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Zug, Switzerland, 2nd June, 2022, Chainwire
Swiss Web3 payment startup DePay announced today their official integration into omnichannel commerce platform Shopify, allowing for the very first integration of a wallet-to-wallet (P2P) payment solution for eligible Shopify merchants. DePay's multichain Web3 payments will unlock the ability for merchants to receive any preferred tokens with blockchain-based asset conversion of incoming payments in real-time.
The mechanism of blockchain transactions is inherently peer-to-peer and decentralized. Nevertheless, most of today's established Crypto Payment solutions manage wallets for their customers, embedding a decentralized technology into centralized structures. As a result, the buyers pay middlemen who credit the merchant’s account.
Aiming for a paradigm shift, DePay establishes a new model by using decentralized finance (DeFi) to enable any-to-anything...
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