Turn Any Business Asset into a Guaranteed PayNote
Issue trustworthy commitments without banks or processors. Custom PayNotes let you create, split, trade, and embed value across any experience using the Blue protocol.
Who Participates in a Custom PayNote?
PayNotes decouple trust from brand recognition. Anyone controlling a resource can guarantee value, and anyone can hold or redeem it under programmable rules.
Payer
Anyone committing value
Individuals, businesses, or platforms promising something of value.
Payee
Anyone receiving value
Customers, partners, employees, or community members redeeming value.
Guarantor
Any business controlling a resource
Restaurants, venues, marketplaces, loyalty programs—no bank required.
Currency
Anything of value
Dining credits, loyalty miles, prizes, memberships, access rights, or bundles.
Programmable Vouchers Become Liquid Assets
Custom PayNotes transform static vouchers into composable building blocks that travel across documents, platforms, and automated workflows.
Business as Guarantor
Turn the assets you already control into cryptographically guaranteed commitments without intermediaries.
Composable Value
Split PayNotes into child documents, embed them in contracts, trade them on platforms, and automate complex flows.
Protocol-Level Trust
Customers trust the PayNote protocol, not your brand reputation. Guarantees are verifiable and immutable.
Why PayNotes vs Traditional Vouchers?
| Traditional Gift Cards / Vouchers | Custom PayNotes |
|---|---|
| Intermediary takes 5–10% fees | Zero intermediary fees—direct issuance |
| Card company owns customer data | You own the complete customer relationship |
| Customer trusts card company brand | Customer trusts cryptographic guarantee |
| Fixed, inflexible terms | Fully programmable conditions |
| No partial redemption or transfer | Split, combine, and transfer freely |
| Single use model | Composable inside any Blue document |
| Static value | Issue child PayNotes with custom rules |
| Breakage benefits intermediary | Breakage stays with you (if any) |
The key difference: PayNotes are composable. Bulk buyers can issue child PayNotes, embed them in contracts, and trade them programmatically. Value becomes liquid.
Example Use Cases
Restaurant Dining Credits
Sell flexible vouchers, enable platforms to resell in child PayNotes, and embed dining credits in corporate rewards.
Airline Loyalty Miles
Guarantee transferable miles with eligibility rules (“active 90 days”) to eliminate grey-market trading.
University Deposits
Automate “$2,000 refundable if withdrawn by August 1” so students see guaranteed refunds without bureaucracy.
Hotel VIP Perks
Issue transferable room upgrades or late checkout perks that members can gift or trade under controlled rules.
Event Weather Guarantees
“Full refund if rainfall > 1 inch” backed by an oracle. Customers book outdoor events with confidence.
Subscription Credits
Offer shareable subscription months that users can split, transfer, or embed in referral workflows.
Value Proposition
For Guarantors
Keep 100% of Value
- Eliminate 5–10% intermediary fees on gift cards or vouchers.
- Breakage revenue stays with you.
- Bulk sales with programmable discounts unlock new cash flow.
Control & Flexibility
- Define rules for splitting, transferring, or expiring value.
- Automate bonuses, minimum spends, blackout dates, and capacity limits.
- Protect brand while enabling platforms and partners to innovate.
Programmable Experiences
- Incentivize early redemption, off-peak visits, or multi-visit journeys.
- Use PayNotes as building blocks inside contracts, promotions, or loyalty flows.
- Gather full customer data and redemption insights.
For Platforms
Build Marketplaces
- Buy bulk value at negotiated discounts and resell in child PayNotes.
- Earn margin on every split, transfer, or redemption.
- Automate inventory, pricing, and customer fulfillment via APIs.
Programmable Commerce
- Embed vouchers into checkout flows, subscription offers, or referral programs.
- Bundle multiple merchants into curated experiences.
- Create secondary markets for flexible value without trust issues.
For Customers & Recipients
Flexible Value
- Redeem partially, split across visits, or transfer remaining value to friends.
- Track every commitment and remaining balance in real time.
- Leverage bonuses or promotions encoded directly in the PayNote.
Cryptographic Trust
- Trust the PayNote guarantee even if the business is new to you.
- Read transparent terms—no hidden fine print or policy changes.
- Receive proof of value when PayNotes are gifted or purchased.
FAQ for Guarantors
Do we need special licenses?
Typically no—you are selling access to your own services, similar to existing gift vouchers. Always consult counsel for your jurisdiction and industry.
Why offer bulk vouchers at a discount?
Bulk sales provide immediate cash flow, new customers, and predictable demand. You control the discount and conditions programmatically.
What stops partners from abusing child PayNotes?
Your terms do. Set minimum split sizes, redemption limits, expiry, and transfer rules. The PayNote protocol enforces them automatically.
Can we change terms after issuance?
No—immutability creates trust. Design carefully before issuing. You can always issue new PayNotes with updated terms.
How do disputes work?
All parties share the same document and evidence trail. Review conditions, redemption history, and signatures—no hidden policies or fine print.
What are the costs?
Hosted deployments typically cost $25–$200/month plus a small per-transaction fee, far below gift card processors. Self-hosted costs scale with volume.
How quickly can we launch?
Simple vouchers launch in 1–2 weeks. POS/API integrations take 2–4 weeks. Mature partner ecosystems (bulk resale, corporate embedding) evolve over 4–8 weeks.