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Gate.io Releases Gate Pay, A Web3 Cryptocurrency Payment Solution

8 November 2022
in Latest News, News
Reading Time: 3 mins read
106 2
Home News Latest News

Gate.io, one of the world’s top ten crypto exchanges, has officially launched Gate Pay, a leading crypto-based payment product. 

The cryptocurrency-based payment product was introduced with the understanding that consumers are looking for ways to receive and pay with cryptocurrency in both everyday and corporate settings.

Here comes our crypto-based payment product – Gate Pay!

We decided to launch Gate Pay to bring the Web 3.0 lifestyle to the public by serving individual users and business partners with its crypto-based payment solution.

Take a closer look at https://t.co/kLruOkVpBc pic.twitter.com/HJbHJ2fnt7

— Gate.io (@gate_io) November 7, 2022

Gate Pay is a secure and free cryptocurrency payment system created by Gate.io to address the Web3 needs of businesses and individual users to send and receive cryptocurrencies anytime, anywhere.  

Gate Pay provides users with a more user-friendly method of transferring bitcoin payments for goods and services, while businesses benefit from tools that make doing business easier. 

According to Dr. Lin Han, CEO and Founder of Gate.io, “Cryptocurrency as a payment method is the key to unlocking the widespread usage of cryptocurrency. Gate.io has always remained steadfast in promoting large-scale usage and the application of crypto assets worldwide.” 

Gate Pay is our next major commitment to increasing cryptocurrency adoption. It will bridge the gap between Web3 and everyday life, lowering the barriers to full cryptocurrency adoption for users and merchants.

Whether they are already crypto-friendly or just starting out, business partners implementing Gate Pay will receive full assistance from Gate.io. Additionally, partners will have expanded access to additional elements of the Gate.io ecosystem.  

Gate.io strives to constantly develop new product concepts in order to improve the functionality of Gate Pay. According to Feng Zhou, Director of Gate Pay and Gate MiniApp, Gate.io intends to add C2C transactions, giveaways, and other enhancements to encourage cryptocurrency adoption. They will stick to their promise to develop alongside Web 3 startups and empower them with an expanding product lineup. 

Gate Pay currently accepts payments in more than 20 cryptocurrencies and is expected to handle payments in 130 cryptocurrencies in the future. 

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.

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