Cardano Price Serges Amid The Launch Of Payment Solution For Merchants
The Cardano Foundation, the nonprofit organization behind the Cardano cryptocurrency (ADA), has announced the launch of its AdaPay merchant payment solution.
AdaPay solution developed by the Cardano Foundation and COTI is now live! Merchants can now accept ada payments with a near-instant settlement into 35 fiat currencies. Read more: https://t.co/P71iyJ3BiRhttps://t.co/2jaQVTfsQq
— Cardano Foundation (@CardanoStiftung) November 28, 2019
The Cardano Foundation developed the payment gateway in partnership with the COTI fintech company based on the COTIpay platform.
The app allows merchants to accept payments in ADA with "almost instantaneous" crediting of funds in 35 fiat currencies to bank accounts. It is integrated into the website either through the AdaPay key or through a system with a QR code.
The price of the ADA token over the last day increased by 6% against the background of the announcement of the launch of a payment solution. Currently, the coin costs $ 0.0412, and the total capitalization has exceeded $ 1 billion.
Recall that earlier users of the Cardano network got the opportunity to earn on ADA staking.