Bitfinex Pay, a payment technology that allows online merchants a means of receiving contactless and borderless digital token payments, has added Liquid Bitcoin (L-BTC) and Tether tokens (USDt) on the Liquid protocol.
L-BTC and USDt are special types of asset on the Liquid sidechain, with a supply that is verifiably backed 1-to-1 with BTC and USDt, respectively. The Liquid sidechain aims to provide faster settlement speeds and strong confidentiality, thereby making the activities of traders and exchanges more efficient.
“Bitfinex Pay is revolutionising digital payments and I expect a ready uptake of Liquid Bitcoin and Tether on the Liquid protocol among our growing user base,” said Paolo Ardoino, CTO at Bitfinex Pay. “Tech-savvy Bitfinex Pay customers will appreciate having access to these digital assets as we continually improve our user experience.”
The Bitfinex Pay widget can be integrated on to a website facilitating online payments. Users can pay with Ethereum (ETH), bitcoin (BTC), Lightning Network BTC (LN-BTC) and Tether tokens (USDt) via Ethereum, Tron or Liquid. Payments made via Bitfinex Pay will be directly deposited into a merchant’s exchange wallet on Bitfinex.
Customers of a merchant that has integrated the payment technology simply click on the Bitfinex Pay button to be seamlessly directed to the Bitfinex payment gateway. After payment is made using a cryptocurrency accepted by the merchant, a customer will be redirected back to the merchant’s website. For further information, please visit Bitfinex Pay.