TND Payments is a decentralized project that aims to develop a universal payment solution by connecting wallets, tokens, and networks. It facilitates cryptocurrency payments through NFC at points of sale.^[1]

Overview

TND Payments, founded by Lomo, is a decentralized project that aims to develop a universal payment system by connecting various wallets, tokens, and networks. Announced on X (formerly Twitter) in January 2024, TND payments seeks to address friction in crypto payments at physical stores, allowing users and merchants to transact using their preferred tokens.

By utilizing NFC technology, the platform aims to facilitate cryptocurrency payments without third-party services and supports token bridging and swapping, with plans for future QR code functionality. TND Payments aspires to make digital currency transactions as accessible as traditional payments.^[1][2]

Products

TND Payments App

The TND Payments app aims to facilitate phone-to-phone payments using NFC technology, providing a secure method for everyday cryptocurrency transactions. Users have the option to choose their preferred wallet and token without involving third parties, allowing for unrestricted transactions. The app also enables users to specify which token they wish to pay or receive, automating the transaction process to enhance convenience.^[1][2]

TND Payments Card

The TND Payments Card aims to provide a fully cryptocurrency-based payment option, allowing users to make transactions without relying on their phone’s battery. It facilitates secure transactions by encrypting payment information, offering a safe method for using digital currency.^[1][2]

Use Cases

TND Payments provides various use cases for both clients and merchants, aiming to enhance the use of digital assets in everyday transactions.

Client-side:

• Locate nearby merchants for using digital assets without relying on centralized, KYC-compliant services.
• Earn rewards in the DAO token by contributing to the ecosystem, such as adding new stores.
• Support cryptocurrency adoption as a crypto enthusiast.
• Offer freelancers and travelers a convenient payment option.
• Help young crypto owners convert airdrops.

Merchant-side:

• Maintain privacy and security while benefiting from cash and debit/credit card features.
• Attract new customers and access exclusive promotions.
• Operate in crypto hotspots with potential buyers seeking alternatives to high card fees.
• Serve high-inflation countries where individuals prefer holding crypto over fiat currency.^[1][2]

Team

The TND Payments team comprises individuals with diverse expertise:

• Lomo: Founder and developer.
• Miguel: Specialist in crypto payments.
• Beltrán: Developer and security analyst.
• j0hannes: Engaged in business development, with a background in finance.^[1][2]