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Ingenico Brings Stablecoin Payments to In-Store Checkout

Cointelegraph
Ingenico partnered with WalletConnect Pay to enable stablecoin payments like USDC and USDT directly on its existing POS terminals.

Summary

Payments provider Ingenico has integrated WalletConnect Pay to allow customers to use stablecoins such as USDC, EURC, and USDT for in-store purchases directly from compatible mobile wallets like MetaMask, bypassing traditional card networks. This integration leverages Ingenico's 40 million existing POS terminals globally, requiring no new hardware for merchants. Merchants can choose to settle funds in stablecoins or convert them to fiat currency. WalletConnect CEO Jess Houlgrave noted that this method offers lower transaction fees than traditional card rails, faster settlement, and handles refunds via standard workflows. Initial support covers Ethereum, Base, Arbitrum, and Polygon, with plans to add more chains and eventually support non-stable cryptocurrencies like Bitcoin and ETH, reflecting growing demand for stablecoins as practical payment methods.

(Source:Cointelegraph)