- Solana and Worldline collaborate to bring global payment solutions to Web 3.0.
- The integration will automatically route payments with low fees and high conversion.
- Despite the announcement, SOL failed to hold above $20.
Solana The native cryptocurrency SOL recently experienced a short bounce above $20 amid the central banking crisis in the United States. Now, the blockchain network is expanding its horizons in a new initiative with Worldline.
Worldline, a global leader in payment services, have cooperated With Solana (SOL) to bring global payment solutions to Web 3.0.
The strategic initiative supported by the Solana Foundation will provide direct access to Worldline’s payment arranging platform for all projects being built at Solana.
The integration will allow service providers to automatically route payments while offering the lowest fees and highest conversion. Moreover, it will make it easier for blockchain companies to access more than 300 payment systems via Worldline Payment Orchestration, eliminating the need for multiple payment integrations.
Although respecting the partnership, the SOL price Still in the doldrums.
Integrated fiat and crypto payments
In 2022, Worldline generates approximately €4.4 billion in revenue, and is a technology partner for merchants, banks and buyers in 40 countries.
Worldline Payment Orchestration manages payments regardless of the number of providers connected. It represents the only payment coordination tool a customer needs to scale their payment strategy, according to Official announcement.
The platform provides a single interface to combine combined cash and crypto solutions. The interface provides real-time analytics to monitor acceptance and conversion rates, and enable smart payment routing based on real-time data.
The payment platform of the Worldline Payment Orchestration has been put into operation Solana It will be more clear, convenient and accessible for blockchain companies. The collaboration will also allow end users to pay with their preferred payment method.
In light of the announcement, SOL price does not even whisper positive market sentiment on the charts.
At the time of this writing, SOL is traded At $19.29, down 8.66% over the past 24 hours from its rebound to $21.46.
on the flip side
- Worldline has launched a white label mall in Decentraland to help businesses enter Metaversewith 9 stores already joining.
- Solana is still in Rank 11 By market cap, though, SOL price failed to hold above $20.
- Worldline has signed a strategic partnership with Paytech Printec Group integrator to Expansion of payment services in 16 countries in Central and Eastern Europe.
Why should you bother
The initiative between Worldline and Solana is an important step towards providing a more comprehensive payment system for blockchain companies.
Read more about Solana’s recent price action:
Solana (SOL) Recovers $20 Amidst Cryptocurrency Patches
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