Crowdform Labs has just launched Helix, an innovative gasless recurring Web3 subscription payment service that aims to revolutionize the way businesses and consumers handle subscription payments using cryptocurrency. Helix eliminates the need for customer-facing gas fees, making it more frictionless and accessible for users. Additionally, it is compatible with any wallet, making it easy for customers to use, particularly for those who prefer non-custodial solutions, which allows them to have full control and ownership of their assets.

One of the major challenges with using stable coins for payments is the issue of gas fees. These fees can add up quickly, making it difficult for businesses to offer subscription-based services and added complexity for consumers to maintain a balance of both the native gas token (Ethereum or MATIC) and the stable coin (USDC). Helix solves this problem by using a new gasless meta-transaction method that eliminates the need for gas fees from the customer's side, instead charging the gas fee via a low-cost transaction fee in the stable coin, making it more affordable and accessible for everyone.

Helix offers significantly lower transaction fees compared to traditional payment methods such as credit and debit cards, with a transaction fee of only 1%, while traditional transaction fees for credit and debit cards are typically from 20p + 1.4%. This is achieved by using blockchain technology, which eliminates the need for intermediaries such as banks and payment processors.

Helix has a wide range of potential use cases and can be used by any business that needs to process recurring or one-off payments in crypto. Integration is simple for developers using the Helix SDK, as well as for no-code solutions with the creation of multi-use payment links via a few clicks in the Helix Dashboard. Use cases include subscription-based services like streaming platforms, software as a service, and online publications. Helix opens up new opportunities for businesses in the gaming and NFTs space, as well as for creators and influencers looking to monetize their content.

By using Helix, businesses not only benefit from lower transaction fees but also provide a more secure, transparent, and private way to process payments, which can help them attract users in a growing market space who are looking for more secure and decentralized payment options. Helix's target partners are individuals, businesses, and large enterprises who want to process recurring payments on the blockchain, including creators and influencers looking to monetize their content, typical e-commerce experiences, and in-game memberships. Helix plans to expand its capabilities to support any ERC-20 token in the future, providing more flexibility for customers and allowing them to make payments using a wider range of digital assets.

In conclusion, Helix is a game-changer in the world of cryptocurrency payments, offering lower transaction fees and a more secure, transparent, and private way to process payments. Helix's ability to eliminate the need for customer-facing gas fees and its compatibility with any wallet make it accessible for users. With a wide range of potential use cases, Helix is poised to revolutionize the way businesses and consumers handle subscription payments using cryptocurrency.