Seeking Alpha
2023-03-16 21:10:34

Web3 platform HUMBL rolls out digital P2P and merchant payments

HUMBL, Inc. ( OTCQB:HMBL ) said Thursday it has enabled digital peer-to-peer and merchant payments across the web3 platform, allowing its customers to make payments to verified peers via USD Coin ( USDC-USD ), ethereum ( ETH-USD ) and polygon ( MATIC-USD ). In addition, customers will be able to find, pay or request verified merchant payments on the platform, using the same instantly settled digital assets on the blockchain, the company said. The move comes as "we believe that the global markets are going to move from traditional banking and middlemen services, to more inclusive digital wallets," said HUMBL CEO Brian Foote. "Having verified users and merchants on HUMBL, is a natural way for customers around the world to find and send reliable peer payments and transactions between one another without a bank or middleman for verification, sending and settlement,” he added. The payments solution will be available initially through web browser, the company said, while noting it is also working to integrate credit card payments for mobile merchants onto the platform. In September 2022, HUMBL formed a strategic technology alliance with Great Foods2Go .

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