain)-based infrastructure. [\[5\]](#cite-id-dkwelrjhwx)  

### Mint to Earn

The Mint to Earn season is the second phase of PolyFlow’s PayFi initiative, following the Scan to Earn campaign. It focuses on converting real-world payment and activity data into on-chain user profiles through PolyFlow PID (Payment Identity). The profile is intended to record information from activities such as [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) payments, loyalty programs, and travel, with zero-knowledge technology used to maintain privacy while allowing users to selectively share their data. PolyFlow describes potential applications including on-chain credit assessment, personalized financial services, and licensing anonymized user data for AI applications.

The season includes a partnership with [Web3](https://iq.wiki/wiki/web3) travel platform Umy.com, through which users can convert existing loyalty statuses into on-chain PIDs and receive associated benefits such as coupon distributions. The broader roadmap envisions using PID data across financial and payment applications, including [stablecoin](https://iq.wiki/wiki/stablecoin) payments, [DeFi](https://iq.wiki/wiki/defi) services, lending, and data markets. The Mint to Earn season is positioned as an intermediate stage between payment activity and future yield-generating services, with subsequent phases intended to connect on-chain payment data and identity with broader financial applications. [\[6\]](#cite-id-qj11gronjw) 

### Pelago Connect

![](https://ipfs.everipedia.org/ipfs/QmarXsaoh7mrbKhXpFr6G2UTsErGNEhEw6d9goSLopfrWe)

Pelago Connect is a payment gateway PolyFlow developed to help businesses accept [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) and [stablecoin](https://iq.wiki/wiki/stablecoin) payments across multiple [blockchain](https://iq.wiki/wiki/blockchain) networks. The gateway addresses limitations of traditional payment systems, including [transaction fees](https://iq.wiki/wiki/transaction-fee), settlement times, and regulatory requirements, while supporting both [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) and [fiat](https://iq.wiki/wiki/fiat-money) payment methods such as Alipay, WeChat Pay, and credit cards. It provides integrations through plugins and SDKs for platforms including WooCommerce, Shopify, and Magento, along with a merchant dashboard for transaction monitoring and reporting.

Pelago Connect supports wallet-free payments through QR codes, allowing customers to complete transactions without connecting directly to a merchant wallet. Merchants can choose between immediate conversion and scheduled settlements, while the platform supports multiple tokens and networks and can add new [stablecoins](https://iq.wiki/wiki/stablecoin) and [digital assets](https://iq.wiki/wiki/digital-assets). The gateway is intended for applications including international e-commerce, embedded [dApps](https://iq.wiki/wiki/decentralized-application) and [NFT](https://iq.wiki/wiki/non-fungible-token-nft) marketplaces, and physical retail, where it can process on-chain payments, facilitate [fiat](https://iq.wiki/wiki/fiat-money) conversion, and settle funds with merchants or sellers. [\[7\]](#cite-id-k0n28tur8u)  [\[8\]](#cite-id-ir3jcqi53g) 

### Crypto Card

![](https://ipfs.everipedia.org/ipfs/QmSg5Ly1GGwj5pvdpCpMX498xZ5aVGcqXoNDwsqVZV3Kbg)

The PolyFlow Crypto Card is a payment card that allows users to spend supported [cryptocurrencies](https://iq.wiki/wiki/cryptocurrency) through a self-custodial wallet without manually converting assets into fiat before each transaction. When a card payment or compatible ATM withdrawal is made, PolyFlow's Pelago Connect payment gateway converts the required amount of [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) into local fiat at the prevailing market rate. The card can also be linked to Google Pay and Apple Pay for online and in-person payments, and its rewards system provides points for initial top-ups and transactions as well as subsequent spending and recharges.

