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#GatePay国家码功能上线 Gate Pay launches country code functionality, initially supporting users in Vietnam and Brazil, covering over 17 million merchants in total. Users can directly use Crypto Assets to make payments by scanning codes at local stores, restaurants, and service venues.
The launch of this feature marks a key step for Gate Pay in its globalization layout and local service capabilities. Since its launch, Gate Pay has been committed to providing a one-stop Crypto Assets payment solution for users worldwide. The addition of country code support not only further perfects the product's international infrastructure but also lays the technical foundation for covering more countries and regions in the future. Gate stated that it will continue to expand market access and accelerate the realization of its All in Web3 strategic layout, promoting the popularity and application of Crypto Assets payment globally.
This move indicates:
1 Compliance Enhancement
Country codes may be used to meet the regulatory requirements of different countries or regions, helping GatePay better comply with local laws and regulations, ensuring the legality and security of payment operations, and reducing compliance risks.
2 Payment Scenario Expansion
Through country code recognition, GatePay may optimize payment processes for different regions, supporting more localized payment scenarios, such as partnering with merchants or financial institutions in specific countries to provide more convenient Crypto Assets acquiring services.
3 User Experience Optimization
For users, the country code feature may simplify the payment process, such as automatically adapting to local currencies, rates, or payment rules, enhancing the convenience and efficiency of cross-border payments.