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Commerce Payments Protocol

A permissionless protocol for onchain payments that mimics traditional "authorize and capture" payment flows.

Quick Start

The Commerce Payments Protocol facilitates secure escrow-based payments with flexible authorization and capture patterns. Operators drive payment flows using modular token collectors while the protocol ensures payer and merchant protections.

📖 Read the Full Documentation

Key Features

  • Two-Phase Payments: Separate authorization and capture for guaranteed merchant payments and management of real-world complexity
  • Flexible Fee Structure: Configurable fee rates and recipients within predefined ranges
  • Modular Token Collection: Support for multiple authorization methods (ERC-3009, Permit2, allowances, spend permissions)
  • Built-in Protections: Time-based expiries, amount limits, and reclaim mechanisms
  • Operator Model: Permissionless operators manage payment flows while remaining trust-minimized

Deployment Addresses

Base Mainnet & Base Sepolia

Contract Address
AuthCaptureEscrow 0xBdEA0D1bcC5966192B070Fdf62aB4EF5b4420cff
ERC3009PaymentCollector 0x0E3dF9510de65469C4518D7843919c0b8C7A7757
Permit2PaymentCollector 0x992476B9Ee81d52a5BdA0622C333938D0Af0aB26
PreApprovalPaymentCollector 0x1b77ABd71FCD21fbe2398AE821Aa27D1E6B94bC6
SpendPermissionPaymentCollector 0x8d9F34934dc9619e5DC3Df27D0A40b4A744E7eAa
OperatorRefundCollector 0x934907bffd0901b6A21e398B9C53A4A38F02fa5d

Documentation

  • Protocol Overview - Architecture, components, and payment lifecycle
  • Security Analysis - Security features, risk assessment, and mitigation strategies
  • Token Collectors Guide - Modular payment authorization methods
  • Fee System - Comprehensive fee mechanics and examples
  • Core Operations:
    • Authorize - Reserve funds for future capture
    • Capture - Transfer authorized funds to merchants
    • Charge - Immediate authorization and capture
    • Void - Cancel authorizations (operator)
    • Reclaim - Recover expired authorizations (payer)
    • Refund - Return captured funds to payers

Development

# Install dependencies
forge install

# Run tests
forge test

# Deploy (example)
forge script script/Deploy.s.sol --rpc-url $RPC_URL --broadcast

License

MIT License - see LICENSE file for details.

Security Audits

Audited by Spearbit and Coinbase Protocol Security.

Audit Date Report
Coinbase Protocol Security audit 1 03/19/2025 Report
Coinbase Protocol Security audit 2 03/26/2025 Report
Spearbit audit 1 04/01/2025 Report
Coinbase Protocol Security audit 3 04/15/2025 Report
Spearbit audit 2 04/22/2025 Report

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