Polygon

by Polygon Labs

Polygon provides the Open Money Stack, a single API for stablecoin payments, settled onchain on the Polygon Chain.

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Blockchain Platforms

Starting priceAverage transaction cost of about $0.002 on Polygon Chain

Pricing modelusage-based

DeploymentCloud API; Public blockchain network

Free trialNo

Company sizeDevelopers, fintechs and enterprises

About

Polygon provides the Open Money Stack, a single API for stablecoin payments, settled onchain on the Polygon Chain.

Polygon Labs offers the Open Money Stack, which adds instant, programmable stablecoin payments to existing infrastructure through one API. The stack covers payins, accounts, currency conversion, payment orchestration, onchain settlement and payouts to more than 100 countries.

Settlement runs on the Polygon Chain, which the company lists at roughly 1.8 second finality and an average transaction cost of about $0.002. Banking partners, KYC vendors, on and off-ramps, wallet infrastructure and FX liquidity are bundled into one contract and one vendor.

Key features

Single API for stablecoin payments; Payins and virtual accounts; Currency conversion; Payment orchestration; Onchain settlement on Polygon Chain; Global payouts in local currency; Programmable balances

Industries served

PaymentsFintechFinancial services

Product details

Vendor

Polygon Labs

Pricing

Average transaction cost of about $0.002 on Polygon ChainNo free trial

Pricing model: usage-based

Visit website for full pricing details

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