merchants

WeChat Pay officially launched the AI native access toolbox, providing low-threshold payment integration solutions for merchants and developers, supporting the rapid generation of payment function code through natural language commands.The toolbox consists of Skill packages, AI-friendly documentation, and APIs, supporting one-click calls in mainstream AI development environments. Among them, the "verbal code generation" feature can compress a development process that originally took days into minutes, enabling quick access to more than 20 functions such as mini-program payments, H5 payments, refunds, and revenue sharing.At the same time, the toolbox has built-in AI diagnostic capabilities that can automatically identify code logic issues and provide repair suggestions, reducing financial and system risks during the integration process. For developers with existing systems, it also supports interface debugging and old code upgrades. This upgrade further promotes the standardization and AI integration of payment capabilities, lowering the digital operation threshold for small and medium-sized merchants.

According to CoinDesk, Square, led by Jack Dorsey, has begun automatically enabling Bitcoin payment features for millions of U.S. merchants, with transactions instantly converted to dollars at checkout. Merchants can receive Bitcoin without additional setup and do not bear the risks of price volatility and custody.This feature includes near-instant settlement and waives processing fees until 2026. Square stated that this is an important step in integrating Bitcoin into everyday business, with merchants defaulting to receive dollars without needing to change their accounting practices or hold crypto assets. It is reported that 78% of Square's users are from the U.S., while 22% are from international markets. Previously, PayPal launched the dollar-pegged stablecoin PYUSD to tens of thousands of users across its 70 global markets, promoting digital payment applications.

Binance Co-CEO Richard Teng posted on the X platform that over 21 million merchants now accept Binance Pay, and cryptocurrency is becoming a global business standard.

According to official news, $SUN has officially integrated AEON Pay, opening a new era of cryptocurrency payments. $SUN is now fully connected to the AEON Pay payment system, covering over 50 million online and offline merchants worldwide. Users can easily use $SUN for payments in diverse scenarios such as shopping, dining, and entertainment.This strategic cooperation between $SUN and AEON Pay is not only a large-scale extension of the liquidity of the TRON ecosystem into everyday consumption scenarios, but also an important milestone for $SUN in laying out an AI-driven digital economy. $SUN is accelerating its evolution from a purely cryptocurrency asset to a core payment tool in the digital economy era.

PayPal and the National Cryptocurrency Association (NCA) survey shows that 39% of U.S. merchants have accepted cryptocurrency payments, and 84% expect it to become the norm within five years.Strong consumer demand: 88% of merchants have received inquiries from customers about cryptocurrency payments, with the highest demand from millennials (77%) and Generation Z (73%); the hospitality industry (81%) and digital goods and luxury retail (76%) lead the way. 90% of merchants stated they would accept cryptocurrency payments if the process were as simple as credit cards.Additionally, among the top 25 U.S. banks by assets, 15 have launched or announced Bitcoin custody trading services, including JPMorgan, Goldman Sachs, and Morgan Stanley. Analysts believe that 2026 could be a turning point for cryptocurrency payments.

A recent survey released by PayPal shows that nearly 85% of surveyed merchants expect cryptocurrency payments to become the norm within the next five years. The survey was conducted in late October 2025, covering approximately 620 "payment strategy decision-makers."The survey data indicates that nearly 90% of merchants reported receiving inquiries from consumers about using cryptocurrency for payments, with about 40% of merchants already supporting crypto payments at checkout. Among those who have accepted cryptocurrency payments, a significant portion stated that crypto payments account for more than a quarter of their total sales, and about three-quarters of merchants reported an increase in related sales over the past year.May Zabaneh, Vice President and General Manager of PayPal's crypto business, stated that cryptocurrency payments are moving from the experimental phase to everyday commercial applications, driven primarily by consumer demand for faster and more flexible payment methods. Once merchants start to adopt it, they can see the actual value.In terms of scale, the adoption of cryptocurrency payments is mainly driven by large enterprises. Among companies with annual revenues exceeding $500 million, about 50% have accepted cryptocurrency payments, while the proportions for small and medium-sized enterprises are 34% and 32%, respectively. Additionally, about 90% of merchants indicated that they would be willing to try cryptocurrency payments if the experience and onboarding process could match that of traditional card payments.The background of this survey is closely related to the progress of stablecoin regulation. Following the implementation of the GENIUS Act, clear guidelines for the issuance and trading of stablecoins have emerged. PayPal, as one of the earliest mainstream payment institutions to engage with stablecoins, is seeing its related practices followed by more banks and fintech companies.

