Ingenico and WalletConnect Pay Enable Stablecoin Payments at Retail

Ingenico and WalletConnect Pay Enable Stablecoin Payments at Retail

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by Filippo Romano

8 months ago

Made with AI


Ingenico is making strides in the cryptocurrency space by partnering with WalletConnect Pay, enabling stablecoin payments at retail locations. This innovative integration allows customers to utilize stablecoins directly from their mobile wallets, marking a significant shift in payment methods at point-of-sale systems. Based on the data provided in the document, this move is expected to enhance the overall shopping experience for consumers.

New Collaboration for Stablecoin Payments

The collaboration allows customers to pay using popular stablecoins such as

  • USDC
  • EURC
  • USDT
, effectively bypassing traditional card networks. Ingenico's existing point-of-sale terminals, which are operational in 120 countries, will support this feature without the need for any additional hardware upgrades, making it accessible for merchants worldwide.

Enhanced Flexibility for Merchants

Merchants now have the option to settle payments in stablecoins or convert them to fiat currency, providing enhanced flexibility in their payment processes. This development comes in response to the increasing demand for stablecoin transactions in retail environments, positioning Ingenico as a frontrunner in the integration of cryptocurrency into everyday financial activities.

In a notable development, ClearBank has partnered with Taurus to launch regulated digital asset services, enhancing the UK's financial landscape. This initiative contrasts with Ingenico's recent move to enable stablecoin payments at retail locations. For more details, see read more.

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