Payment Links are digital tools that generate a unique URL allowing individuals to initiate a payment for goods or services. These links typically embed transaction details, such as the amount and recipient, simplifying the payment process for both buyers and sellers. They are designed to facilitate frictionless commercial exchanges.
Context
The application of payment links within the digital asset ecosystem is gaining traction, particularly for simplifying crypto transactions. News frequently reports on platforms offering payment link solutions that support various cryptocurrencies, aiming to make digital payments more accessible. Discussions often revolve around security features, fraud prevention, and integration with existing e-commerce platforms.
PayPal's new Links feature integrates P2P crypto payments, streamlining digital asset transfers and significantly reducing a key tax friction for mainstream Web3 adoption.
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