LUXY — WERT Payment Solutions

4 min readNov 24, 2022

The LUXY Team is excited to announce the official launch of the WERT Payment Solution integration.

What does WERT mean for LUXY Users?
LUXY deploying WERT as a payment solution marks an innovative milestone in the team goal of providing an open, decentralised and universally accessible NFT Marketplace to users across the world.

The integration will provide an accessible onboarding pathway for fiat users to acquire cryptocurrencies directly through the LUXY Marketplace to fund their wallets, providing expedited purchasing abilities for NFTs.

What cryptocurrencies will the LUXY WERT integration support?
At the time of deployment, users can fund their wallets using either Matic or USDC on the Polygon Network within the LUXY Marketplace. Further options will be introduced in future.

PHASE 1
How to Add Funds Using Credit Card:

Step 1:
Login to the LUXY NFT Marketplace by connecting your wallet.
Once connected, click on the Add Funds Button.

Step 2:
Select the Credit Card option,
Specify the amount you would like to add in USD,
Click Continue.

Step 3:
After you fill in your personal and credit card information, if your transaction is successful, you will see a window like the one displayed below. At this stage, your account has been credited, and you can choose one of three options;
1. Get Receipt
2. Repeat Transaction
3. Close the pop-up by clicking on the X in the top right corner.

For a visual guide, please see the youtube video below:

FINAL STEP:
Enjoy buying NFTs on the LUXY NFT Marketplace!

What is WERT?
Wert is a fiat-2-crypto gateway for Web3 projects. It is helping Web3 projects to onboard new users by enabling bank card payments for them.

Wert’s unique value proposition is that it can interact with smart contracts: LUXY users can make a credit card payment, and this will result in a smart contract call. Wert.io is jointly operated by SHA2 Solutions OU and SHA2 Solutions Inc, with their head office located in Tallinn, Estonia.

What countries are supported by Wert?
Wert accepts residents from 198 countries.

Here you can find a full list:
https://support.wert.io/en/articles/5194509-supported-countries

And here is the list of supported US states: https://support.wert.io/en/articles/5194514-supported-us-states

What currencies does Wert support?
In fiat, Wert currently accepts USD only.

Supported cryptocurrencies can be found here:
https://www.notion.so/Supported-Currencies-8a2a5f6a6ccb49709419793d34d86223
Note: As mentioned above, at the time of deployment LUXY supports adding funds in either Matic or USDC on the Polygon Network. Further options to come.

What smart contracts does Wert support?
Wert supports contracts on Ethereum, Polygon and Tezos. It can interact with any smart contract standard and call any function as long as it’s payable.

What payment methods are supported?
Mastercard and Visa credit and debit cards.

What are the limits?
The minimum transaction size is $5.00. The maximum transaction size is $10,000.00. The maximum transaction size is also a user's individual weekly spending limit using Wert.

Who is responsible for chargebacks?
Wert is the merchant of the record, so it takes all the responsibility which comes with accepting fiat payments, including the chargebacks.

How is Wert regulated?
Wert is licensed to operate as a virtual currency provider by the relevant authorities in Estonia and USA and is compliant with all the corresponding regulations.

We are excited to offer this brand-new payment solution to LUXY users. We look forward to continuing to innovate by nurturing our close working relationship with the talented team at WERT!

Want to List on LUXY?

Contact LUXY for listing, launch and collaboration enquiries now! https://linktr.ee/LuxyNFT

Till next time… 💗 Team LUXY