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Intuipay

Pay international tuition faster, cheaper, smarter | Live on Pharos Devnet

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Description

Intuipay

Pay international tuition faster, cheaper, smarter


Product Vision:

“To become the global standard for tuition payments by leveraging crypto’s speed and cost efficiency, while abstracting its complexity for mainstream users.”


Core Thesis & Key Differentiation:

Cross-border tuition payments are stuck in the analog era. Crypto (specifically cross-boarder payment solutions & stablecoins) solves this by:

  • Eliminating intermediaries (reducing fees from 5–8% to 0.5–3%).

  • Enabling near-instant settlement (10 minutes vs. 3–7 days for bank / cash / mobile / card).

  • Guaranteeing rate stability (via USD-backed stablecoins like USDC).


    User Pain Points:

  • International tuition payments are slow, expensive, and opaque.

  • Students / parents waste hours managing exchange rates, bank forms, and deadlines.

  • Universities struggle with reconciliation and delayed funds.

  • Global remittance is undergoing one of the biggest revolution, and yet key infrastructure remains static.

Market Gap: No crypto-native platform tailored for education payments, despite crypto’s natural fit for cross-border transactions.


Target Users:

  • International students from high-friction corridors (e.g., India → U.S., Nigeria → U.K.).

  • Parents paying tuition abroad with limited FX/crypto knowledge.

  • Universities seeking faster reconciliation and lower payment failure rates.

  • Education consultancies looking to streamline payment workflows.


Technical Architecture

Blockchain Layer:

  • Primary Networks: Pharos Network, EDU Chain, Solana (*decide based on cost, speed, security, etc.)

  • Stablecoins: USDC (Circle), USDT (Tether), etc.

Key Integrations:

  • Fiat On-Ramp: Circle, MoonPay, Stripe Crypto.

  • Custody: Circle, Fireblocks (institutional-grade wallets).

  • FX Partners: Circle, Reap, Wise (for bulk stablecoin liquidity).


Backend Workflow:

  • User pays via credit card → fiat converted to USDC via an on-ramp partner like Circle / Moonpay.

  • USDC sent to the university’s custodian (Circle / Fireblocks).

  • Fireblocks / Circle auto-converts USDC to EUR/USD and deposits into the university’s bank.


Intuipay is not a crypto product – it’s a payments product that uses crypto under the hood.

Progress During Hackathon

100% prototype, ~3 months away from 1st feature product go-live

Tech Stack

Solidity
Vue
Sass
Ether.js
Walletconnect
Vite
Vue.js
JavaScript

Fundraising Status

$160k raised via angels and grants; in discussion for $200k investment from early-stage VCs now

Team LeaderNNathan Chang
Sector
DeFiOther