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WalletConnect Pay Integrates Ingenico Terminals to Expand Real‑World Stablecoin Usage
Yahoo Finance· 2026-01-13 18:16
Core Insights - Ingenico has partnered with WalletConnect Pay to facilitate in-store payments using stablecoins, aiming to integrate digital currencies into mainstream retail [1][2] - The integration allows merchants using Ingenico's infrastructure to accept stablecoins like USDC across various EVM-compatible networks [2] Group 1: Partnership and Integration - Ingenico's collaboration with WalletConnect connects its extensive merchant network with WalletConnect's multichain payment capabilities [1] - The rollout of stablecoin payments targets various in-person use cases, including retail, hospitality, transportation, and vending [3] - WalletConnect supports over 700 wallets and has processed more than $400 billion in volume in the past year, with a significant portion attributed to stablecoin transactions [5] Group 2: Consumer Experience - Consumers can utilize any WalletConnect-compatible wallet to make payments directly from their wallets, with transactions settling on-chain [4] - The integration aims to provide a familiar checkout experience at physical terminals, aligning with existing Web3 user behavior [5] Group 3: Industry Context - Ingenico has over 40 years of experience in payment acceptance and holds a significant share of the global POS terminal market [7] - The company is part of Worldline's payment services group following a multi-billion-dollar acquisition in 2020, enhancing its capabilities in the payment sector [7] Group 4: Future Developments - Integration for acquirers and payment service providers is scheduled for January 2026, indicating a strategic long-term vision for expanding stablecoin payment acceptance [6]