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Solana Payments

What is Solana payment?

Solana is a censorship-resistant blockchain that helps create fast, secure, scalable, decentralized apps and marketplaces. Launched in 2017, it is now backed by such organizations as Apple, Qualcomm, Intel, Google , Microsoft and more. According to Solana, there are currently 608 validators securing the Solana Network and 47 dapps powered by Solana.

One of the key features of Solana is its unique PoH (Proof-of-History) method, a decentralized clock for the system, which makes it easier to track transactions. Another distinctive feature is its speed. “Basically, the speed of light is how fast we can make this network go,” says Yakovenko, the founder of Solana.

The SOL token is the native currency in Solana’s ecosystem. The maximum supply of SOL caps at 489 million SOL. SOL has various use cases: staking is one of them. It can also be used as a payment or donation method. Track Solana price on CoinMarketCap.


SOL Payment Benefits:

  • High speed
    According to Solana, the blockchain can handle 50,000 transactions per second, which is 1,000 times faster than Bitcoin
  • Low fees - perfect for micropayments
    An average transaction fee constitutes 0.000005 SOL (a fraction of a cent)
  • Widely distributed blockchain
    There are almost 1,000 validators supporting the blockchain

Accepting Solana (SOL) 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 Solana coin 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 Solana 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 SOL 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
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Solana Payment Methods

Solana widget

Solana button

Invoices

API

Plugins

Accept Solana Payments

Frequently Asked Questions

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%.
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!
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 SOL, navigate here and choose a supported coin from the list!
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Still have any questions?

Contact us: support@nowpayments.io