The card has a one-time issuance fee of $5, a $3 monthly maintenance fee, a 1.2% top-up fee, and a $0.20 transaction service fee, with a $10 security reserve frozen after the first top-up. Activation requires KYC verification and payment of the issuance fee, subject to geographic restrictions. Cards are automatically frozen when the combined available and frozen balance falls below $10, and insufficient funds for monthly fees can result in temporary locking. A card that remains locked for two consecutive months may be permanently deleted, and the frozen reserve will cover outstanding fees. PolyFlow has also partnered with Roam to issue a separate Roam Crypto Card for its users, which is excluded from PolyFlow’s standard rewards system. [\[9\]](#cite-id-b9jsoartn2)  [\[10\]](#cite-id-99sn18u0fh) 

### Payment ID (PID)

PolyFlow Payment ID (PID) is a payment-focused decentralized identity system that connects real-world credentials and information with [cryptocurrency wallets](https://iq.wiki/wiki/cryptocurrency-wallet). It uses decentralized identifiers (DIDs), verifiable credentials (VCs), [zero-knowledge proofs](https://iq.wiki/wiki/zero-knowledge-proofs-zkps), and attestation services to allow users to store and verify real-world data while maintaining control over their assets and limiting the information disclosed during verification. PID is intended to support compliance requirements while reducing reliance on centralized intermediaries and enabling [blockchain](https://iq.wiki/wiki/blockchain) applications to use existing Web2 data.

PID is designed as an identity layer connecting Web2 and [Web3](https://iq.wiki/wiki/web3) applications, allowing users to manage credentials and provide privacy-preserving verification for payment and financial services. Its potential applications include linking real-world identity and payment information, enabling verifiable claims, and supporting [decentralized applications](https://iq.wiki/wiki/decentralized-application) that require trusted off-chain data. Within PolyFlow's broader PayFi infrastructure, PID is intended to connect real-world payment activity with on-chain services while giving users greater control over how their information is stored, verified, and shared. [\[4\]](#cite-id-i7874mzkmr) 

### Payment Liquidity Pool (PLP)

![](https://ipfs.everipedia.org/ipfs/Qmbhaj1NrQw7FXV2bTicb7VTRiiNaDshY7Gr1Vtu2UL66U)

PolyFlow Liquidity Pool (PLP) is a [smart contract](https://iq.wiki/wiki/smart-contract)-based liquidity mechanism designed to support payment transactions and generate returns from associated [transaction fees](https://iq.wiki/wiki/transaction-fee). Rather than relying on third-party payment processors, PLP uses [smart contract](https://iq.wiki/wiki/smart-contract) addresses to facilitate transactions and direct processing fees toward [liquidity providers](https://iq.wiki/wiki/liquidity-providers). The system uses automated contracts and decentralized asset vaults, reducing reliance on intermediaries and limiting custodial control over deposited assets. PLP is intended to provide an on-chain liquidity mechanism for payment-related cash flows and other PayFi applications. [Liquidity providers](https://iq.wiki/wiki/liquidity-providers) can supply funds that are used to facilitate settlement when merchants request early payments, with returns determined by factors including the amount of liquidity supplied and transaction volume. The infrastructure also supports applications such as supply-chain finance, wallet settlement networks, [stablecoins](https://iq.wiki/wiki/stablecoin), and insurance, using contract-controlled vaults, automated vault assignment, and non-privileged system controls for asset management. [\[11\]](#cite-id-2XumhPUW50AFMFy5) 

## Partnerships

* [OKX](https://iq.wiki/wiki/okx)
* [Stellar](https://iq.wiki/wiki/stellar)
* [Ripple](https://iq.wiki/wiki/ripple-labs)
* [Morph](https://iq.wiki/wiki/morph)
* [Bitget](https://iq.wiki/wiki/bitget)
* [Gate](https://iq.wiki/wiki/gate)
* Halo Wallet
* [TRON](https://iq.wiki/wiki/tron)
* [ByBit](https://iq.wiki/wiki/bybit)
* [Trust Wallet](https://iq.wiki/wiki/trust-wallet)
* [Circle](https://iq.wiki/wiki/circle)
* [Berachain](https://iq.wiki/wiki/berachain)
* [Gravity](https://iq.wiki/wiki/gravity)
* [Bitlayer](https://iq.wiki/wiki/bitlayer)
* [Conflux](https://iq.wiki/wiki/conflux)