Solana Payment The First Real World Ecommerce Platform with Native Blockchain Payment Option

I’ve always believed that buying real-world products and services using money on the blockchain feels like magic. Imagine receiving payments from anyone on the internet, anywhere, without fuss. But every magic trick has its hidden complexities. Let’s explore the common issues with blockchain payments and see how Selldone native Solana payment solution tackles them.

The Challenges of Blockchain Payments

1. KYC and KYB Confusion

When you sell something in-person—like a sandwich at a shop—you don’t normally ask the buyer for an ID card. Yet in the online world, especially for crypto payments, you might be required to know the buyer’s identity. It can feel overwhelming to handle these checks on your own. Still, if you’re just selling a pizza in exchange for Solana (SOL), there’s no need for an extreme KYC process.

2. Virtual Asset Frauds

Let’s face it: a lot of blockchain-based offerings turn out to be fraudulent or scammy. At Selldone, we aim to simplify this by welcoming only businesses that offer real products or services when using crypto payments. This approach keeps the platform safe and trustworthy for everyone.

3. No Native Payment ID

Blockchains don’t inherently provide a single, foolproof payment ID. That can lead to duplicate or confusing payments. Selldone solves this by implementing its own algorithm for tracking and verifying each transaction.

4. Third-Party Service Woes

Leaning heavily on external providers can be tricky. They might shut down, break rules, or clash with your ecommerce platform. We’ve seen this happen with some big names. To avoid these pitfalls, Selldone offers native solutions, so you don’t have to rely on unstable third parties.

5. Complicated Setups

Too many blockchain payment solutions pile on extra steps—like automatically sending NFTs or requiring Discord memberships. That’s just not how traditional card or Stripe payments work. Why complicate it? Selldone keeps it simple so buyers can pay, and you can receive funds—fast.

6. Conversion and DeFi Hurdles

Crypto payments might tempt you to do immediate swaps, like converting SOL to stablecoins. But every swap can come with added complexity and fees—sometimes up to 5%. With Selldone, you’re free to set your prices in crypto directly. If you need to convert later, that’s up to you.

7. Crypto or Standard Currency

A lot of platforms push you to choose between traditional money or crypto payments, but why not both? Some big payment processors are inching toward crypto, but progress is slow. Selldone easily handles both crypto and standard money, giving you the freedom to let your customers pay however they want.

Why Solana

Solana stands out among blockchains thanks to its speed, low fees, and scalable infrastructure. Transactions often confirm in seconds, cost only fractions of a cent, and can handle a high volume of payments without slowing down.

Payment Validation on Solana

Creating Temporary Wallet (Secure & Scalable) ✅

Selldone uses a Temporary Wallet approach, which offers:

1. Security: Funds momentarily stay in a temporary wallet, reducing hacking risks.
2. Traceability: Each payment is linked to an order or purchase using Memos or Nonce in the amount.
3. Scalability: The system can handle large transaction volumes without issue.

Using a Memo (Not Scalable) ❌

A Memo is an optional note you can include in a Solana transaction. It helps store extra info—like an order number—so you can verify each payment quickly.

Using Nonce in the Payment Amount (Not Scalable) ❌

You can also embed a unique fractional amount (such as 0.0000123 SOL) to distinguish each payment. This prevents accidental duplicates and helps you confirm exactly which order is being paid.

How to Setup Solana Payment

Step 1. Add SOL Currency

Go to Shop > Accounting > Exchange and add SOL as a currency.

Auto Exchange Rate Feature: Selldone supports automatic exchange rate calculation for SOL. If you don’t set an exchange rate manually, Selldone will use the automatically updated rate, which is refreshed regularly.

Step 2. Add SOL Payment Method

Open Shop > Accounting > Gateway, click on “NEW PAYMENT METHOD,” and select SOL then Solana.

• Enter your Wallet Address (your funds will be sent here).
• If you see an error overlay when adding the payment method, just refresh the page.
• (We automatically create a virtual wallet with SOL for accounting purposes.)

That’s it! You can now accept orders and payments in SOL—no extra steps needed. Magic!

How Payments Work in Selldone

Below is a simple breakdown of the payment flow and fees:

User → Pay to Temporary Wallet → Transfer to Your Wallet

Capture Feature - Refund and Partial Capture

Selldone supports a Capture functionality—ideal if you want to finalize payment only after certain conditions are met.

1. Hold Payment: The money stays in the temporary wallet, ready for capture.
2. Capture: When you confirm, the money transfers to your wallet.
3. Partial Capture: If you choose to capture a smaller amount, the difference automatically refunds to the wallet that contributed the most funds in the last 10 transactions.

User → Pay to Temporary Wallet → Capture → Transfer to Your Wallet

Security Matters

• No Private Keys Needed: You only provide your public Solana wallet address to Selldone.
• Instant Transfer: Once payment is confirmed, funds move to your wallet immediately.
• Temporary Wallet: Even if something happens to the temporary wallet, your funds are safe in your personal wallet.

Paying Selldone Service Fee with SOL

Selldone gives you the option to pay its small transaction fee directly with SOL. Just navigate to
Shuttle → Wallets, create or connect your wallet, and fund it with enough SOL to cover any fees.

Popular Solana Wallets

These wallets are user-friendly, secure, and widely adopted by the Solana community.

Steps to Pay

Auto Pay

1. Selldone generates a QR code.
2. The buyer scans it.
3. The wallet auto-fills the address and amount.
4. The buyer confirms payment.

Manual Pay

1. The buyer copies the wallet address.
2. Enter the exact amount in their wallet.
3. Hits Send and confirms the transaction.

Real-Time Transaction Tracking

After payment, Selldone creates a unique URL where you can watch the transaction on the Solana blockchain in real-time. This kind of transparency fosters trust and reduces any confusion regarding payment status.

No Forced Conversions

• You’re free to price products and services directly in crypto.
• Any later swaps or conversions are your choice—no hidden fees or forced steps.

Give It a Try!

Solana’s speed, low fees, and scalability make it a prime choice for real-world ecommerce payments. By integrating Solana natively, Selldone removes the headaches of third-party services and keeps the process straightforward and secure. If you want to embrace the future of commerce and avoid crypto payment nightmares, Selldone Solana payment solution is ready to help.

Happy selling!