GLOBAL, Sept. 5, 2022 /EINPresswire.com/ — Data Mynt, the leading provider of payment and digital asset payment infrastructure for merchants and platforms worldwide, has announced the integration of the Solana blockchain. This allows any Solana wallet and owner to pay with SOL at any participating Data Mynt merchant in the world, even if the merchant has never heard of Solana before.
Data Mynt’s payment and omnichannel payment solutions allow merchants to receive payments for digital assets in multiple different tokens across popular channels, with the merchant automatically receiving local stablecoins at the time of purchase deposited into the wallet Merchant Data Mynt. This allows buyers to pay with one token and merchants to receive another. This way, buyers and traders using Data Mynt can avoid the headaches of price volatility associated with token conversions.
The Solana blockchain is one of the fastest growing cryptocurrency ecosystems, with millions of users worldwide and a growing suite of related applications and products. Capable of performing up to 2,500 transactions per second and with an average cost of $0.00025 per transaction, the Solana ecosystem has already recorded 94 billion transactions across more than 2 million wallets. With a market cap of over $10 billion, the Solana blockchain is among the top 10 most popular blockchains and digital assets in the world.
By adding SOL support to Data Mynt, any Solana holder can use their SOL stack to purchase goods and services from participating merchants. This opens up a way for merchants to accept payment from Solana’s enthusiastic and friendly community, a huge boon for both parties. Additionally, because Data Mynt enables fast settlements and cash payments in local currencies, there is now a pipeline for funds to flow from Solana holders to small business bank accounts around the world.
With participating merchants in 15 countries and 5 continents, this is an important moment for Data Mynt and Solana. According to Data Mynt CEO Alex Christian,
“We wanted to add support for an exciting cryptocurrency with a reputable team and track record of execution, and known for its enthusiastic community that loves using cryptocurrency. Solana has been an instant favorite among our team, and we can’t wait to see how their users find ways to pay with SOL at the nearest Data Mynt merchant.
Interested merchants and businesses can add Data Mynt digital asset verification to Google Play Store and App Store now.
About Data Mynt
Data Mynt is the leading digital asset payment and payment solution for omnichannel sellers worldwide. Its suite of solutions offers platforms and merchants a simple approach to accepting and sending digital payments from any blockchain, wallet or asset, without the volatility or the usual risks and costs of traditional payment methods such as cards. . The Data Mynt digital asset payment solution is designed to streamline implementation through mobile POS, API, branded webpage and iFrame, while providing a seamless customer experience. Learn more:
Solana (SOL) is one of the most popular and fastest growing cryptocurrency ecosystems in the world. With a genesis block occurring in March 2020, Solana has seen massive growth in less than three years. Known for its fast transaction times, low transaction costs, and scalable blockchain solutions, the Solana blockchain has been one of the best-known cryptocurrency ecosystems over the past few years.