Poof, the leading web3 payments infrastructure for money movement, announced immediate support for Fantom’s FTM token on its payment processing platform. Businesses can now integrate one-click Fantom payments across Poof’s embedded financial products from checkout, fiat to digital currency on-ramps, and application programming interfaces. Poof’s integration with FTM offers customers more options to leverage blockchain technology and use FTM to pay for real-world goods and services.
Fantom is a fast and scalable smart contract blockchain, built on an innovative consensus aBFT mechanism called Lachesis. On Fantom, transactions are confirmed in one second and cost a fraction of a cent. Speed, low transaction costs, and high throughput make Fantom ideal for payment settlement, decentralized applications, and real-world use cases. Fantom is also compatible with the Ethereum virtual machine (EVM), making it simple for developers to port existing Ethereum applications to the network and scale their application on Fantom’s blockchain.
Poof expands its payments infrastructure to support Fantom payments across thousands of its digital businesses.
Poof’s collaboration with the Fantom Foundation aims to further scale the Fantom ecosystem into e-commerce and fintech money movement applications. From the integration, Poof enables thousands of digital businesses and individuals to accept and pay with FTM in minutes.