Vite Labs, creators of a feeless, high-performance public chain and the first of its kind to implement DAG-based smart contract capability, has announced a strategic partnership with Paytomat by Deep Dive Research, a decentralized payment system.
Paytomat is used by more than several hundred merchants to accept crypto in cafes, restaurants, stores, etc. Vite and Paytomat will be exploring ways to improve the performance of its crypto payment infrastructure.
Vite’s payment solution — VitePay was originally used in ViteStore, an online merchant for selling Vite swag. Later in 2019, Vite developed with Alchemy a crypto payment solution in Singapore and other countries in Southeast Asia.
The partnership with Paytomat will bring Vite the opportunity to develop payment business in Russian speaking countries, and also support Paytomat to have more users in other countries.