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The Data Mynt Crypto Payment Processing Platform is Live on the Polygon Network


DataMynt TeamMarch 17, 2022
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Source EIN Presswire

Data Mynt integration with Polygon enables Ethereum scaling and rapid blockchain payments for merchants, partners and their consumers.

Data Mynt, a leading provider of cryptocurrency payment solutions, is integrated with the Polygon full-stack scaling solution. Data Mynt, along with its partners, merchants and retailers, will benefit from the Ethereum scaling solution as Polygon enables rapid blockchain payments and processing times of 2.1 seconds on average and consistently low transaction or Gas fees of typically just 1¢.

As an Ethereum secondary scaling solution, the Polygon network will allow Data Mynt to support Polygon’s widespread network and user base (3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets).

The Data Mynt patent-pending technology enables merchants and enterprises to expand their payment options for their customers and partners while allowing parties to keep significantly more of their crypto assets when transacting on public blockchains. At the same time, it reduces payment processing costs and eliminates frictions such as chargebacks and crypto price volatility.

“The speed and scalability of Polygon were key for us. We can now tell retailers that we service Polygon users and transaction speed, which is aligned with current in-person checkout expectations.”

Polygon Co-Founder and CEO Jaynti Kanani remarked, “This is the power of public blockchains. Consumers and merchants engaged in a ‘pure’ transaction. That’s how Data Mynt and Polygon empowers everyone. The dedicated Data Mynt global sales team began rolling out its payment platform in Q1 of 2022. Sign up for simple, stable crypto payments powered by Data Mynt here.

About DataMynt

Data Mynt is a crypto payment processor based in Oakland, California. Its wallet, asset and blockchain-agnostic solutions offer partners and merchants an omnichannel approach to accepting crypto payments free from volatility and the risks and costs of traditional payment methods. The Data Mynt payment platform is also designed to streamline implementation via API, branded web page, iFrame and merchant app, while consistently delivering a seamless customer experience. DataMynt.com

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