Bitget Wallet partners with Paydify to expand global crypto payment acceptance
The partnership supports stablecoin payments in physical and online stores, with the next goal being to connect over 10,000 retail outlets worldwide.
The partnership supports stablecoin payments in physical and online stores, with the next goal being to connect over 10,000 retail outlets worldwide.
Bitget Wallet , a leading non-custodial Web3 wallet, has announced a partnership with Paydify , a universal crypto payment gateway. The partnership enables stablecoin payments and makes Bitget Wallet the first Paydify integration partner. Thousands of transactions have already been successfully processed during the pilot launch.
With the integration, Bitget Wallet users can pay with USDT and USDC at a number of physical and online stores, while merchants receive instant payments in stablecoins — without the need to set up blockchain infrastructure. The payment service is planned to scale to 10,000+ merchants in areas such as retail, tourism, gaming, hospitality, and e-commerce.
The partnership is implemented as part of Bitget Wallet's strategy called PayFi , aimed at expanding cryptocurrency usage scenarios in everyday life.
“Our goal is to make cryptocurrency convenient for everyday use, and Paydify helps simplify this journey for merchants,” commented Alvin Kahn , COO of Bitget Wallet. “Bitget Wallet is one of the first major wallets to implement stablecoin payments at the point of sale. We plan to support over 10,000 merchants worldwide in the coming years.”
The Paydify platform was created to address the fragmentation issues in crypto payments, such as wallet and blockchain incompatibility, which often hinders adoption. With Paydify, businesses can accept crypto from any wallet without any customization. According to the latestOnchain Report , 31% of users worldwide consider the limited number of cryptocurrency acceptance points as the main obstacle to using them for everyday payments. Paydify aims to overcome this barrier through instant payments and ease of connectivity.
“The integration with Bitget Wallet gives us the opportunity to test the user experience in real-world conditions,” said Pakning Luk , Chief Strategy Officer at Paydify. “We believe that crypto should work as easily as any traditional payment method. Our goal is to create a reliable and convenient platform for payments in digital assets that meets the needs of both users and businesses.”
As part of the pilot phase, merchants who join through Bitget Wallet will receive a waiver of settlement fees and early access to new features.
You can submit an application via the link .
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