Crypto Focused: Charge Transforming Web3 Banking Landscape
Charge: The First Web3 Merchant Bank
Fuse, a blockchain payment platform, has launched Charge, the first Web3 merchant bank offering a wide array of crypto and fiat payment solutions. Announced on October 8, Charge aims to support blockchain businesses by providing various services from payments to invoicing.
Empowering Businesses with Low Fees
- Charge targets small to medium-sized businesses.
- Offers competitive transaction fees of only 0.5%.
- Supports transactions in multiple cryptocurrencies and fiat currencies, simplifying international trade.
Full Control and Integration
Charge differs from traditional banks as it allows clients to retain full control over their assets at all times. This flexible solution serves both Web3 and Web2 environments, making it ideal for crypto startups and e-commerce.
- Offers full Application Programming Interface (API) integration for developers.
- Ensures strong security measures for client assets.
The Future of Web3 Payments
As cryptocurrency gains acceptance in cross-border trade and e-commerce, Fuse is addressing challenges like high fees and security concerns. Charge is designed to resolve usability, privacy, and trust issues, facilitating faster adoption of crypto payments.
With the Web3 payment sector projected to reach $3 billion by 2025 and an annual growth rate of 40%, Charge is positioning itself as a leader in the evolving financial landscape.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.