ADA Cardano launches its retail payment gateway, it will be called AdaPay

By Roberto D. | CryptoFarm | 2 weeks ago

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This is an important step for the growth of the project, the announcement dates back to a couple of days ago and is official, it comes directly from the Cardano Foundation; it will be called AdaPay and the new payment gateway aimed at merchants has been developed in collaboration with Coti (fintech B2B platform), which will allow receiving payments in ADA by converting the collection into one of the 35 fiat currencies made available by the platform in a virtually instantaneous manner . The news circulated as early as last October, so the market had already discounted it, but the official arrived only last Wednesday. The payment system can easily be integrated on the merchant websites through a special payment button, but it can also be managed directly in the physical sales points through the use of QR codes. This type of payment tools is spreading very rapidly and it is good news in the process of mass access to cryptocurrencies; already many companies allow merchants to manage crypto payments by directly converting the amount collected into FIAT currency, so companies can manage digital payments with reduced commissions without worrying about the volatility or fiscal management of any capital gains; transaction speed and transparency also contribute to making these payment methods extremely advantageous for both customers and merchants.

 


Roberto D.
Roberto D.

Born in Italy, I live in Italy, passionate about cryptocurrencies since I discovered ethereum in 2015


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