We are thrilled to announce the launch of ADA Pay on Cardano’s Shelley Mainnet. This release comes after a surge in global demand for the platform by institutions and consumers wishing to pay and donate with $ADA.
The ADA Pay system comes with a full suite of payment gateway, donations gateway and merchant back-office CRM.
As recently revealed on the Africa Special show, the first merchant to use ADA Pay is the Save The Children charitable organization. Save The Children was established in the United Kingdom in 1919 with the mission to improve the lives of children through better education, access to health care and economic opportunities, as well as providing emergency aid following natural disasters and during war, and other conflicts. A century later, Save the Children is a global movement made up of 30 national member organizations actively working in no less than 125 countries!
As Cardano lately shared, Half a Billion Dollar’s worth of ADA is currently being delegated to charity-focused initiatives on Cardano through mission-driven stake pools. Cardano is focused on bringing social and financial inclusion to underserved communities and causes that need it most. We are humbled to take part in this noble cause and to enable the Cardano ecosystem users to donate $ADA for the cause using the ADA Pay gateway:
ADA Pay will be embedded in websites, mobile devices, and eventually in Point of Sale systems. Merchants will also be able to accept a payment with ADA and then stake it immediately for staking rewards, creating a positive feedback loop.
- Visit ADA Pay website: https://adapay.finance/
- To donate Save the Children’s Kumwe Hub: https://www.kumwehub.com/donate
- Watch this video featuring the interview between Shahaf Bar-Geffen and the Cardano Foundation team, discussing the need for a solution like ADA Pay and all that is next to come:
- Watch this video to see the ADA Payment flow in action:
Stay COTI!
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Technical whitepaper: https://coti.io/files/COTI-technical-whitepaper.pdf
