Payxn has taken a significant leap forward by securing 2nd place at the prestigious Circle ProDev Hackathon, held alongside Devcon 2024. Competing against top innovators from around the globe, Payxn stood out with its groundbreaking approach to payment solutions, earning a prize of 12,000 USDC (approximately 700,000 PHP).

Solana’s Speed + Payxn’s Simplicity

Powered by Solana’s Speed + Payxn’s Simplicity, Payxn is built on one of the fastest and most scalable blockchains. This ensures lightning-fast, cost-effective transactions. Users can pay with any token they own, while businesses benefit from instant settlement, making Payxn a versatile and efficient solution for modern payment needs.

Seamless Payments for the Future

Payxn is designed to break down the barriers of crypto payments, offering solutions that cater to both users and businesses:

• Simplified Integration: Payxn’s Solana API enables businesses to accept crypto payments as easily as fiat, removing the complexities of tokens, gas fees, and wallets.
• Gasless Transactions: Leveraging account abstraction, Payxn offers gasless transactions, eliminating the need for users to manage gas fees.
• Universal Payment Links: Businesses can generate payment links that accept any token, streamlining the process for users.
• Interoperability Across Chains: Payxn allows payments on multiple chains like ETH, BTC, SUI, TON, or even $BONK, while businesses receive stablecoins on Solana.
• Mainstream User Experience: By making crypto payments as intuitive as using a credit card, Payxn drives broader adoption.

Boosting Crypto Adoption 

Payxn serves as a vital bridge between decentralized finance and mainstream users, helping businesses tap into the digital asset ecosystem without technical hurdles. Its seamless, scalable, and interoperable approach is set to drive the next wave of crypto adoption.

The $12,000 prize will be reinvested into Payxn's development efforts, ensuring continuous improvement and innovation. As Payxn moves forward, the company remains committed to shaping the future of digital payments.