In today’s rapidly evolving digital payments landscape, Gate, a global leader in crypto asset trading, has officially launched an innovative National Code feature for its payment product, Gate Pay. This new capability initially covers the Vietnamese and Brazilian markets, enabling users to pay with cryptocurrency at over 17 million merchants across both countries simply by scanning a code.
This marks a pivotal step for crypto payments in global expansion and localized services, bringing blockchain technology into real-world scenarios worldwide.
01 Connecting National Payment Systems: Gate Pay’s Global Strategy
The global payments sector is undergoing a digital transformation, with consumers increasingly embracing digital payment solutions. At the forefront of this revolution, Gate Pay has garnered widespread attention for its innovative crypto payment solutions.
The launch of the National Code feature is a key milestone in Gate’s "All in Web3" strategy.
This feature allows Gate Pay to automatically detect the user’s country during transactions and intelligently match the optimal payment channel and settlement method.
Users don’t need to change settings or convert currencies—the system automatically handles exchange rates and payment verification, delivering a seamless experience with one-tap scanning, instant on-chain settlement, and ultra-low fees.
02 Vietnam and Brazil: A Breakthrough for Crypto Payments
Gate Pay’s National Code feature is debuting in two strategic markets—Vietnam and Brazil—by directly integrating with local national payment systems.
Vietnam: Full Integration with the VietQR System
In Vietnam, Gate Pay has partnered with authorized collaborator AEON to support the widely used VietQR system, now available at over 2 million merchants.
For everyday purchases, users simply scan the merchant’s VietQR code with Gate Pay to pay using stablecoins like USDT and USDC—no need for fiat conversion or extra steps.
Brazil: Integration with the Central Bank’s Instant Payment Network
In Brazil, Gate Pay supports Pix, the instant payment network launched by the country’s central bank. Since its rollout in 2020, Pix has become one of Brazil’s most popular payment methods, reaching over 15 million merchants and 170 million users.
By integrating with Pix, Gate Pay enables Brazilian users to pay with crypto in familiar settings—from coffee shops and restaurants to tuition and utility bills.
03 Beyond Traditional Payments: Gate Pay’s Technical Edge
Gate Pay, as Gate’s cutting-edge payment product, stands out by transforming complex crypto transactions into simple, convenient daily payment experiences.
Streamlined User Workflow
Compared to traditional crypto payment solutions, Gate Pay significantly simplifies the process:
- One-tap scan-to-pay: Just scan the merchant’s national standard QR code to complete payment
- Automatic currency conversion: The system matches exchange rates and verifies payments automatically
- Instant on-chain settlement: Funds are credited immediately upon payment
Robust Security Assurance
Gate Pay leverages Gate’s years of expertise in security and risk management, along with its advanced crypto infrastructure. End-to-end encryption and real-time risk monitoring ensure every transaction is transparent and reliable.
Whether paying on-chain or scanning a code in person, users can pay with crypto assets in a secure, frictionless environment.
04 The Future of Crypto Payments: Broader Support, Wider Reach
According to public information, Gate Pay is actively expanding the range of supported cryptocurrencies. As early as September 2024, Gate Pay announced support for payments with over 50 cryptocurrencies, with plans to exceed 300 supported coins by Q4 2024.
Looking ahead, Gate Pay aims to further extend National Code coverage to more emerging markets and major economies, as well as introduce broader compatibility with stablecoins and leading blockchains—helping build a unified global Web3 payment network.
05 Integrated into the Gate Ecosystem: Comprehensive Digital Asset Services
Gate Pay isn’t a standalone product—it’s deeply integrated into Gate’s broader ecosystem. Founded in 2013, Gate is one of the world’s leading crypto exchanges, serving over 42 million users and supporting more than 3,600 crypto assets for trading.
As an industry benchmark, Gate pioneered 100% proof of reserves, and its ecosystem spans diverse services including Gate Wallet and Gate Ventures.
Through the Gate ecosystem, users can enjoy a complete digital asset management and payment experience.
Seamless Connection Between Payments and Trading
Gate’s payment system enables users to:
- Make purchases with widely accepted branded debit cards
- Complete transactions via authorized partner apps
- Use QR code technology for in-store purchases
- Set up direct deposits for payroll
- Buy, sell, or hold specific digital assets
06 Why Choose Gate Pay? A Revolutionary User Experience
Compared to traditional crypto payment methods, Gate Pay delivers a superior user experience in several ways:
Lower Barriers to Entry
Traditional crypto payments often require users to understand complex wallet addresses and transaction processes. Gate Pay’s National Code feature and QR code payments dramatically lower the barrier, making crypto payments accessible even for newcomers.
Even those new to crypto can easily complete payment transactions.
Seamless Integration into Everyday Life
Gate Pay is designed to make crypto payments a natural part of daily life. Whether enjoying breakfast at a café in Vietnam or shopping at a mall in Brazil, users can pay with crypto in ways that match local payment habits.
This seamless experience is a major step toward mainstream adoption of crypto payments.
Looking Ahead
From the streets of Saigon to the beaches of Rio de Janeiro, Gate Pay is quietly transforming how people use money around the world. As one user remarked after trying it: "Scanning a QR code and paying with crypto is as easy as using any local payment app."
In the future, as Gate Pay expands to more countries and connects with additional local payment systems, paying for your morning coffee or settling bills with digital currency will become routine for tens of millions.
The crypto payment revolution isn’t just on the horizon—it’s already becoming part of our everyday lives.
