The platform enables instant conversion between PYUSD, USDP, USDC, and fiat like USD.
It supports refunds by converting and sending them to the original wallet on Solana, Ethereum, and Polygon.
Paxos, a blockchain and tokenization infrastructure
provider, has launched a new stablecoin payments platform. This platform powers
Stripe’s Pay with Crypto product, enabling merchants to accept stablecoin
payments more easily.
Paxos' infrastructure provides a full solution for
onboarding, payins, conversions, and payouts, aimed at accelerating the
processes for payments providers.
Stablecoin Payments Lower Costs
Stablecoin payments offer businesses a global payment method
that reduces costs and simplifies money transfers. They provide an alternative
to traditional card and wallet payments, often with lower fees and faster
processing times. As cross-border digital payments grow, stablecoins are
becoming a key player in the payment landscape.
“Stablecoins are the future of payments and money movement, commented
Ronak Daya, Head of Product at Paxos.
“Adoption and utility will continue to grow as enterprises
recognize how stablecoins provide instant, safe and low-cost settlement
globally; all meaningful improvements relative to legacy payment rails. Our new
stablecoin payments offering gives enterprises the infrastructure to onboard
clients, power pay-ins and payouts and move money globally.”
Facilitating Merchant Transactions
The Paxos platform allows instant conversion between USD and
stablecoins like PYUSD, USDP, and USDC. Merchants can choose to convert
stablecoin payments to fiat currency or keep them as stablecoin balances.
Paxos also supports refunds by converting fiat into the
original stablecoin and sending it directly to the payer’s wallet. This system
supports PYUSD and USDP transfers via the Solana and Ethereum networks, and
USDC on Ethereum, Solana, and Polygon.
John Egan, Head of Crypto at Stripe, added: “We’re always
looking for ways to make it easier and cheaper for businesses to accept
payments from their customers worldwide. Partnering with Paxos, we’re excited
to enable stablecoin payments for our users with our Pay with Crypto product.”
Paxos, a blockchain and tokenization infrastructure
provider, has launched a new stablecoin payments platform. This platform powers
Stripe’s Pay with Crypto product, enabling merchants to accept stablecoin
payments more easily.
Paxos' infrastructure provides a full solution for
onboarding, payins, conversions, and payouts, aimed at accelerating the
processes for payments providers.
Stablecoin Payments Lower Costs
Stablecoin payments offer businesses a global payment method
that reduces costs and simplifies money transfers. They provide an alternative
to traditional card and wallet payments, often with lower fees and faster
processing times. As cross-border digital payments grow, stablecoins are
becoming a key player in the payment landscape.
“Stablecoins are the future of payments and money movement, commented
Ronak Daya, Head of Product at Paxos.
“Adoption and utility will continue to grow as enterprises
recognize how stablecoins provide instant, safe and low-cost settlement
globally; all meaningful improvements relative to legacy payment rails. Our new
stablecoin payments offering gives enterprises the infrastructure to onboard
clients, power pay-ins and payouts and move money globally.”
Facilitating Merchant Transactions
The Paxos platform allows instant conversion between USD and
stablecoins like PYUSD, USDP, and USDC. Merchants can choose to convert
stablecoin payments to fiat currency or keep them as stablecoin balances.
Paxos also supports refunds by converting fiat into the
original stablecoin and sending it directly to the payer’s wallet. This system
supports PYUSD and USDP transfers via the Solana and Ethereum networks, and
USDC on Ethereum, Solana, and Polygon.
John Egan, Head of Crypto at Stripe, added: “We’re always
looking for ways to make it easier and cheaper for businesses to accept
payments from their customers worldwide. Partnering with Paxos, we’re excited
to enable stablecoin payments for our users with our Pay with Crypto product.”
Crypto Firms Pay $32 Billion in Settlements as Enforcement Actions Intensify
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
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Don't miss out on our latest videos, interviews, and event coverage.
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Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
🎬 Watch, share, and join the conversation!
Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing.
Stay tuned for more events. See you next time!
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
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