Visa's Head of Crypto Cuy Sheffield stated in an interview with Reuters that Visa is working to integrate stablecoins into its existing payment systems to maintain its market leadership. Currently, the settlement volume of stablecoins has reached an annualized scale of $4.5 billion, which, although only a small portion of Visa's total payment volume of $142 trillion last year, shows significant monthly growth.Sheffield pointed out that despite the circulation of stablecoins exceeding $270 billion, mainstream merchant acceptance remains limited, and there is currently no large-scale merchant acceptance network. Visa has launched several stablecoin-related projects, including a stablecoin payment card, and will initiate a pilot in December that allows select U.S. banks to settle with Visa using Circle's USDC.

Payment giant Square has launched a Bitcoin payment feature, allowing merchants to activate it at the POS terminal. Currently, it only supports offline and terminal payments, with online and invoicing features in development. The official announcement states that there will be no transaction fees until 2027, after which a fee of 1% is expected. Currently, the Square ecosystem covers 8 countries and over 4 million merchants; some users have reported experiencing this feature at coffee shops in the United States, and Cash App has simultaneously launched a global map supporting BTC merchants.

According to an official announcement from Square, its Bitcoin payment feature has officially launched, allowing merchants to choose from four payment methods: BTC → BTC, BTC → fiat, fiat → BTC, or fiat → fiat.Square founder Jack Dorsey stated on the X platform that this feature allows sellers to directly receive Bitcoin into their Square wallet or choose to automatically convert it to USD for settlement, marking the formal integration of Bitcoin payments into the mainstream merchant system.

ChainCatcher news, according to Jinshi reports, the macro research team of Zheshang Securities stated that the Federal Reserve is expected to cut interest rates by 25 basis points this month, and the dot plot anticipates two consecutive rate cuts in the remaining two meetings of the year. Powell pointed out that this rate cut is a "risk management" cut. Although the dot plot indicates that there is still room for rate cuts this year, Zheshang Securities believes that there is still a possibility of a reversal in easing expectations, mainly due to changes in the core momentum of the U.S. economy and the stability of the unemployment rate.

ChainCatcher news, according to the official announcement, OKX C2C has officially launched a new "Beginner-Friendly" order. To assist new users in smoothly completing C2C cryptocurrency purchases, OKX is committed to providing a better experience by strictly selecting quality merchants, offering comprehensive guidance, and providing dedicated support, allowing new users to get started more easily in trading. After updating the OKX APP to the latest version (version number 6.136), new users can find the "Beginner-Friendly" order in the pinned area on the OKX C2C buy cryptocurrency homepage, or prioritize matching in the "Quick Trade" section, as well as directly select the "Beginner-Friendly" order for trading in the filtering function.It is reported that OKX C2C new users can enjoy the following benefits: higher cryptocurrency purchase completion rate; priority matching with "Beginner-Friendly" merchants in quick trades; zero transaction fees (no fees during the C2C buying and selling process); experienced merchants who can quickly address common issues faced by beginners; comprehensive guidance for beginners, assisting users throughout the entire process of trading, payment, and releasing funds; high credit and service efficiency (merchants are selected based on risk control systems and merchant quality); timely responses and smooth communication, providing instant online services to ensure user issues are addressed and resolved promptly.

ChainCatcher news, the mobile crypto payment product AEON Pay is now integrated into OKX Wallet, allowing users to directly access the AEON Pay dApp within the wallet and use cryptocurrencies to spend at over 20 million offline and online merchants worldwide, further expanding the real-world use cases of crypto assets.AEON Pay has partnered with several mainstream wallets and exchanges, reaching tens of millions of users, including Bitget Wallet, KuCoin, Bybit, TokenPocket, Solana Pay, and more.

ChainCatcher news, according to a report from Jinshi Data citing a research report from China Merchants Macro, Powell still worries about the risk of stagflation, which means that as long as the inflation gap is higher than the employment gap, the Federal Reserve will find it difficult to cut interest rates.In June, the Federal Reserve provided a forward-looking judgment on the risk of stagflation, and in July, it continued this tone. Powell's concern about "inflation" is clearly higher than his concern about "stagnation." The most important statement is that "current inflation is above the target level, employment is at the target level, therefore policy should remain moderately restrictive." What Powell needs to confirm is that the tariff inflation shock is fully reflected.