Luisa Crawford
Dec 04, 2024 15:44
Bitfinex Pay has launched version 0.7.5, enhancing its Merchant Dashboard with new features, including support for Polygon Ecosystem Tokens and optimized payment processing.
Overview of the Latest Update 🚀
Bitfinex Pay has unveiled its latest update, version 0.7.5, enhancing the functionality of its Merchant Dashboard. This tool is essential for merchants managing their cryptocurrency payment systems. The update aims to improve user experience and streamline payment processing capabilities. One of the significant aspects of this release is the integration of support for Polygon Ecosystem Tokens, which enriches the payment options available for merchants.
Key Features of the Merchant Dashboard Enhancement 🛠️
The recent update brings notable enhancements to the Merchant Dashboard, particularly in light of the Polygon Ecosystem Token upgrades. Key features of this update include:
- Continued support for MATIC tokens on the Ethereum network.
- The removal of MATIC from the mainnet wallet options to streamline user interface.
- The inclusion of Polygon Ecosystem Tokens, enabling merchants to accept payments via both Ethereum and Polygon networks in their invoices.
Additionally, the update resolves several usability concerns. Now, an “Insufficient Funds” message appears prominently in the New Payout flow, enhancing clarity for users. The update also revises the information in the Invoice Details menu to better explain refund policies applicable to expired invoices. Furthermore, the outdated tipping feature has been phased out in alignment with the Pulse project cessation.
Further Improvements and Bug Fixes 🔧
Other important modifications in this update include:
- Removal of Bitcoin (BTC) support in POS Checkout due to its prolonged confirmation times on the blockchain.
- Clarity is improved with more detailed instructions for creating POS checkouts, alongside reformulated error messages for invoices with excessive expiration times; a new limit of 30 minutes on POS invoice validity has been established.
- Tooltips have been incorporated into the Manual Invoice Generator for better user guidance.
- The Payouts payment flow has been revamped to offer a clearer transaction overview.
- Settings menu enhancements include better feature explanations and a reassignment of Threshold settings to the Invoice Customisation area.
- Fixes have been implemented for the “Payouts” feature concerning fee calculations, resolution of the malfunctioning address copy button, and rectification of design-related issues impacting user tags, recipient menus, and balance calculations.
End User Payment Process and Updated Demo Dashboard ⚙️
The payment process for end customers has undergone some visual upgrades to simplify interactions. Specifically, redundant dropdown buttons have been discarded when only a single token is present. Furthermore, previously missing translations for the Metamask network switch button have been added, and error alert messages have been enhanced for instances of reused 2FA codes.
The demo dashboard now reflects the recent upgrades from the Polygon Ecosystem, ensuring that all platforms offer a consistent user experience for merchants.
Hot Take 🔥
The latest update of Bitfinex Pay showcases a commitment to enhancing the merchant experience in cryptocurrency transactions. By integrating Polygon Ecosystem Tokens and addressing key usability issues, Bitfinex Pay not only streamlines payment processes but also positions itself as an adaptable solution in the dynamic world of digital currencies. This year has seen significant progress in how payment solutions cater to evolving market demands, and Bitfinex is making strides in meeting these challenges head-on.
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