Zaps: Contactless Zcash Payments with Instant USD Settlement -Grant Application

Hello Zcash community

I’m excited to share Zaps, a proposed Zcash-powered contactless payment application designed to bring private, real-world payments to everyday merchants and users.

What is Zaps?

Zaps is a non-custodial, contactless payment app built exclusively on Zcash. It enables users to make tap-to-pay or QR-based payments using shielded ZEC, while merchants receive instant settlement in USD directly into their local bank accounts.

The goal is to make Zcash usable for everyday commerce without requiring cards, Apple Pay, Google Wallet, or specialized POS hardware.

The Problem

  • Most crypto payments are too complex for merchants

  • Privacy-preserving payments are rarely usable in physical commerce

  • Merchants cannot easily accept crypto and still receive local fiat settlement

  • Existing solutions often require custodial wallets or centralized intermediaries

The Solution

Zaps solves this by:

  • Using Zcash shielded transactions for private payments

  • Allowing users to pay via tap-to-pay or QR codes

  • Automatically converting received ZEC to USD settlement for merchants

  • Requiring no card uploads, no Apple Pay, no Google Pay

  • Working with existing merchant devices (mobile phones, tablets, web)

I would greatly appreciate:

  • Feedback on the approach

  • Suggestions on merchant adoption

  • Technical considerations for Zcash integration

  • Any risks or improvements you see

2 Likes

Who will be performing the swap from ZEC to USD?

The ZEC-to-USD conversion will be performed by regulated third-party fiat off-ramp and liquidity providers integrated into the Zaps platform. These providers will handle real-time price execution, compliance, and settlement, converting received ZEC into USD and transferring funds directly to merchants’ local bank accounts.

Zaps itself will not custody merchant funds or act as a broker. Instead, it will orchestrate the payment flow by securely routing transactions to approved off-ramp partners, ensuring merchants receive predictable USD settlements while users continue to transact privately using Zcash shielded transactions.

conversion zec to usd …good luck with that!

you will need some heavy approvals for this from the authorities.

Thank you for your submission. After consideration from ZCG and sufficient time for the community to provide feedback on the forum, the committee has decided to reject this proposal.

The committee appreciates your grant submission efforts and encourages you to continue as an active member of the Zcash community going forward!