^San Salvador, El Salvador, June 29, 2025 (Globe Newswire) – Bitget Wallet
(https://web3.bitget.com/en), the leading non-protecting web3 wallet, drives
As part of your PAYFI initiative, researching the integration of QR code
Technology in decentralized payment systems. These ongoing research
are an important step to show how self -managed wallets as
Bridge between the traditional financial infrastructure and the decentralized
WELT of the Web3 can act.
With the growing spread of the blockchain, the seamless integration remains
A demanding challenge of crypto payments into familiar systems.
The Payfi Initiative of Bitget Wallet therefore examines how the wide
distributed QR code systems-known for your simplicity and mobile
Compatibility – can be optimized for decentralized use. The
The aim is to create a crypto payment experience that both the
Familiarity of traditional payment systems preserves as well as the pioneers
Opportunities opened by Web3.
? QR code payments are the most natural bridge between the habits of
Today and tomorrow’s financial systems, “explains Jamie Elkaleh, CMO from Bitget
Wallet .? with Payfi we not only pursue the goal of transactions
enable – we want to create an intuitive use experience that
makes decentralized payments for a matter of course. “
The strong acceptance of QR payments in Southeast Asia underlines the headquarters
Role of this infrastructure for the promotion of financial inclusion. In Vietnam
QR-based transactions in 2023 rose by impressive 170 % in
Compared to the previous year – driven by initiatives such as Vietqr and leading
E-wallets such as Momo, Zalopay and Viettel Money. Also in the Philippines grows
The market rapidly: The nationwide standard QR PH is now more than
Supported 2.5 million dealers and from the largest payment platforms Gcash
and Maya used. These examples illustrate the potential of QR systems in
Puncto scalability and user -friendliness – characteristics that they become one
make ideal bridge between web2 and web3 payment worlds.
Bitget Wallet’s Payfi Initiative aims to secure the potential safer
QR-based transactions in a self-managed wallet context in detail
to explore. The focus is on the analysis of regional QR-
Payment standards, the examination of your interoperability with decentralized
Protocols as well as the evaluation of the infrastructural and regulatory
Requirements for safe and scalable integration. The project
is currently in an early research phase and focuses on
the development of internal proofs of concept as well as cooperation with external
Partners to further develop the technology. Bitget Wallet followed
a consciously sustainable approach: instead of a quick introduction, there is one
deep understanding of technology and a responsible development in
Foreground- with the aim of the resulting web3 and fintech ecosystems
to strengthen sensibly.
Bitget Wallet has always focused on the development of tools that
Effect users in a rapidly changing financial world. With
Payfi should remain the complexity of decentralized infrastructure in the background –
In favor of seamless user experiences. So everyday transactions such as
Purchase in retail, peer-to-peer payments or subscription models directly in the future
can be handled via self -managed wallets.
The integration of QR code functionalities is much more than one
Technical upgrade: It symbolizes a paradigm shift
a payment system that is inclusive and interoperable and also on the
The sovereignty of the users is based. Bitget Wallet drives this development
consistently progressed and continues to work on the design of well -thought -out standards
and solutions that both the web3 community and the wider
Get to the financial ecosystem. In a future, in the decentralized and
The Payfi-
Initiative of Bitget Wallet already an outlook on how easy
Crypto payments can be-as straightforward as scanning a QR code.
For more information, please visit Bitget Wallet Academy
(https://web3.bitget.com/en/academy/qr-code-payment-trends-you-need-to-know-in-
2025).
About Bitget Wallet
Bitget Wallet (https://web3.bitget.com/en) is a crypto wallet without
Key management by a third party that is designed for this, crypto for
to make everyone easy and safe. With over 80 million users it offers one
Whole series of crypto services, including swaps, market analyzes, stakings,
Rewards, dapps and payment solutions. Bitget Wallet supports more than 130
Blockchains and millions of tokens and enables a seamless multi-chain
Trade over hundreds of Dexs and cross-chain-bridges. Thanks to one with
Over $ 300 million user protection funds endowed with the highest level
Security for the assets of the users. The company’s vision
is? Crypto for Everyone “(cryptocurrency for all) – cryptocurrency should
Simple, safer and for a billion people become part of everyday life.
You can find more information on: X (https://twitter.com/bitgetwallet) |
Telegram (http://t.me/bitget_walllet_announcement) | Instagram
(https://www.instagram.com/bitgetwallet_global/) | YouTube
(https://www.youtube.com/@bitgetwallet) | LinkedIn
(https://www.linkedin.com/company/bitgetwallet) | Tiktok
(https://www.tiktok.com/@bitget.wallet) | Discord (https://discord.gg/bitget-
Wallet) | Facebook (https://www.facebook.com/bitgetwallet/)
For press inquiries, please contact: [email protected]
(mailto: [email protected])
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