Sheepy

What is Sheepy

Sheepy is a cryptocurrency payment gateway designed for businesses to accept, manage, and distribute digital currency payments. Its main purpose is to provide a simple and secure way for companies in various sectors, such as e-commerce, iGaming, and software development, to integrate crypto transactions into their existing payment flows. The platform offers a robust API and ready-made plugins that allow merchants to accept a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and stablecoins like USDT and USDC. Sheepy also handles the complexities of real-time currency conversion, mass payouts, and transaction tracking. The company, Sheepy LLC, is based in Tbilisi, Georgia, and focuses on providing a global solution for businesses looking to enter the crypto era.

Sheepy Features

Sheepy provides a comprehensive set of features to facilitate crypto payments for businesses:

• Multi-Currency Support: Accept payments in major cryptocurrencies like BTC, ETH, LTC, BCH, TRX, XRP, and stablecoins such as USDT (ERC-20, TRC-20) and USDC.
• Powerful API: A modern RESTful API allows developers to create invoices, manage wallet addresses, process refunds, and track transactions in real time for custom integrations.
• Mass Payouts: Easily manage crypto payroll or affiliate payments by sending funds to multiple recipients at once through an API call or by uploading a CSV file.
• Static Addresses: Assign unique, reusable wallet addresses to individual clients to simplify deposit tracking and improve the user experience.
• Auto Conversion: Automatically convert incoming cryptocurrency payments into fiat or stablecoins to protect your business from price volatility.
• Auto Withdrawal: Set up automated withdrawals to a connected bank account or external crypto wallet, with options for settlements in fiat, crypto, or a mix of both.
• Ready-Made Integrations: Use pre-built plugins for popular e-commerce platforms like WooCommerce and PrestaShop for quick and easy setup.
• Customizable Checkout: Add specific product details, fees, and taxes to invoices to create a detailed and professional checkout experience for customers.
• Advanced Security: The platform includes built-in fraud prevention, blockchain analysis (KYT) tools, and a secure sandbox environment for testing integrations without risk.

Sheepy Pricing Plans

Sheepy's pricing is primarily transaction-based, designed to scale with your business needs. While specific pricing details are customized, the structure typically includes:

• Standard Plan: Aimed at small to medium-sized businesses, this plan offers access to all core features, including the payment gateway, multi-currency support, and dashboard analytics. Fees are charged as a small percentage of each transaction.
• Custom/Enterprise Plan: Designed for high-volume businesses or those with unique requirements. This plan offers custom transaction rates, dedicated account management, and premium support. It is ideal for large e-commerce platforms, iGaming operators, and forex brokers who need tailored solutions.

There are no setup fees or monthly charges to begin using the platform; businesses only pay for the transactions they process.

Sheepy Free Plan

Sheepy does not offer a free plan for processing live transactions. However, it provides a free test environment (sandbox mode) that is available immediately upon account creation. This allows developers and businesses to fully explore the platform's features, test the API, and simulate transactions without any financial commitment or risk to live data. You can integrate the gateway and ensure everything works correctly before going live. Creating an account and accessing the integration tools is free of charge.

How to use Sheepy

Getting started with Sheepy is a straightforward process for any business:

1. Create a Business Account: Sign up on the Sheepy website. The process is quick and gives you immediate access to the dashboard and test environment.
2. Choose Your Integration Method: Decide how you want to connect Sheepy to your platform. You can use the powerful RESTful API for a custom solution, or install a ready-made plugin for platforms like WooCommerce if you run an e-commerce store.
3. Configure Your Settings: In the Sheepy dashboard, set up your payment preferences. This includes selecting which cryptocurrencies you want to accept, and configuring rules for auto-conversion and auto-withdrawal to manage your funds.
4. Go Live: Once you have tested your integration in the sandbox environment, switch from test mode to live mode using your production API keys.
5. Accept and Manage Payments: Your customers can now pay with cryptocurrency. You can monitor all incoming transactions, track client deposits, and manage your balances directly from the Sheepy dashboard.

Pros and Cons of Sheepy

Pros

• Wide Cryptocurrency Support: Accepts all major cryptocurrencies and popular stablecoins, giving customers more payment flexibility.
• Developer-Friendly: The modern and well-documented RESTful API makes custom integrations simple for developers.
• Mass Payout Feature: A highly useful tool for businesses that need to pay affiliates, contractors, or employees in crypto.
• Volatility Protection: The auto-conversion feature helps businesses mitigate the risks associated with cryptocurrency price fluctuations.
• No Setup Fees: Businesses can integrate and test the platform for free, only paying a fee once they start processing live transactions.

Cons

• Newer Market Player: As a less established name compared to some competitors, it may lack the same level of brand recognition.
• Crypto-Only Focus: The platform is specialized in cryptocurrency and does not process traditional fiat payments like credit cards directly, requiring businesses to use another service for that.
• Limited Plugin Library: While it offers plugins for major platforms like WooCommerce, the selection of ready-made integrations may be smaller than some larger competitors.

Sheepy integrations

Sheepy provides several integration options to connect with your business systems:

• WooCommerce: A dedicated plugin allows businesses using this popular WordPress e-commerce platform to accept crypto payments directly on their checkout page.
• PrestaShop: Merchants using PrestaShop can install a plugin to easily integrate Sheepy's crypto payment gateway into their online store.
• RESTful API: For all other platforms and custom applications, Sheepy offers a flexible and powerful RESTful API. This allows developers to build a completely tailored integration to manage invoices, payouts, and more.

Sheepy Alternatives

• BitPay: One of the oldest and most recognized crypto payment processors. BitPay is known for its reliability and offers direct bank deposits, making it a strong choice for businesses wanting to avoid holding crypto.
• Coinbase Commerce: Backed by a major cryptocurrency exchange, Coinbase Commerce is very user-friendly and easy to set up. It is a great option for merchants already familiar with the Coinbase ecosystem.
• CoinPayments: This platform stands out for supporting a very large number of altcoins, making it ideal for businesses that want to offer maximum payment choice to a global, crypto-savvy audience.
• NOWPayments: Offers a wide range of integration tools, including plugins, widgets, and a versatile API. It is known for its competitive fees and extensive list of supported cryptocurrencies.

Sheepy API

Yes, Sheepy provides a powerful and modern RESTful API for developers. The API is a core part of their service, allowing for deep integration with any website, application, or platform. Developers can access the comprehensive API documentation after creating a free business account. API keys for both the test (sandbox) and live environments are available within the user dashboard.

Here is a conceptual example of how you might use the API to create a new invoice using cURL:

curl -X POST https://api.sheepy.com/v1/invoice \
-H "Authorization: Bearer YOUR_API_KEY" \
-H "Content-Type: application/json" \
-d '{
  "amount": "100.00",
  "currency": "USD",
  "order_id": "ORDER-12345",
  "redirect_url": "https://yourstore.com/success",
  "notification_email": "merchant@example.com"
}'

Sheepy Affiliate program

Sheepy offers a partnership program for businesses and individuals who want to collaborate. While the website mentions a "Become a partner" option, specific details about commission rates and payout structures for a formal affiliate program are not publicly listed. Typically, such programs allow partners to earn a percentage of the transaction fees generated by the merchants they refer. To learn more about joining their partner program, it is best to contact the Sheepy support team directly through their website. They can provide information on how to become a partner, influencer, or reseller for their services.