In the rapidly evolving world of e-commerce, providing a seamless payment experience is critical for both merchants and customers. According to Circle, integrating USD Coin (USDC) payments will provide online stores with a globally accessible alternative payment method that accelerates cash flow with near-instant settlement.
How it works
When your customers initiate a payment, connect your wallet and use Programmable Wallets to send USDC directly to a wallet address created specifically for your business. This wallet is automatically generated via script, so all transactions are secure and organized.
Step-by-step integration
Step 1: Create a new Wagmi project
To get started, create a new Wagmi project using TypeScript to build the frontend. Open a terminal and run the following command:
npm create wagmi@latest
This will build a new Wagmi project with the required configuration.
Step 2: Install required dependencies
Go to your project directory and install the required dependencies by running:
npm install
Step 3: Organize your project files
Set up the files needed for your project folder structure. Create a `config` folder in the parent directory, then move and modify the `wagmi.ts` file appropriately.
Step 4: Create a component
Create a components folder in your project directory and add the following files:
- PayButton.tsx: This will handle the payment button functionality.
- ProductCard.tsx: This will display the product details.
Step 5: Create a landing page
Create a new file named `page.tsx` in the src/pages directory and import the ProductCard component to render it, providing a user interface for your customers.
Step 6: Add external API calls
Let’s take advantage of the programmable wallet by creating a new file named `createWallet.js` in the src/pages/api directory. This will handle external API calls to create a wallet.
Step 7: Configure environment variables
Create a .env file in your project root and add your Circle Web3 service credentials.
CIRCLE_API_KEY=
CIRCLE_ENTITY_SECRET=
Step 8: Run the application
Start the development server with the following command:
npm run dev
Step 9: Access the application
Open a browser and go to http://localhost:3000 to see your application in action.
conclusion
Circle’s programmable wallet simplifies the process of embedding wallet functionality into your application, making it easy to accept USDC as a payment method for your business. Using the createWallet.js script and PayButton.tsx component, merchants can provide a seamless payment experience to their global customers with near-instant settlement.
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