213: Simplifying Crypto Payments: Diana from Prospherious on Building the Next Visa for Web3

In this episode of Web3 with Sam Kamani, I interview Diana De Morais, founder of Prospherious, a crypto payment gateway on a mission to bring mass adoption to Web3. We discuss: The Current Crypto Payment Landscape: Why existing solutions fall short of driving adoption. Prospherious’ Approach: Mimicking traditional payment systems like Visa to create a user-friendly crypto payment experience. Challenges in Building a Startup: Insights on being a female founder in a male-dominated industry. Future Vision: Launching the MVP, navigating MiCA regulations, and making crypto payments seamless for businesses and users. If you’re curious about the future of crypto payments or how to make Web3 accessible to everyone, this episode is packed with actionable insights. Key Timestamps [00:00:00] Introduction: Sam introduces Diana and the episode’s focus on simplifying crypto payments and driving Web3 mass adoption. [00:01:00] What is Prospherious? A B2B crypto payment gateway designed to mimic traditional payment flows. Solving pain points for businesses and users in crypto transactions. [00:03:00] The Problem with Crypto Payments: Complex user flows, lack of education among merchants, and minimal user demand. Why simplicity and user-friendly interfaces are key to mass adoption. [00:05:00] How Prospherious Works: A payment gateway resembling fiat systems for seamless crypto transactions. Real-time settlement for merchants and reduced transaction fees. [00:08:00] The Impact of Stablecoins: Addressing volatility concerns for merchants and enabling smooth transactions. The role of stablecoins in driving crypto adoption globally. [00:13:00] Diana’s Journey into Web3: Starting in crypto in 2014 and transitioning from traditional payments to blockchain. Lessons learned from working with early crypto payment gateways. [00:16:00] Overcoming Challenges: Tackling biases as a female founder in the Web3 space. Fundraising plans for 2025 and building a scalable ecosystem. [00:20:00] Insights from the Market: Why many businesses still struggle with crypto adoption. The importance of educating merchants and simplifying backend processes. [00:26:00] Call to Action: Prospherious is seeking merchants for MVP testing, legal advisors in Europe, and funding partners for its next round. Connect https://prospherious.com/ https://www.linkedin.com/company/prospherious/ https://www.linkedin.com/in/dianademorais/Disclaimer Nothing mentioned in this podcast is investment advice and please do your own research. Finally, it would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend.Be a guest on the podcast or contact us - https://www.web3pod.xyz/