Taps Walletconnect To Support Stablecoin Payments At Checkout Ingenico

By integrating WalletConnect Pay, Ingenico is testing whether stablecoins can function as a practical alternative to card networks in everyday commerce.

Payments terminal provider Ingenico has partnered with WalletConnect Pay to enable in-store stablecoin payments across its point-of-sale (POS) systems, marking one of the clearest pushes yet to bring cryptocurrency payments into everyday retail checkout.

In an announcement sent to Cointelegraph, Ingenico said the integration allows customers to pay using stablecoins including USDC (USDC), EURC (EURC) and USDt (USDT) directly from their WalletConnect-compatible mobile wallets without relying on traditional card networks.

Supported wallets include MetaMask and Trust Wallet. Transactions are initiated at the terminal and are settled through WalletConnect Pay’s infrastructure.

Unlike crypto-linked cards that depend on Visa or Mastercard rails, the new setup enables native stablecoin transactions. Payments are sent directly from the user’s wallet, with settlements flowing to the merchant’s payment provider, positioning stablecoins as an alternative settlement rail rather than a card add-on.

Ingenico’s POS terminals are deployed across 120 countries. The company said it has 40 million terminals around the world capable of supporting the feature, giving the integration immediate global reach.

Ingenico said the integration is designed to work within existing merchant payment stacks, requiring no additional hardware upgrades or changes at the checkout counter.

While Ingenico said millions of its terminals are capable of supporting the feature, the company did not provide actual figures on how many merchants will roll out stablecoin payments at launch.

The company said adoption will depend on whether individual merchants and their payment providers choose to enable it.

“Essentially any Ingenico merchant who wants to accept crypto can,” an Ingenico spokesperson told Cointelegraph, adding that availability depends on merchants and their payment providers enabling the option.

Source: CoinTelegraph