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CoinGape 2025-02-10 05:04:30

AEON announces strategic partnership with Viction, to support offline payments in $VIC and $C98

AEON announces strategic partnership with Viction, to support offline payments in $VIC and $C98

AEON, the crypto payment solution which debuted its payment protocol as a Telegram bot, announced on 6 Feb its partnership with Viction, the layer-1 Blockchain platform. This collaboration will allow users to make offline crypto transactions using Viction’s tokens – $VIC and $C98 – on AEON pay. AEON enables crypto transfers in USDT, ETH, BTC, and PCI, supporting TRX, BSC, ETH, SOL, and ARB networks. With this partnership. it aims to support offline crypto payments for over 1.5 million merchants in South-East Asian and Global markets, accelerating the adoption of crypto payments in real-world scenarios. Excited to partner with @BuildOnViction , a global #Layer1blockchain that empowers builders at every level! With #AEON Pay, users can pay Viction’s native tokens like $VIC , $C98 across millions of offline merchants! More Details https://t.co/bC7AQ60ytw — AEON.XYZ (@AEON_Community) February 6, 2025 How usability of AEON Pay would be enhanced By integrating with the Viction chain, AEON would be able to utilise its innovative infrastructure and higher scalability. Using the Viction World Wide Chain (WWCP), Viction provides seamless asset and data transfer on the fractal-like chains interconnected through its chain protocol. Since its app chains are anchored by a common settlement, it offers ultrahigh throughput, zero-knowledge support for privacy and scalability. Its interoperability and interconnection will further enhance the usability of AEON pay for its users. Furthermore, Viction unifies the assets by smart contracts on its chain under a shared bridge contract that simplifies liquidity management and enables seamless transactions across the ecosystem. Not only AEON Pay, Viction itself is set to benefit as its tokens – $VIC and $C98 – will now be available in the AEON ecosystem – amplifying its reach and usability. Customers can use these native tokens of Viction for offline spending in activities such as shopping and dining. AEON Pay’s unified payment mechanism Aimed at unifying the crypto payments mechanism, it facilitates quick payments for merchants, individual users using various methods such as QR code scanning , exchange accounts linkage and connecting crypto wallets. Payments by linking exchange accounts of users are supported on Coinbase, Robinhood, Binance, Kraken, KuCoin, and Paxos. Third option of making payments include connecting users’ existing wallets – with support for Bitget Wallet, MetaMask, Trust Wallet, and Wallet Connect-enabled apps. By this, user’s wallet gets linked to the Scan-to-Pay de-centralised applications (dapps) of AEON pay. After the successful completion of payment, it deducts transaction fees and settles the payment based on the current market exchange rate. The low-cost, verifiable, and secure payment processing features by AEON can further enhance the development of unified standards in crypto payments – thus, bridging the gap between tradtional real-world transcations and crypto payments. The post AEON announces strategic partnership with Viction, to support offline payments in $VIC and $C98 appeared first on CoinGape .

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