Micropayment transactions on the Polygon blockchain exceeded 500,000 in November, marking a 23% increase from October. According to Leon Waidmann, Head of Research at Onchain, half of these transactions are small payments ranging from $10 to $100, aligning with typical credit card and merchant payment sizes. This growth suggests Polygon's increasing role as a payment channel for crypto cards and PayFi applications, supported by data from major payment providers like Coinbase Commerce, Moonpay, Revolut, and Rain.
Polygon Micropayments Surge 23% in November, Exceed 500,000 Transactions
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