Solana Pay Now Offers Merchants Customised Transaction Requests

According to a post by Solana developers, a feature that went live on the protocol this week would help businesses and users with transaction requests. 1/ Solana Pay takes another leap forward with transaction requests — enabling 2-way interactions between merchants and consumers: https://t.co/pQ9ovmFukh 🧵 #SolanaPay — Solana (@solana) May 4, 2022 The transaction request feature allowed merchants to provide consumers with customized transaction links, such as non-fungible tokens (NFTs) or virtual presents. When the merchant receives the wallet address in the request, they can respond with a transaction tailored to the customer’s needs. This means that interactive requests between a checkout app and a mobile wallet would be possible with every Solana transaction. According to the post, customers can receive tokens, invitations, and gifts if merchants and brands offer dynamic experiences. They could include the creation of one-of-a-kind NFTs, personalized discounts, and tokenized loyalty programmes, among other things. Merchants can refuse to react to a transaction request, which might be used to allow permissioned payments in situations where authentication is necessary. Previously, the Pay product could only make one-way transfers between users using Solana’s SOL, USD Coin (USDC), NFTs, and other compatible tokens. According to the developers, wallets by Solana, The new feature is supported by Phantom and Solflare. According ...