Paydify Launches Gateway for Seamless Blockchain Payments
1min read Paydify, a blockchain-based payment gateway, recently participated in a panel discussion at Money20/20, focusing on the challenges and opportunities in digital payments. The session, titled “Seamless Transactions: The Next Leap for Digital Payments,” featured representatives from Circle and Alea Research, and addressed key issues such as interoperability, user experience, and infrastructure gaps that hinder the wider adoption of digital asset payments.
Pakning Luk, Director of Strategy at Paydify, highlighted the growing disconnect between user expectations and the current state of blockchain payment infrastructure. Users expect seamless transactions without needing to understand the complexities of wallets, chains, or conversions. However, the reality for merchants is far more complex, with fragmented tools and a lack of standardization. This disconnect is a significant barrier to the meaningful adoption of digital asset payments.
According to data from the Onchain Report, 31% of users cited limited merchant acceptance as a barrier to using digital assets, while 26% noted a lack of trusted payment service providers. These issues, combined with ongoing problems around cross-chain compatibility and manual wallet address entry, underscore the need for streamlined and standardized solutions.
Paydify, which launched earlier this week, offers a plug-and-play gateway designed to simplify digital asset payment acceptance for merchants. Through a single integration, businesses can receive payments from any supported wallet or blockchain, with instant settlement in stablecoins and no transaction fees. Existing integrations include Bitget Wallet, MetaMask, and Trust Wallet, with initial pilots launched across physical retail and online commerce. The company plans to scale across key global industries, including e-commerce, travel, Web3-native platforms, and more, as part of its mission to establish a universal acceptance layer for digital asset transactions.
The panel concluded with a shared view that backend simplification, particularly for merchants, will be central to the next stage of growth in blockchain-based payments. Luk emphasized that real-world usability depends not only on technical innovation but also on ecosystem-wide coordination. “The focus now is on making digital asset payments as seamless and familiar as traditional methods. That requires removing friction at every level of the stack.”
Paydify is a universal gateway enabling blockchain payments across all wallets and blockchain networks. Built for both online and offline merchants, Paydify provides instant settlement and universal connectivity, making blockchain payments practical for global commerce. The company operates with a mission to unify the fragmented blockchain ecosystem and make digital payments accessible to businesses everywhere.
Ask Aime: What is the outlook for blockchain-based payment companies after the Money20/20 panel discussion on digital payments?
