diff --git a/nyx-chain-watcher/src/models.rs b/nyx-chain-watcher/src/models.rs
index 7972b1bdeb..7c0ac47683 100644
--- a/nyx-chain-watcher/src/models.rs
+++ b/nyx-chain-watcher/src/models.rs
@@ -1,6 +1,7 @@
 use rocket::serde::{Deserialize, Serialize};
 use schemars::JsonSchema;
 use utoipa::ToSchema;
+use nym_validator_client::nyxd::CosmWasmCoin;
 
 #[derive(Serialize, Deserialize, Clone, JsonSchema, ToSchema)]
 pub struct WebhookPayload {
@@ -8,7 +9,8 @@ pub struct WebhookPayload {
     pub message_index: u64,
     pub sender_address: String,
     pub receiver_address: String,
-    pub amount: String,
+    pub funds: CosmWasmCoin,
     pub height: u128,
     pub memo: Option<String>,
 }
+
diff --git a/nyx-chain-watcher/src/payment_listener/mod.rs b/nyx-chain-watcher/src/payment_listener/mod.rs
index 4df72b5a42..30a7765589 100644
--- a/nyx-chain-watcher/src/payment_listener/mod.rs
+++ b/nyx-chain-watcher/src/payment_listener/mod.rs
@@ -2,7 +2,7 @@ use crate::config::payments_watcher::HttpAuthenticationOptions;
 use crate::config::PaymentWatcherConfig;
 use crate::db::queries;
 use crate::models::WebhookPayload;
-use nym_validator_client::nyxd::AccountId;
+use nym_validator_client::nyxd::{AccountId, Coin};
 use nyxd_scraper::storage::ScraperStorage;
 use reqwest::Client;
 use rocket::form::validate::Contains;
@@ -78,7 +78,8 @@ pub(crate) async fn run_payment_listener(
                                 }
 
                                 for transfer in transfer_events {
-                                    let amount: f64 = parse_unym_amount(&transfer.amount)?;
+                                    let funds = Coin::from_str(&transfer.amount)?;
+                                    let amount: f64 = funds.amount as f64 / 1e6f64; // convert to major value, there will be precision loss
 
                                     queries::payments::insert_payment(
                                         &watcher_pool,
@@ -96,7 +97,7 @@ pub(crate) async fn run_payment_listener(
                                         message_index: transfer.message_index,
                                         sender_address: transfer.sender.to_string(),
                                         receiver_address: transfer.recipient.to_string(),
-                                        amount: transfer.amount,
+                                        funds: funds.into(),
                                         height: tx.height as u128,
                                         memo: tx.memo.clone(),
                                     };
@@ -207,9 +208,3 @@ fn parse_transfer_from_raw_log(
 
     Ok(transfers)
 }
-
-fn parse_unym_amount(amount: &str) -> anyhow::Result<f64> {
-    let amount = amount.trim_end_matches("unym");
-    let parsed: f64 = amount.parse()?;
-    Ok(parsed / 1_000_000.0)
-}