EukaPay adds support for Polygon (MATIC) ERC-20 cryptocurrency payments
January 23rd, 2023
EukaPay, the cryptocurrency payments processor, has announced that it now supports payments in Polygon (MATIC) on the Ethereum Network (ERC-20), a technology platform and cryptocurrency that connects and grows Ethereum-compatible projects and blockchains. This addition provides EukaPay users with even more flexibility and choice when it comes to making cryptocurrency payments.
Polygon is a sidechain that is pegged to the Ethereum mainchain, providing faster and cheaper transactions while still maintaining the security of Ethereum. It is designed to be easy to use and integrate, making it a popular choice for developers building on Ethereum. MATIC tokens are used to govern and secure the Polygon network and pay transaction fees.
This is a significant development for EukaPay, as we continue to expand our support for all of the top cryptocurrencies.
We help businesses grow their revenue by accepting crypto payments and getting paid in dollars while avoiding problems like currency volatility, onerous financial & tax reporting, and expensive security infrastructure.
Businesses never need to take custody of crypto as we instantly convert crypto into dollars or stablecoins without price volatility at the moment of transaction. Fees are simple and transparent at just 1%, without any setup or hidden fees.
About Polygon (MATIC)
Polygon is a layer 2 scaling solution for Ethereum that uses sidechains to provide faster and cheaper transactions while still maintaining the security of Ethereum. It was created by Matic Network and has a growing community of developers and users. Matic is focused on providing an easy-to-use and integrate platform for developers building on Ethereum.
The main advantage of Matic is its ability to scale Ethereum transactions, making it a good choice for developers looking to build high-performance decentralized applications.
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