CryptoProcessing by CoinsPaid integrates Polygon to process POL and USDC, enhancing the ability to process large volumes at low cost for businesses.
CryptoProcessing by CoinsPaid has announced the integration of the Polygon blockchain into its cryptocurrency payment infrastructure, expanding transaction processing capabilities for enterprise clients on one of the most popular EVM-compatible networks currently available. This move aims to provide more blockchain network options for businesses requiring large-scale payments with optimal speed and cost.
According to Aliaksei Tulia, Chief Technology Officer of CoinsPaid, the Polygon ecosystem meets key criteria for enterprise payment use cases. “Polygon offers fast confirmation speeds, low and predictable transaction costs, and a solidly established stablecoin liquidation for payment use cases,” he stated. This infrastructure is particularly well-suited to business models requiring high throughput such as high-volume payments, recurring subscription services, and cross-border transactions.
Enhance payment flexibility
Activating USDC on Polygon allows merchants access to a network capable of maintaining stable fees and fast settlements, addressing the cost and speed challenges often encountered in traditional payments. Furthermore, POL support provides businesses with additional options when settling with partners within the Polygon ecosystem, enhancing flexibility in their financial strategies.
The integration of Polygon is the next step in CoinsPaid's strategy to expand its EVM-compatible infrastructure. Recently, the company has added support for Layer 2 solutions like Arbitrum and Base, integrated Circle 's Euro Coin EURC stablecoin, and implemented a Pay with Wallet feature to simplify cryptocurrency payments.
These chain reflect a trend toward increased chain across blockchain payment systems, meeting the increasingly diverse needs of businesses as they apply digital asset technology to their real-world operations.
