Dapio Blog

Payments in the metaverse - facilitating the future of commerce

When one of the largest social media companies in the world pivots to embrace metaverse technologies, what once seemed a distant future suddenly starts to recede. Meta might be leading the race, but many companies worldwide are gearing themselves up for what will likely become the next frontier for online connectivity.

If you’re still not quite sure what the Metaverse is, or what it has in store for everyday people, don’t worry - not many people do. But whatever it looks like, we think it’s highly important that its users receive the same rights, benefits, and safeguards offered in the real world. As a future-focused payments provider, we’re particularly keen to ensure that customers won’t need to compromise on such expectations when making meta transactions.

In this article, we’ll explore some key challenges and concerns that need to be addressed, so that customers can shop confidently in the Metaverse.


Innovation in the payments industry has made great strides since the pandemic. With shoppers forced to transact online, a new wave of fintechs have emerged to help foster seamless ways of paying for goods and services.

We’ve learnt that consumers can be flexible when it comes to adopting new payments technologies. But are they ready to embrace a whole new payment paradigm? Like trundling your virtual shopping trolley through a virtual supermarket aisle, then checking out with a single tap, as envisioned in a recent video released by Walmart?

One source of friction could be the emergence of cryptocurrencies - which are becoming the key payment method for Metaverse transactions. Despite making huge strides in recent years, crypto payments still suffer from slow transaction speeds and lack of scalability. This means that they’re still unsuitable for day-to-day use compared to normal fiat currencies. Will crypto payments become as seamless as they need to be for Metaverse customers, or could this prove a potential stumbling block?

Fraud prevention

Sophisticated technologies require sophisticated safeguards to protect them. While many platforms rely on two-step authentication and backup codes to protect online users, this likely won’t be enough for those entering the Metaverse.

We think advanced authentication measures like facial and behavioural biometrics will play a significant role in this new model. Unfortunately, this will also give rise to new types of payments fraud, which will become more lifelike and dangerous than at present. You might see the increased prevalence of facial distortion and altered physical identities to gain illegal access to users’ accounts. Metaverse payment providers therefore need to employ innovative technologies to stamp down on illicit activity, such as fraud and money laundering.

The power of choice

It seems like customers these days have a wide variety of payment methods at their disposal when checking out. And from a business standpoint, providing them is becoming easier than ever. Dapio’s Tap to Pay technology is one example where any inefficiencies in the system have been comprehensively ironed out. So will the same ease and convenience be present in the Metaverse?

We think we have the answer. And its name? Meta Dapio.

Ever at the forefront of emerging payment technologies, we’re committed to delivering high-quality customer experiences in the Metaverse. Our talented team is already planning and developing comprehensive payment solutions to help keep consumers safe and satisfied. Its mission statement is to create a ‘payment gateway that not only removes transaction fees but enhances the metaverse values of equality, accessibility, and transparency.’

Right now, we believe that payments in the metaverse are too complicated and expensive for both merchants and customers. Buying goods and services in the metaverse takes more than just a credit card. Doing all of this quickly is not an easy task, but Meta Dapio solves this problem and makes payments as simple and convenient as possible

To find out more about Meta Dapio, and the services it provides, please visit our website here: https://metadapio.com/