{"id":57006,"date":"2022-02-02T12:21:59","date_gmt":"2022-02-02T10:21:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57006"},"modified":"2025-09-04T09:21:45","modified_gmt":"2025-09-04T06:21:45","slug":"solana-labs-launches-solana-pay-payment-protocol-for-e-commerce","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/solana-labs-launches-solana-pay-payment-protocol-for-e-commerce\/","title":{"rendered":"Solana Labs launches Solana Pay payment protocol for e-commerce"},"content":{"rendered":"<p>Solana Labs has launched the Solana Pay protocol, enabling online merchants to accept cryptocurrency payments directly from consumers.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">1\/ Introducing Solana Pay, a decentralized, secure, and open-source payments protocol for the next generation of merchant payments \ud83d\udcb8<a href=\"https:\/\/twitter.com\/hashtag\/SolanaPay?src=hash&#038;ref_src=twsrc%5Etfw\">#SolanaPay<\/a> <a href=\"https:\/\/t.co\/mI2hMIh79G\">https:\/\/t.co\/mI2hMIh79G<\/a><\/p>\n<p>\u2014 Solana (@solana) <a href=\"https:\/\/twitter.com\/solana\/status\/1488513849439539206?ref_src=twsrc%5Etfw\">February 1, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With the solution, merchants will be able to accept the stablecoin USDC, the native SOL token, and other Solana-based assets at a negligible fee.<\/p>\n<p>According to the statement, transactions will be instant, and funds will be credited in real time.<\/p>\n<p>In the next phase of development, the protocol will provide merchants with a fully bidirectional channel of communication with customers. Merchants will be able to send reward tokens, NFTs, or promotional messages directly to the consumer\u2019s wallet.<\/p>\n<p>Solana Labs believes this will provide new marketing opportunities.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cMerchants should take advantage of all the benefits that decentralized on-chain payments can offer, such as lower network costs, additional income in DeFi, zero liability for fraud, instant settlements, and control over customer relationships,\u201d the statement said.<\/p>\n<\/blockquote>\n<p>The company&#8217;s partners in implementing the solution were Circle, Checkout.com, Citcon, Phantom, FTX and Slope.<\/p>\n<p>In January, the Solana network <a href=\"https:\/\/u1f987.com\/en\/news\/solana-network-outage-lasts-48-hours-users-report\">shut down<\/a> for 48 hours. According to users, this was the sixth blockchain outage in three months.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana Labs has launched the Solana Pay protocol, enabling online merchants to accept cryptocurrency payments directly from consumers.<\/p>\n","protected":false},"author":1,"featured_media":57007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1198,1159],"class_list":["post-57006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-payments","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=57006"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57006\/revisions"}],"predecessor-version":[{"id":57008,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57006\/revisions\/57008"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/57007"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=57006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=57006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=57006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}