Polygon Payments

What is Polygon payment?

Matic Network was launched in 2017. It offers a layer-2 solution to increase scalability of Ethereum. In February 2021, the Matic Network went through a rebranding and became the Polygon Network. It is completely decentralized and works on a personalized Plasma network version.

Polygon aims to bring mass adoption closer by working on the scalability, high fees and slow speeds issues. Using the sidechains, Polygon allows for cheap and fast transactions based on the Ethereum blockchain, as well as interacting with other blockchains.

The MATIC token (ERC-20) was created to protect and pay for transactions. The security of this utility token is ensured by the Proof-of-Stake consensus mechanism. MATIC coin can be used for staking, delegating, paying for gas, trading, and MATIC can be accepted as payment or donation. You can track MATIC price on CoinMarketCap. You can buy MATIC coin on Binance, Coinbase, Huobi, Uniswap etc.

MATIC Payment Benefits:

Low fees
Polygon aims to lower blockchain fees, therefore MATIC transactions fees are extremely low.
Security
While fully benefiting from the Ethereum network, Polygon is also claiming to be more secure.
Scalability and Interoperability
Possible message passing (tokens, contract calls etc)

What else?

Q: Any Matic Network news?
A: MATIC price went up by more than 100 percent on May 24, 2021

Accepting Polygon (MATIC) payments is a great choice for your business. Just create a NOWPayments account, enter your wallet address and generate an API key.

The integration process is simple and doesn’t take much time. Follow the steps below to accept MATIC on your website:

First, you need to sign up for a NOWPayments account. The process shouldn’t take more than a minute!
Next, go to Store settings to enter your wallet address and add a new API key.
Paste this API key in the required place for any type of Polygon payment gateway. It can be our widget, button, or invoice module.
The integration will be active on your website, and you’re ready to accept cryptocurrency payments.

Accept MATIC on your website and enjoy the advantages of this truly privacy-oriented blockchain and its projects.

Set up account

Choose your
integration

Place the pay button
on your website

Get profit

Frequently Asked Questions

What is the service fee?

The service is fee is one of the lowest available and it depends on your discount. It goes up to 0.5%. To keep our service available to holders of many cryptocurrencies, we enable automated crypto conversions. If there is such a conversion involved during the transaction, our exchange partner can also charge a fee of up to 0.5%.

What is the minimum payment amount?

With the exception of several coins, the minimum payment varies between $3 and $5. The minimum amount varies based on the transaction pair involved. However, we work to provide the best possible service, and we try to lower these amounts whenever we can!

Do you accept coins other than MATIC?

Yes, we do! A whole lot of them, actually, We also keep an eye on the crypto market and add support for new coins you can use to receive payments on your website! Even if certain coins aren’t officially supported by NOWPayments, we often use automated exchanges to make sure your customers don’t leave your website because the coin is not supported! To use other cryptocurrencies instead of MATIC, navigate here and choose a supported coin from the list!

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Accept Polygon Payments

What is Polygon payment?

Polygon Payment Methods

Polygon widget

Polygon button

Invoices

API

Plugins

Frequently Asked Questions

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