Bitget Wallet and Paydify Partner to Boost Global Crypto Payments

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San Salvador, El Salvador, May 02, 2025 (GLOBE NEWSWIRE) – Adoption of stablecoins as a payment option is expected to rise with the integration of the Paydify payment gateway into the Bitget Wallet, which aims at more than 10,000 merchant locations physically and online globally.

As a leading non-custodial Web3 wallet, Bitget partnered with a universal crypto payment gateway known as Paydify. The collaboration makes Bitget Wallet the first wallet integration partner for Paydify. This collaboration enables stablecoin payments and seeks to tether more than 10,000 retail outlets across the globe. As thousands of transactions have already been processed during the pilot launch phase, reports indicate the successful completion of the pilot phase.

Pilot Phase Outcomes

According to the report, the pilot phase of this integration has seen the successful completion of countless transactions. This confirms the operational capacity of the system under actual working conditions.

International Development

It is planned that the services will undergo international development. The scope of implementation includes, but is not limited to, retail, tourism, gaming, hospitality, and e-commerce. Furthermore, the roadmap envisions enhanced support for a greater variety of tokens and additional wallets and other systems in the future.

Solving Fragmentation Issues

The services are said to have been designed to resolve the underlying fragmentation issues faced by various participants in a holistic ecosystem of crypto payments. These issues often arise due to the existing incompatibility between different blockchain networks and diverse cryptocurrency wallets. Such issues are persistent and can deter merchants from adopting new technologies.

User Obstacle

Citing the latest Onchain Report, 31% of users globally stated limited merchant acceptance of cryptocurrencies as a significant obstacle preventing wider use of digital currencies for everyday payments. This is exactly the problem that Paydify aims to solve.

PayFi Approach

The integration of this partnership falls under Bitget Wallet’s PayFi strategy. It is intended to integrate activities where cryptocurrencies are no longer only stored or traded but actually used in everyday life.

The COO’s Vision

Kahn, whose role is Chief Operating Officer at Bitget Wallet, spoke on the initiative as well. Paydify quoted him as saying, “Paydify is enhancing the merchant experience with cryptocurrency. The goal is to make its usage ubiquitous.” Adding, “Stablecoin payments at the point of sale are a first for Bitget Wallet, one of the first major wallets to provide stablecoin payments. Our ambition is to serve over 10,000 merchants around the world within the next few years.”

Strategy Director’s View

Pakning Luk, the Chief Strategy Officer of Paydify, weighed in on the integration as well. We quote Luk, who stated, “With Bitget Wallet we have an opportunity to test the user experience in actual operational environments during the pilot phase.” Added Luk, “As a digital asset, I believe it should be as effortless as using any other standardized payment method. Our objective is to build a robust, easy business interface that operates as a trustful payment gateway for digital assets.”

About Bitget Wallet

Per our informant, Bitget Wallet is a non-custodial crypto wallet that prides itself on simplicity, security, and ease of access. It has over 60 million users and provides a full range of crypto services, including swaps, market insights, staking and rewards, a DApp browser, and crypto payment functionalities.

It enables multi-chain trading on hundreds of DEXs and cross-chain bridges, supporting 130 blockchains, 20,000 DApps and over a million tokens. It has over $300 million in user protection funds.

About Paydify

Paydify is described as a universal gateway enabling crypto payments across all wallets and blockchain networks. It allows online and in-person merchants to seamlessly receive crypto payments and aims to make such payments beneficial for global commerce. Paydify is striving to integrate the broken blockchain ecosystem and allow businesses around the globe to accept digital payments.

IMPORTANT NOTICE

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