Lit Actions and PKPs can be utilized to develop a broad range of open-source developer tooling for recurring payments. The scope may include subscriptions, allowance and budgeting, and more.
Recurring payments are commonplace in “web2” — whether it be a monthly utility, credit card bill, or entertainment subscription.
In web3, this functionality is not so easy to implement. Frictions around wallets and signing make the notion of recurring payments challenging. We want to remove these frictions and make it easy for developers to build apps that harness these capabilities.
It will enable developers to easily implement recurring payment logic within their own applications.
Get started with Lit Actions and PKPs.