Finassets Launches USDC Payment Support on Solana
A fast and low-cost stablecoin payment option for businesses.
1Finassets Adds USDC Support on Solana
Finassets, a crypto payment infrastructure provider for businesses, announced USDC (SOL) payment support on the Solana network. This move offers merchants a low-cost and fast stablecoin payment option. Solana stands out as one of the leading networks for quick and affordable USDC transactions.
2Advantages of Solana for USDC Transactions
Solana offers faster and cheaper transactions compared to Ethereum. Currently, Solana handles approximately $6.7 billion in USDC volume, representing the second-largest share after Ethereum. Additionally, Solana's mainnet has been running without outages for over two years.
3Multi-Asset and Multi-Network Support
Finassets supports stablecoins like USDT and USDC across multiple networks. USDC (SOL) support was integrated into the existing infrastructure rather than added as a separate product. The auto-convert feature ensures payments are instantly converted to stablecoins, protecting merchants from price fluctuations.
4Easy Integration for Existing Merchants
Merchants already using Finassets can easily enable USDC (SOL) support through the Back Office. New integrations are offered via two methods: payment button and API integration. Both methods include sandbox access and step-by-step setup documentation.
5Low Fees and Transparent Transactions
Finassets keeps transaction fees between 0.40% and 0.20%, with fees decreasing as volume increases. The platform has no hidden fees, and every transaction is fully transparent. These features are particularly advantageous for businesses processing large-scale payments.
6Security and Compliance Standards
USDC (SOL) transactions adhere to the same security standards Finassets applies to all other assets. These standards include MPC-based wallet technology, two-factor authentication, and IP whitelisting. Additionally, all transactions are audited for compliance requirements.
7Availability in International Markets
USDC (SOL) support is available to eligible merchants in selected international markets. Finassets' program terms and verification processes determine the availability of this feature. Merchants can activate this feature by registering on the platform.
8Finassets' Future Role
Finassets stands out in the crypto payment infrastructure space with its innovative approach, particularly in the iGaming and eCommerce sectors. USDC (SOL) support reinforces the platform's goal of offering low-cost and fast payment solutions. This move is seen as a significant step for crypto-driven businesses.
Original article: CryptoPotato — Finassets, Solana Üzerinde USDC Ödeme Desteği Başlattı