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Making Payments with Vares

Learn how to securely and efficiently pay for EV charging using cryptocurrency through Vares.

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Payment Overview

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Supported Payment Methods

• Bitcoin (BTC) - Secure and decentralized
• Ethereum (ETH) - Fast and flexible
• Stablecoins - USDC, USDT, DAI for predictable pricing
• Solana (SOL) - Lightning-fast transactions
• VARES Token - Native token with exclusive benefits

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Transaction Fees

All fees are transparent and displayed before confirmation:

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Step-by-Step Payment Process

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Before You Start

Ensure you have:

• ✓ Vares app installed and updated
• ✓ Wallet connected to Vares
• ✓ Sufficient cryptocurrency balance
• ✓ Located a Tesla Supercharger station
• ✓ Vehicle plugged in and ready

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Making a Payment

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Choosing Your Payment Method

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Bitcoin (BTC)

Best For: Long-term value storage, large payments Advantages:

• Most secure and decentralized
• Widely recognized
• No price volatility concerns
• Good for large amounts

Disadvantages:

• Slower transaction times (5-30 minutes)
• Higher network fees during peak times
• Less suitable for small, frequent charges

Use Case: Occasional long-distance trips

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Ethereum (ETH)

Best For: Balanced speed and security Advantages:

• Faster than Bitcoin (2-10 minutes)
• Reasonable fees
• Good liquidity
• Flexible smart contracts

Disadvantages:

• More complex than stablecoins
• Price volatility
• Network congestion possible

Use Case: Regular charging with flexibility

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Stablecoins (USDC, USDT, DAI)

Best For: Predictable pricing, frequent charging Advantages:

• 1 coin = 1 USD (no volatility)
• Fast transactions (1-5 minutes)
• Low fees
• Easy to calculate costs

Disadvantages:

• Requires stablecoin holdings
• Less exciting than other cryptos

Use Case: Daily commuting and predictable budgeting

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Solana (SOL)

Best For: Speed and cost-efficiency Advantages:

• Fastest transactions (30 seconds - 2 minutes)
• Lowest fees
• Eco-friendly
• Growing ecosystem

Disadvantages:

• Price volatility
• Smaller market cap
• Less mainstream adoption

Use Case: Quick top-ups and frequent charging

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VARES Token

Best For: Maximum rewards and benefits Advantages:

• 10% discount on all charges
• 3x rewards at Tesla Superchargers
• Exclusive perks and priority access
• Lowest fees (0.5-1%)

Disadvantages:

• Requires holding VARES tokens
• Price subject to market conditions

Use Case: Regular users wanting maximum benefits

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Understanding the Payment Screen

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Amount Selection

• kWh Option: Specify exact kilowatt-hours needed
• USD Option: Set a dollar amount for charging
• Percentage Option: Charge to a specific battery percentage

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Fee Breakdown

The payment screen shows:

• Cryptocurrency Amount - How much crypto you’re sending
• Network Fee - Blockchain transaction fee
• Vares Fee - Our platform fee (1% standard)
• Total Cost - Complete amount in both crypto and USD
• Exchange Rate - Current crypto-to-USD conversion

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Confirmation Details

Before approving, verify:

• ✓ Correct station location
• ✓ Accurate amount
• ✓ Correct cryptocurrency selected
• ✓ Reasonable total cost
• ✓ Your wallet address shown

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Transaction Status

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Pending

Your transaction is being processed:

• Wallet is awaiting your approval
• Network is confirming the transaction
• Charging will begin once confirmed

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Confirmed

Transaction is complete:

• Funds have been transferred
• Charging is active
• You can monitor progress in the app

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Completed

Charging session finished:

• Final amount charged
• Receipt generated
• Rewards credited to your account

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Troubleshooting Payments

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Payment Rejected

Insufficient balance

• Check your wallet balance in the app
• Ensure you have enough for the charge + fees
• Add more cryptocurrency to your wallet

Transaction timeout

• Network may be congested
• Try again in a few moments
• Consider using Solana for faster transactions

Wrong amount charged

• Check the receipt for actual amount
• Verify the exchange rate was correct
• Contact support if there’s a discrepancy

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Charging Won’t Start

Payment confirmed but charging not starting

• Wait 30 seconds for the system to sync
• Unplug and replug your vehicle
• Restart the Vares app
• Contact support if issue persists

Vehicle compatibility issue

• Ensure your vehicle is Tesla-compatible
• Check that the charging cable is properly connected
• Verify the station is operational

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Receipts & Records

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Viewing Your Receipt

1. Open Vares app
2. Tap “Account” tab
3. Tap “Transaction History”
4. Select the transaction
5. Tap “View Receipt”

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Receipt Information

Each receipt includes:

• Transaction ID
• Date and time
• Station location
• Amount charged (kWh)
• Cryptocurrency used
• Amount paid
• Network fee
• Vares fee
• Rewards earned
• Vehicle information

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Exporting Records

• Email Receipt - Send to your email address
• Download PDF - Save receipt to your device
• Share - Share receipt with others
• Print - Print from your device

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Rewards & Loyalty

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Earning Rewards

Every payment earns you rewards:

• Base Rate: 0.5% of transaction amount
• Tesla Bonus: +5% at Tesla Superchargers
• VARES Multiplier: 3x at Tesla with VARES token
• Referral Bonus: 5% of referred user’s earnings

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Redeeming Rewards

Use your rewards for:

• Future Charges - Apply to your next session
• VARES Conversion - Convert to VARES tokens
• Merchandise - Exclusive Vares gear
• Donations - Support environmental causes

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Payment Tips

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Security During Payments

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Protect Your Transactions

• ✓ Always verify the amount before approving
• ✓ Use secure WiFi or mobile data
• ✓ Keep your wallet app updated
• ✓ Never share your private keys
• ✗ Don’t approve suspicious transactions
• ✗ Don’t use public WiFi without VPN

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Dispute Resolution

If you have a payment issue:

1. Contact [email protected] within 24 hours
2. Provide transaction ID and receipt
3. Describe the issue in detail
4. Our team will investigate and resolve

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Ready to make your first payment? Get Started Questions? Follow us on X/Twitter or contact support.