WalletConnect Tackles Crypto Payment Fragmentation Problem

WalletConnect has released a comprehensive FAQ addressing key questions about their Pay product. The FAQ covers: - Checkout process and user experience - Settlement procedures and fee structures - Supported blockchain networks - Compliance and regulatory considerations - Availability timeline This documentation aims to provide clarity for merchants and users interested in implementing or using WalletConnect Pay for crypto payments.

WalletConnect continues to operate as an open network, focusing on reducing ecosystem fragmentation and preserving user choice. The platform serves as a connectivity layer that enables wallets and merchants to reach users across different platforms without forcing them to switch services. **Key benefits:** - Reduces fragmentation across the web3 ecosystem - Maintains user freedom to choose preferred wallets - Simplifies integration for merchants and wallet providers The open network approach allows different services to interoperate seamlessly, making it easier for users to interact with various applications using their existing wallet setup.

**Ingenico has integrated WalletConnect Pay** into its payment terminals globally, enabling stablecoin transactions across retail, hospitality, and transport sectors. **Key features:** - Supports five major stablecoins including USDC, EURC, and USDT - Works on Ethereum mainnet and select EVM chains - Compatible with any WalletConnect mobile wallet - Offers competitive fees and fast settlement times Arnaud Dubreuil, Ingenico's Director of Innovation, emphasized the benefits for merchants at NRF 26, highlighting the speed and cost advantages of the system. The integration represents a significant step in bringing cryptocurrency payments to mainstream commerce, allowing customers to pay with digital assets at physical point-of-sale terminals worldwide. [Full details](https://walletconnect.com/blog/ingenico-launcheswith-walletconnect-pay)

**WalletConnect Pay** launched its universal onchain checkout solution at Binance Blockchain Week 2025. The new payment system promises to work with: - Any wallet - Any digital asset - Any location WalletConnect positions this as **the new standard** for onchain payments, offering a streamlined experience that aims to simplify crypto transactions across different platforms and wallets. The company is showcasing the technology at their booth during the conference, allowing attendees to test the payment solution firsthand.

**WalletConnect Pay** is positioning itself as a true crypto payment solution, arguing that cards settling through Visa or Mastercard aren't genuine crypto payments. The platform offers: - Direct blockchain settlement without traditional payment rails - Simple scan-and-pay functionality - No additional KYC requirements for each card - Elimination of pre-checkout asset shuffling This approach bypasses the complexity and fees associated with conventional crypto cards that rely on existing financial infrastructure. [Learn more about WalletConnect Pay](https://payments.walletconnect.com/)