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What are the application scenarios for Web3 payments?
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Web3 payment is a new payment method based on blockchain technology and digital currency. Web3 payment is not only a new payment method, but also provides a more open, efficient and innovative financial payment solution through the combination of blockchain technology and digital currency.
Stripe, one of the three largest payment giants in the United States, acquired Bridge.xyz, a stablecoin infrastructure company that was only established two years ago, for US$1.1 billion in October 2024, creating the largest acquisition deal in the crypto industry. Bridge is a stablecoin API infrastructure that provides software tools that help companies accept stablecoin payments.
As an industry-leading B2B cryptocurrency payment solution, Gate Pay provides a one-stop cryptocurrency acquisition, issuance, and fiat currency deposit and withdrawal service. It also provides white label payment gateways and other customized solutions.
Offline payment abroad is done by scanning a QR code on a debit/credit card or digital wallet app payment platform. Web3 payment is more embedded in digital wallets, and payment is made to merchants in a similar way to QR code payment. Let's first look at the role of Web3 payment from the perspective of online cross-border travel website booking, and then from the perspective of offline consumption.
Travala.com is a leading cryptocurrency-native travel booking service provider with 2.2 million+ listings in 230 countries, 400,000+ activities, and 600+ airlines. Travala.com offers a seamless travel booking experience that combines next-generation blockchain technology, tokenized incentives, and a best price guarantee for accommodation and activities.
BCRemit
MoneyGram International
Morph Pay
Travala
Gate Pay
