Sphere

ABOUT SPHERE

• Sphere is a pioneering blockchain development company that focuses on Solana technology. It began with a global hackathon sponsored by Stripe.

• The platform aims to drive the adoption of digital payment solutions, fostering a more interconnected and efficient business world.

• Sphere provides businesses with top-tier compliance, accounting, analytics, tax support, third party integrations, and developer tools, all in one system.

• The company features a range of products such as payment links, subscriptions, invoices, and payouts, designed to streamline the payment process.

SPHERE FEATURES

• Lowest Fees on the Market. 

All transactions at a competitor matched fee, with network fees passed at cost.

• Convenient Swaps. 

Payouts directly to your or a third-party vendor’s bank account, either manually or on a scheduled basis, with competitive OTC rates.

• Instant Settlements. 

Receive your money in seconds to minutes, instead of days to weeks.

• Split Payouts. 

Automatically split payments without extra fees.

• Non-Custodial. 

Payments are peer to peer and they never handle customer or merchant funds.

• Audited. 

Sphere's contracts are audited by industry-leading experts. They regularly conduct threat modelling, penetration testing, and vulnerability assessments on their infrastructure.

• Compliant. 

Sphere follows all best practices according to US regulations and uses licensed money transmitters.

• Encrypted. 

All data is encrypted and/or tokenized at rest and in transit. They never store sensitive PIIs, and have strict ACLs.