Web Monetization

Web Monetization Guide

What is Web Monetization? Web Monetization is an open technology standard that allows content creators to earn money in real time as people engage with their work online. Instead of relying on ads, subscriptions, or platform-specific monetization tools, Web Monetization introduces an alternative and complementary simple and privacy-friendly way for creators to be rewarded directly by their audience. How Does Web Monetization Work? Web Monetization is powered by the Interledger Protocol (ILP), an open protocol that enables instant, secure payments across currencies and networks. Think of ILP as the “internet for money”, it allows small amounts of value (called “micropayments”) to move freely between wallets, just like how data flows across the internet. Here’s how the flow works in simple terms: 1. Supporters install a Web Monetization browser extension and link a wallet that supports Web monetization. 2. When they visit a Web Monetized website, the browser looks for a special HTML tag (<link rel="monetization" href="https://ilp.chimoney.com/username">) that contains the creator’s wallet address (think of it like an email address for payments). 3. If monetization is enabled, the extension shows a green Web Monetization icon, signaling that payments can start. 4. Supporters can choose how much they want to send, but if continuous payments are enabled, small payments are streamed in real time to the creator as the supporter stays on the page—typically at a default rate of $0.60 USD per hour (or $0.01 per minute) if no custom amount is set. 5. The creator receives these funds instantly in their wallet and can withdraw them to their local bank or cash out in supported currencies. Web Monetization using Chimoney Chimoney is a wallet provider that supports Web Monetization. If you want to receive Web Monetization payments, you need a wallet and a wallet address, and Chimoney offers both. Through the Chimoney App Wallet, you can get your own Web Monetization-compatible wallet address and start receiving or sending payments with ease. What You Need to Know 1. KYC Is Required Before using the Chimoney App Wallet, you'll need to complete KYC (Know Your Customer) verification. This is a standard security step where you provide basic details and an official ID. Once verified, your wallet will be fully activated and ready for Web Monetization. 2. Your Wallet Address After completing KYC, you'll receive a unique wallet address, like: https://ilp.chimoney.com/username - If you're a creator, you can add this link to your website or platform to start receiving micropayments. - If you're a supporter, you can use the creator's wallet address to send them payments—either one-time or continuously. 3. Global Payouts Chimoney allows creators to withdraw their earnings in over 100 countries using local payout methods such as: - Interac in Canada - SPEI in Mexico - Mobile Money in supported regions (e.g. MPESA in Kenya) - Bank Transfers across 100+ countries No matter where you are, Chimoney helps you access your Web Monetization earnings easily and securely.

Creator Guide

If you create content on the web whether it’s a blog, podcast, artwork, educational videos, or anything else you share online, this guide is for you. Web Monetization is a new way to earn money online. Instead of relying only on ads or subscriptions, you can receive micropayments from supporters in real time as they view your content. Chimoney supports this by giving you a wallet and wallet address that connects you to the Web Monetization ecosystem powered by Interledger. Let’s walk you through how to get started step by step. Step 1: Download the Chimoney App 1. Download the Chimoney App from the Play Store or App Store. 2. Sign up with your email address. Step 2: Complete KYC Verification To access your wallet and start receiving payments, you’ll need to complete KYC (Know Your Customer) verification. This is a standard security step required for financial services. Here’s what to expect: - Submit a government-issued ID. - Provide basic personal details (like your full name and country). - Wait for verification approval (usually within a day). Once you’re verified, you’ll be able to fully access your Chimoney wallet. Step 3: Get Your Wallet Address After KYC approval, you can navigate to Account and click on Interledger wallet address, you will receive a Web Monetization wallet address that looks like this: https://ilp.chimoney.com/username This unique link is connected to your Chimoney wallet and is what you’ll add to your site. Step 4: Add Web Monetization to Your Website To start receiving Web Monetization payments, you need to add your wallet address to your site’s tag using this simple HTML code: Once this is added, any visitor who has a Web Monetization extension can start sending you micropayments as they browse your content. Don’t code? If you use platforms like Carrd, Ghost, or other site builders, they usually allow you to paste custom code into the site header. Ask your web admin or dev friend if needed. Step 5: Withdraw Your Earnings Chimoney supports local cashouts in over 100 countries. To withdraw your funds: - Log in to the Chimoney App. - Go to your homepage dashboard. - Choose your preferred withdrawal method: - Direct Bank Cashout (available in Mexico, Canada, U.S., Nigeria) - Mobile Money Cashout (in supported regions) - Instant Transfer (SPEI IN Mexico, Interac e-transfer in Canada) - Send to Email or Phone Number for flexible cashout options in even more countries - Follow the on-screen instructions to complete your transfer. Tips to Make the Most of Web Monetization - Add your wallet address to all your platforms: Blog, portfolio, podcast website, YouTube description, or personal site. - Tell your audience: Let supporters know they can send you micropayments. Even a small note like “This site is Web Monetized. Thank you for your support!” helps. - Combine with other revenue streams: Web Monetization is a great complement to existing income from ads, subscriptions, or Patreon. Need help? If you run into any issues or have questions, reach out to Chimoney’s support team at [email protected]

