New Payment Solution on Telegram: Wallet Pay
Wallet, a bot on Telegram, has introduced a new payment solution called Wallet Pay. This feature aims to facilitate cryptocurrency payments between customers and businesses directly within the Telegram application. However, it is important to note that certain countries, including the United States and those blacklisted by the FAFT, are excluded from this service.
Key Points:
– Wallet Pay is a new payment solution on Telegram’s Wallet bot.
– It allows cryptocurrency payments between customers and businesses on Telegram.
– The service is available in all regions supported by Wallet, except for the United States and blacklisted countries.
– Compliance responsibility is handed over to businesses in jurisdictions where cryptocurrency payments are prohibited.
– The platform has yet to identify the merchants who will pioneer this new payment feature.
Wallet Pay’s operational independence from Telegram is highlighted, as the Wallet bot and application are developed on the Telegram Web Apps open protocol. Users can access the Wallet Pay service through the dedicated Telegram bot or the official Wallet Pay website. It is essential to verify the source of the bot before usage.
Hot Take:
The introduction of Wallet Pay on Telegram provides a convenient and accessible way for customers and businesses to transact using cryptocurrency. While the service currently supports only three cryptocurrencies, its potential for growth and expansion is promising. As Wallet Pay continues to roll out, it will be interesting to see which merchants will be early adopters of this new payment feature.
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