Xion Global — July 2023 Update — A Journey Towards Global Adoption for Web3 Payments
At Xion Global, we are at the forefront of a transformative journey, pioneering the future of Web3 payments infrastructure.
Our mission is to revolutionize the way businesses and consumers transact in the digital world, and we are committed to making this vision a reality through our innovative Web3 payment solutions.
Over the past few months, we have been tirelessly working towards our goal of adoption for Web3 payments. We have made significant strides, achieving numerous milestones that have not only validated our efforts but also strengthened our resolve to continue pushing the boundaries of what’s possible in the realm of Web3 payments.
Our team of dedicated professionals, backed by the unwavering support of our community, investors, and partners, has been instrumental in these achievements. We are successfully navigating through the complexities of the digital payment landscape, developing and implementing solutions that are not only technologically advanced but also user-friendly and accessible.
From the launch of Xion Pay to securing imminent multiple POC rollouts with FSP providers, from introducing one-click in-game payments to launching the Cross-Chain Payments Protocol, Merchant Hierarchy System and API Solution, we have been continuously innovating and improving our offerings.
Each of these milestones represents a significant step forward in our journey, bringing us closer to our ultimate goal of global adoption for Web3 payments.
As we reflect on our recent achievements, we are filled with gratitude for the support we have received and the progress we have made. However, we also recognize that this is just the beginning of another exciting journey.
The road ahead is filled with opportunities and challenges, and we are excited to continue our journey, pushing the boundaries of innovation and transforming the world of Web3 payments infrastructure.
Here’s an overview of Xion Global’s recent achievements.
1. Soft Launch of Xion Pay
In our continuous effort to make crypto payments more accessible and easier for businesses, we soft-launched Xion Pay, a new payments product powered by the Polygon network.
Xion Pay offers multiple Web3 payment options, including instant USDT settlement on Polygon for merchant payouts. Providing businesses with a vast array of Web3 payment solutions to monetize, track, manage payments, convert to FIAT, and more, all through a user-friendly and intuitive Web3 payments platform.
With a focus on global decentralized payments, Xion Pay recognizes the importance of providing merchants and users alike with innovative Web3 payment solutions and user-friendly experiences to drive conversion rates and enhance the overall purchasing experience.
Xion Pay offers a range of integration options from smart payment links, checkout buttons, and thanks to our developer-friendly suite of API documentation & tools, it’s never been easier to add Xion Pay’s single API solution for unlimited monetization models and custom UI/UX capabilities.
2. API Developer Dashboard, Playground and SDK Automation
In our ongoing mission to bridge the gap between Web 2.0 and Web 3.0, we prioritised making the integration process as seamless as possible through a single API integration or SDK. We understand that the complexities of Web3 can be daunting, and we are committed to simplifying this process for businesses to integrate seamlessly.
To this end, we successfully developed an API Developer Dashboard and Playground including SDK automatic generation for Java and C# with more tech stacks available on request.
These advancements have been instrumental in revolutionizing the world of payments in Web3, making it more accessible and user-friendly for businesses and developers alike.
We would like to express our gratitude to our valuable partner, APIMatic.io, for their assistance in the development of Xion’s API solution. Their expertise and support have been crucial in helping us achieve our goals.
3. Securing POC Rollouts with FSP Providers
We have successfully secured multiple Proof of Concept (POC) rollouts with Financial Service Providers (FSP).
These partnerships are a testament to our commitment to integrating blockchain technology into mainstream financial services.
We believe that these collaborations will pave the way for more widespread adoption of Xion’s solutions.
4. One-Click In-Game Payments
Recognizing the growing influence of the gaming industry, we introduced one-click payments.
This feature allows gamers or everyday Web3 users to make purchases using a wide range of cryptocurrencies and networks.
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By simplifying the payment process, we aim to enhance the gaming experience and encourage the adoption of Web3 payments in the gaming industry and more.
5. Launch of Cross-Chain Payments API Solution in Partnership with Elk Finance.
In our quest to provide seamless and interoperable payment solutions, we launched the new Cross-Chain Payments Platform (CCPP) API solution in collaboration with ELK Finance.
This solution allows businesses to accept payments in various digital currencies across different blockchain networks.
This cross-chain approach not only provides flexibility for businesses but also ensures faster and more efficient transactions.
6. Merchant Hierarchy System
Xion has recently introduced an innovative Merchant Hierarchy System, designed to empower businesses with greater control and revenue opportunities.
This system allows Master Merchants to set fees and onboard Sub-Merchants, creating a structured network that enhances operational efficiency and revenue generation.
The Merchant Hierarchy System is particularly beneficial for larger corporations and businesses, enabling them to onboard clients effortlessly.
Once registered, these clients become Sub-Merchants under the Master Merchant, who then has full control over their profiles, KYC, AML, and more.
One of the standout features of this system is the shared transaction fee model. Master Merchants earn a share of the transaction fee from every transaction processed by their Sub-Merchants. This not only provides an additional revenue stream for Master Merchants but also incentivizes the onboarding of more Sub-Merchants.
Furthermore, this system opens up opportunities for affiliates to earn passive income by onboarding Merchants to Xion’s unique Web3 payments solution.
It’s a win-win model that benefits all parties involved and further solidifies Xion’s position as a leading provider of innovative Web3 payment solutions.
7. New Corporate Partnerships and SDK Listings
We are thrilled to announce that we have several exciting new partnerships in the pipeline.
These collaborations will expand our reach and provide more businesses and users with access to Xion’s innovative Web3 payment solutions.
Additionally, we have new SDK listings coming soon, which will further enhance the functionality and accessibility of our services to millions of users.
The Road Ahead
These milestones are not just achievements but stepping stones towards our ultimate goal of global adoption for Web3 payments.
We believe that blockchain technology has the potential to transform the financial landscape, and we are at the forefront of this revolution.
At Xion Global, we are continuously innovating and improving our solutions to meet the evolving needs of businesses and consumers.
We are grateful for the support of our community, partners and investors, and we look forward to sharing more exciting updates in the near future.
About Xion Global
Xion Global is a multi-chain Web3 crypto payments gateway. Makin’ it easy to accept and send crypto payments, reward customers with cashback and build loyalty. As a preeminent payments infrastructure provider for Web3 payments, Xion is dedicated to delivering superior decentralized payment solutions to businesses and users globally.
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