back Back

Fuse Labs launches blockchain payments with Fuse Charge

By Leandra Monteiro

July 08, 2022

  • Crypto Payments
  • Ethereum Virtual Machine
  • Fuse Charge
Share

Fuse Web3 payments company Fuse Labs announced the release of a brand new blockchain payments API platform Fuse Charge aimed at bringing crypto payments to the mainstream global economy.

Fuse Charge is a blockchain as a service platform that enables businesses and professional developers to easily incorporate payments powered by the fast and low-cost Ethereum Virtual Machine (EVM)-compatible Fuse Network blockchain into their products, even without prior blockchain development experience.

Blockchain-powered payments have the potential to address major flaws in the existing global payment system, including high transaction fees, excess intermediation, geographic fragmentation, frequent lack of interoperability between platforms, chargebacks, hidden interest, and more. Blockchain technology can achieve this thanks to its fast transfer finality, open access, and peer-to-peer architecture.

Fuse Charge comprises a set of Fuse smart contracts and backend infrastructure tools that are exposed to developers via easy-to-use API’s. At launch, Fuse Charge beta testers will be presented with three APIs: the Admin API for launching tokens and blockchain accounts, the Wallet API for creating mobile wallet applications, and the Trade API for incorporating decentralized exchange trading for tokens.

Since early 2020, elements of the Fuse Charge platform have already previously been used by multiple companies, organizations, and communities to launch blockchain-powered applications on top of the Fuse Studio and Fuse Whitelabel wallet platforms. The most prominent of those include Fuse Cash, Peepl, Bitazza, and Comunitaria.

 

Previous Article

July 08, 2022

UnDosTres raises $30m to develop new financial products

Read More
Next Article

July 08, 2022

Lucinity raises $17m in a Series B funding round to fight financial crime

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

Crypto Payments

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

4 BNPL platforms providing financial freedom to consumers in MENA

Read More

Today

Paytm & Axis Bank to offer POS solutions to merchants

Read More

Today

Klarna integrates Sofort payment service with Klarna Payments

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024