WalletConnect has partnered with Ingenico to introduce stablecoin payment capabilities on point-of-sale (POS) terminals, as announced by CEO Jess Houlgrave. The service, WalletConnect Pay, will be available on Ingenico terminals starting January 2026, initially targeting acquirers and payment service providers. European merchants are expected to adopt the service in the first half of 2026, with plans for broader expansion as more payment service providers enable the feature.
This new service allows users to bypass traditional banking and credit card networks by facilitating "on-chain direct payments." Users can scan a QR code, select a blockchain such as Solana or Ethereum, and complete transactions using wallets like MetaMask. While this marks a significant step for integrating on-chain assets into offline transactions, the process currently requires users to inform cashiers and manually complete several steps.
WalletConnect and Ingenico Launch Stablecoin POS Payments in Europe
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
