AEON partners with Stellar blockchain to support payments using $XLM and Stellar-based USDC for e-commerce purposes.
AEON, a crypto payment system, established a partnership with Stellar, a popular blockchain network that helps people move money quickly and safely. This team-up allows AEON clients to use $XLM and Stellar-based USDC tokens to shop online or in stores more easily.
AEON is working to change how crypto payments work by offering a flexible system that supports many types of tokens and blockchains. The system uses AI to help users make payments, send money, and manage subscriptions. Its flagship offering is AEON Pay.
AEON Pay is a mobile payment app that runs on Web3 technology. It makes mobile payments smooth and secure, with quick transactions and an intuitive interface. It now supports $XLM and Stellar-USDC, letting users in the Stellar community make real-world purchases seamlessly. AEON Pay already works at more than 10,000 brands and over 20 million stores with QR codes in big Southeast Asian cities. The company also plans to expand into Africa and Latin America to help more people use crypto for everyday payments. This way, the app users can make cheap and instant payments at a wide network of real-world shops without needing traditional banks.
Stellar is an open blockchain network that runs without a central owner. It helps people send money across borders fast and for a low cost. Besides, the network is also one of the most eco-friendly blockchains out there, which makes it attractive for modern eco-conscious consumers. The network wants to give more people access to fair financial tools, a goal that matches AEON’s vision to make crypto easy and useful in daily life. With Stellar’s help, AEON will give users and businesses new, fast and simple ways to pay with their crypto assets.
The fresh partnership is a big step forward for Web3 shopping, which is still in its nascent stages. Predominantly, crypto payments are focused on virtual purchases like NFT marketplaces or metaverse stores. A share of crypto purchases in the real-world retail segment is still minimal. However, as crypto becomes more common, AEON and Stellar are helping shape the future of global digital payments.