Supporter Guide

If you love reading blogs, watching videos, listening to podcasts, or engaging with independent creators online — this guide is for you. With Chimoney Web Monetization, you can support the content you enjoy with small payments that stream in real-time, all while keeping your data private and staying in control of how much you give. Step 1: Download the Chimoney App 1. Download the Chimoney App from the Play Store or App Store. 2. Sign up with your email address. Step 2: Complete KYC Verification To access your wallet and start receiving payments, you’ll need to complete KYC (Know Your Customer) verification. This is a standard security step required for financial services. Here’s what to expect: - Submit a government-issued ID. - Provide basic personal details (like your full name and country). - Wait for verification approval (usually within a day). - Once you’re verified, you’ll be able to fully access your Chimoney wallet. Step 3: Get Your Payment Pointer After KYC approval, you can navigate to Account and click on Interledger wallet address, you will receive a wallet address that looks like this: https://ilp.chimoney.com/username You’ll need this address to connect to the extension. Step 4: Fund Your Wallet Before you can support creators, you’ll need to add funds: 1. On the homepage, tap ‘Wallet Funding’. 2. Enter the amount and currency you want to fund. 3. Follow the payment steps to complete the transaction. Your Chimoney balance will reflect the updated amount immediately after the funding is successful. Step 5: Install the Web Monetization Extension To send payments to creators as you visit their content, download the Web Monetization browser extension in your browser: - Chrome Web Store - Firefox Add-ons - Edge Add-ons Step 6: Configure the Extension and Connect Your Chimoney Wallet Once you’ve installed the Web Monetization extension, follow these steps to connect it to your Chimoney App wallet: - Paste Your Wallet Address Open the extension and paste the wallet address (payment pointer) you copied from your Chimoney App account. - Set Your Budget - Enter the amount you want the extension to have permission to spend. - Choose whether this budget should renew monthly. - You can always update this later in the extension’s settings. - Click “Connect” After entering your wallet address and budget amount, click the “Connect” button. - Sign In to Chimoney You’ll be redirected to a Chimoney login page. - Enter your Chimoney App email and password. - This step ensures that the extension is securely linked to your wallet. - Approve the Budget Authorization Once signed in, you’ll be asked to authorize the withdrawal of the budget amount from your Chimoney wallet. - Click “Approve” to allow the extension to use the funds for Web Monetization payments. - Confirmation After approval, you’ll see a message confirming: ✅ “Your wallet is now successfully connected to the extension.” You can now close the tab and start supporting creators! Step 7: Start Supporting Creators Now that your wallet is connected to the Web Monetization extension and funded, you're ready to support creators! There are two ways you can send payments: One time Payments If you want to show extra support or tip a creator directly, you can send a one-time payment from your extension budget. How To Send a One-Time Payment: 1. Make sure you’re on the creator’s website 2. Open the Web Monetization extension. 3. Enter the amount you want to send (make sure it’s within your available balance). 4. Click “Send Now”. The payment will be instantly deducted from your extension budget and sent to the creator's Chimoney wallet. Continuous (Automatic) Payments When you visit a website, blog, or page that’s Web Monetized (you’ll know this when your web monetization icon has a green circle when you navigate to the site), the extension will automatically begin streaming small payments to the creator in real time as long as the page is open and active in your browser. How It Works: - Default payment rate: $0.01 per minute (or equivalent in your local currency) - You don’t have to click anything, just browse and support. - Payments pause if: - You switch tabs - Minimize the browser - Close the tab - Your budget runs out To adjust the rate or disable continuous payments: - Click the Settings (⚙️) icon in the extension - Go to the Rate tab - Change the hourly rate or toggle off continuous payments Note: One-time payments can be made even if you have continuous payments disabled.