Gate.io Launches Its Web3 Crypto Payment Product

Gate.io, one of the world's leading cryptocurrency exchanges, has officially launched Gate Pay, a leading crypto-based payment product.

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Gate.io believes that, with a larger purpose to bridge the divide between blockchain and everyday life, cryptocurrencies will assume the basic and critical function of currency– as a means of payment– bringing a wider adoption beyond the limited user group in trading and transactions. 

Gate Pay is crypto payment technology fully developed by Gate.io. Currently, Gate Pay supports over 20 cryptocurrencies for payments, with plans to increase to 130 cryptocurrencies in the future. Business partners can begin accepting crypto by integrating Gate Pay into their online and brick-and-mortar stores or launching on Gate MiniApp, a third-party dApp platform integrated directly into Gate.io's ecosystem.

"Gate Pay is our next major commitment to further crypto adoption. It will bridge the gap between Web 3.0 and daily life, reducing the barriers for users and merchants to utilize cryptocurrency fully," said Dr. Lin Han, CEO and Founder of Gate.io.