Integrating Payment Solutions
The partnership integrates Coinpal’s extensive network of over 6,000 merchants into Bitget Wallet’s payment ecosystem. Specifically, Coinpal will serve as a channel partner for Paydify, Bitget Wallet’s merchant infrastructure.
Expanding Crypto Payments
This integration will allow Bitget Wallet users to make purchases using cryptocurrency, benefiting from the inclusion of merchants like IGV.com. The move broadens access to crypto-enabled businesses across various sectors such as gaming, electronics, fashion, and digital services.
Bitget Wallet is also rolling out a suite of payment tools focusing on its Scan to Pay feature, which enables users to scan QR codes for crypto transactions. In certain markets, the wallet plans to support Solana Pay and national QR code systems, facilitating seamless payments in both digital assets and local currencies with minimal fees.
Coinpal offers businesses a platform to accept, process, and settle cryptocurrency transactions while maintaining safety and compliance through multiple licences such as EU EMI and VASP. The partnership provides merchants exposure to Bitget Wallet’s active Web3 user base, driving the adoption of crypto as an everyday payment method.
In conjunction with this initiative, Coinpal acts as a channel partner for Paydify, a decentralised payment gateway that is collaborating with Bitget Wallet to onboard crypto-accepting businesses. Together, they enable merchants worldwide to accept crypto payments via unified QR codes or APIs, ensuring instant stablecoin settlements.
Future Collaborations
Both parties aim to expand their merchant bases and improve user experience. They are also exploring the potential for extending into offline retail ecosystems. This collaboration is part of Bitget Wallet’s broader strategy to become a comprehensive platform for trading, earning, and spending crypto.