Switching from Helio or Coinbase Commerce? What Next-Gen Payments Offer That You're Missing
Nov 28, 2024
You've adopted crypto payments, but you're still facing friction. Discover how Gecko Vision's Account Abstraction and Zero Chargebacks solve the problems first-generation crypto gateways left behind.
In this post we'll cover:
If you're already using a first-generation crypto payment gateway like Helio (now MoonPay Commerce) or Coinbase Commerce, you've taken a great first step. You've seen the benefits of lower fees and faster settlement compared to traditional credit cards.
However, these solutions were built for the early Web3 adopter. They still carry significant friction that prevents mass adoption and leaves critical merchant problems unsolved.
Gecko Vision is the next generation of Web3 payments, built to solve the problems the first generation created.
The Two Gaps Left by First-Gen Gateways
First-generation solutions focused on the technology (getting crypto on-chain). Gecko Vision focuses on the merchant and customer experience.
Gap 1: The Friction Gap (Customer UX)
| Feature | First-Gen Gateways (Helio/Coinbase) | Gecko Vision (Next-Gen) |
|---|---|---|
| Customer Wallet | Required (e.g., Phantom, MetaMask). | Not Required. Seamless Web2-like checkout. |
| Gas Fees | Customer must pay gas fees in native token. | Gas Sponsorship. Zero gas fee friction for the customer. |
| Complexity | Requires knowledge of networks, tokens, and seed phrases. | Account Abstraction. All complexity is handled on the backend. |
| Conversion | High drop-off rate due to Web3 friction. | High conversion rate due to Web2 simplicity. |
The Gecko Vision Advantage: We use Account Abstraction (AA) and Smart Wallets to abstract away all the Web3 complexity. Your customer simply pays, and you receive the funds. This is the key to unlocking the vast majority of e-commerce customers who are not crypto-native.
Gap 2: The Finality Gap (Merchant Risk)
While crypto payments are inherently irreversible, first-generation gateways often fail to explicitly address the most painful merchant problem: chargebacks.
- First-Gen Focus: "Low Fees" and "Instant Settlement."
- Gecko Vision Focus: "Zero Chargebacks" and "Guaranteed Finality."
For merchants selling digital goods, the difference between a 0.75% fee (Helio) and a 1.5% fee (Gecko Vision) is negligible compared to the cost of a single chargeback. Gecko Vision's core value proposition is the elimination of chargeback risk, a problem that first-gen solutions do not lead with.
Why Switch to Gecko Vision?
Gecko Vision is designed to be the superior, multi-chain alternative that protects your revenue and future-proofs your business.
1. Guaranteed Revenue Protection
Our primary focus is on finality. We are built for the merchant who is tired of losing money to "friendly fraud." Gecko Vision ensures that once a payment is confirmed, the revenue is yours—guaranteed.
2. Multi-Chain Flexibility
While Helio is deeply integrated with Solana, Gecko Vision's Smart Wallet architecture is chain-agnostic. We can operate across multiple Layer 1 and Layer 2 networks (Ethereum, Base, Polygon, Solana), giving you and your customers maximum flexibility and security without vendor lock-in.
3. Future-Proof Financial OS
Gecko Vision is not just a payment processor; it's a foundation for your future financial operations. Our Agentic Payments roadmap will automate invoicing, smart refunds, and payment reminders—features that traditional gateways simply cannot offer.
Conclusion
If you've already made the leap to crypto payments, you understand the power of Web3. Now, it's time to upgrade to a solution that solves the final barriers to mass adoption: customer friction and chargeback risk.
Gecko Vision offers the ultimate combination: Web2 simplicity for your customers and Web3 finality for your business.
Ready to upgrade to the next generation of e-commerce payments? See how Gecko Vision's Zero Chargebacks and Account Abstraction can revolutionize your business. Join our waitlist and leave the friction behind.