Cardona Foundation has started a new payment gateway AdaPay in collaboration with COTI. The payment solution is already Live where users can accept ADA payments and settle them against 35 fiat cryptocurrencies.
The app will simplify accepting and settling ADA payments. Further, it will enable merchants to manage all transactions in real-time. The team was in plans to introduce AdaPay since October that finally took a stable form.
COTI is the first enterprise-grade fintech platform that empowers organizations to build their own payment solution. Interestingly, ADA price has seen steady growth since the news surfaced.