At a glance
NEAR on Paymos
Supported stablecoins
- USDT Tether USD
- USDC USD Coin
Confirmation speed
Confirmation depth is network-specific — Paymos tunes it to each chain's finality and shows thresholds where they apply.
Why NEAR for crypto payments
NEAR is a sharded proof-of-stake chain with ~1-second blocks. Finality is deterministic, and its accounts carry human-readable names (alice.near) alongside implicit hex addresses — a friendlier handle than the raw 0x strings EVM chains expose to buyers. For a merchant, NEAR is the right rail when the audience already lives in the NEAR ecosystem — Ref Finance, Burrow, the Aurora community — or in consumer apps built on NEAR's account primitives.
Supported stablecoins on NEAR
USDT and USDC are deployed on NEAR as NEP-141 tokens — the panel above shows the live set. DAI, USD1, and XAUT are not natively deployed on NEAR and are not accepted.
How confirmations work on NEAR
NEAR reaches deterministic finality quickly, rather than waiting out reorg probability the way a proof-of-work chain does. Paymos waits a set number of blocks past the transfer before it credits the balance — a fixed confirmation depth on NEAR, not a depth that scales with the ticket. A $40 payment and a $4,000 payment clear at the same block count. The dashboard shows the live value; we tune it to network conditions, so don't hardwire a number into your own integration.
Fees and gas
The customer pays the network fee in NEAR. A NEP-141 stablecoin transfer runs a small fraction of a cent — typically far below a tenth of a cent at current gas prices. The buyer does need a little NEAR to cover it; an account holding only USDC can't broadcast on its own.
Paymos pricing on NEAR: 1.0% Standard, 0.3% Enterprise on request. The gas we spend accepting and sweeping your payments comes out of that 1.0%, not your pocket. On withdrawal we take 0 commission — you pay a reduced network fee, set below what the chain would charge you directly, and we absorb the gap.
Compared to a typical crypto gateway
Most gateways either skip NEAR entirely or bolt it onto their EVM logic and reconcile by a memo tag the buyer has to remember. Paymos derives a fresh implicit address per invoice, so a NEAR payment maps to its own account with nothing for the customer to copy across. Each state change posts an HMAC-SHA256-signed webhook within a block of confirmation, so your order ships before the buyer closes the tab. The external_order_id you set on the invoice rides every retry, so a re-delivered event reconciles to one order instead of two.
What we don't do on NEAR
We accept USDT and USDC on NEAR — no DAI, USD1, or XAUT, since none are natively issued here. We don't treat Aurora as a separate network — it's an EVM-on-NEAR environment, not a Paymos-supported chain. Whatever NEP-141 the customer sends lands on your balance untouched — we never convert it to another coin or to fiat, and there's no bank off-ramp inside Paymos; you withdraw USDT or USDC to a whitelisted wallet. And we don't front the buyer's inbound gas — that small NEAR fee is the sender's to pay.
Frequently asked questions
Are NEAR addresses different from EVM addresses?
Yes. NEAR uses human-readable account names (alice.near) plus implicit hex addresses. A Paymos NEAR deposit address is generated as an implicit hex address — the same address format the chain uses for ad-hoc accounts. Customers paying you can send to that address from any NEAR-capable wallet.
What's a NEP-141 token?
NEP-141 is NEAR's fungible token standard, equivalent to ERC-20 on Ethereum. USDT and USDC on NEAR are NEP-141 tokens.
Can a customer pay me from Binance to NEAR?
Yes. Binance lets users withdraw USDT and USDC over the NEAR network — the buyer selects NEAR at the withdrawal step, and the coins land straight on the Paymos address you gave them.
What gas token does NEAR use?
NEAR, the native token. To pay you in USDC, the customer's wallet needs a little NEAR on hand — a few cents covers a NEP-141 transfer.
Is NEAR's sharding visible to me as a merchant?
No. Paymos handles cross-shard attribution internally. From your perspective the payment confirms and the balance credits — the sharding is transparent.
Has NEAR ever had a chain outage?
The chain itself has a strong record: NEAR mainnet has produced blocks continuously since its April 2020 launch, with no sustained block-production halt. The notable July 2024 incident took down near.org and public RPC endpoints — the access layer, not block production — and the chain kept finalizing throughout. Either way, Paymos doesn't depend on a chain staying up: our scanner detects any stall and holds confirmations until block production resumes, so a halted network leaves a payment pending rather than wrongly settled.