A merchant payment solution allowing merchants to accept ADA as payment for their goods and services.
ADAPay has been developed by the "Currency Of The Internet" COTI; a ledger using directed acrylic graph, DAG, technology to engineer payment solutions for other chains.
When a merchant integrates ADA Pay into their online store customers can then use the service to pay for their goods or services in ADA.
If the user selects to pay with ADA Pay they are presented with a QR code which they scan with their wallet to make the payment. Or they can copy the payment address over to their wallet, say if they're using a browser extension, and pay like that.
Confirmation of the transaction confirms the payment. Voila! You've paid for your goods with ADA.
Immediately upon receiving an ADA payment the merchant will be able to stake the ADA.
eventually ADA Pay will be able to be integrated with POS system in physical stores