Definition ∞ A Retail Payment Rail is the underlying infrastructure and system that facilitates everyday transactions for individual consumers. In the digital asset sphere, this refers to blockchain-based networks designed to process small-value payments efficiently and at low cost. These rails enable direct transfers between consumers and merchants. They aim to provide accessible payment solutions.
Context ∞ The development of robust retail payment rails using blockchain technology is a significant focus for increasing the utility and adoption of digital currencies. News often covers initiatives by central banks and private entities to create faster and more cost-effective payment systems. These advancements aim to offer viable alternatives to traditional payment networks for widespread consumer use.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
