Polygon sees Coinme acquisition as entry to payments sector dominated by Visa, Stripe
Summary
Polygon is entering a payments landscape currently led by Visa and Stripe through its purchase of Coinme. Chief executive Marc Boiron noted that this deal enables the firm to manage direct user interactions. Furthermore, it allows Polygon to secure earnings that formerly went to third-party financial middlemen.
CEO Marc Boiron said the Coinme acquisition will help Polygon control customer relationships and capture revenue that previously went to payment intermediaries.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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