Crypto: Ton Pay Aims To Turn Telegram Into A Crypto Checkout Layer For Ton
TON Pay’s new SDK lets Telegram Mini Apps accept Toncoin and stablecoins in a single, low-fee checkout flow, seeking to make TON a payments rail for its 1.1 billion monthly active users.
The Open Network Foundation has launched TON Pay, a new payments software development kit (SDK) designed to make cryptocurrencies usable for everyday consumer transactions within the Telegram ecosystem.
In a Monday release shared with Cointelegraph, the product is positioned as a simple, wallet-agnostic payment layer that allows merchants and Mini App developers to accept crypto directly through Telegram, aiming to turn the app into a hub for seamless blockchain-based commerce.
According to the TON Foundation, TON Pay provides developers with a single software kit that integrates with Telegram Mini Apps, removing much of the friction associated with managing wallet infrastructure, settlement, and checkout flows.
TON Foundation’s vice president of payments, Nikola Plecas, said the tool allows merchants to “accept payments seamlessly and natively on TON through a simple SDK integration,” adding that it works across various wallets and tokens, including Toncoin (TON) and Tether’s USDt (USDT).
The system was designed for scale, he said, with targeted sub-second transaction times and average fees below one cent. According to Plecas, the ultimate goal is to “power transactions for Telegram’s global audience of over 1.1 billion monthly active users.”
By embedding payments directly into Telegram, TON Pay seeks to reduce common barriers to crypto adoption, such as multi-step checkouts, pre-paying gas fees, and the lack of straightforward merchant tools.
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Initially, TON Pay will operate within Telegram Mini Apps, with plans to expand to web environments and other platforms over time.
Plecas said the Foundation was focused on refining the in-app experience first, noting that “onchain Telegram-based commerce is an enormous opportunity.”
Source: CoinTelegraph
