AEON Partners With Stellar To Expand Crypto Payments Globally
1min read AEON, a leading crypto payment framework, has announced a strategic partnership with stellar, a blockchain network dedicated to enhancing financial access globally. This collaboration aims to extend AEON's crypto payment solutions by integrating Stellar's $XLM and Stellar-USDC tokens, enabling users to transact seamlessly with these assets alongside other cryptocurrencies and USDC tokens for both online and in-person purchases.
Through this integration, aeon Pay now supports mobile payments via its Web3-powered platform, allowing Stellar ecosystem users to perform real-world transactions effortlessly. AEON Pay is already operational in Southeast Asia, with over 10,000 brands serving customers at 20 million QR-enabled stores. The organization plans to expand its operations into Latin America and Africa, promoting crypto payment services across international markets.
Stellar, as a decentralized, open-source blockchain platform, facilitates quick and cost-effective financial operations across borders. Its mission of financial inclusion aligns with AEON’s goal of making crypto payments accessible through everyday commercial activities. By enabling businesses and consumers to execute transactions using Stellar assets, AEON provides an efficient and inclusive payment method.
The Stellar network is renowned for its fast operations and scalability, supporting payment-optimized protocols and smart contract functions while maintaining sustainability. With a minimized fee system, Stellar enables prompt transactions and serves as infrastructure support for global financial institutions and innovators. The network has processed trillions of financial operations through its millions of supporting accounts, functioning as crucial software for issuing assets and worldwide payment settlement transactions.
AEON stands out as a top company for crypto payment transformations, offering flexible scalability through its infrastructure, which supports various blockchain systems and multiple token types. AEON Pay delivers a mobile payment system that combines transaction speed and safety mechanisms with user-friendly operation, making it simple for users to buy from merchants who accept crypto.
The collaboration between AEON and Stellar brings significant benefits to both companies. For AEON, it enhances its digital payment role, while for Stellar, it helps build financial systems accessible to everyone. This partnership fosters their essential work in developing advanced payment technology for the future, creating payment systems that benefit worldwide users and enable quick, convenient digital money transactions.
AEON aims to expand this crypto payment system from Southeast Asia into developing regions of Africa and Latin America. By entering these growing markets, the partnership can serve areas that need easy digital currency transactions, ultimately paving the way for financial services to reach everyone easily as countries adopt digital currencies and blockchain systems.
