Read about how mtnAPI can enhance your project and reduce time-to-ship
mtnAPI can be leveraged in two ways, through IRL QR codes or programmatically.
mtnAPI mainly serves as standardized infrastructure developers can use to interact with the Solana Pay protocol and enable transaction requests. To implement transaction requests, project teams simply identify their required endpoint and generate a QR code.
Users can then scan the QR code using a Solana Pay-enabled wallet. The user's wallet will send a POST request to the mtnAPI server asking it to return the appropriate Solana transaction based on the encoded URL in the QR code.
mtnAPI goes even further and provides a set of endpoints for developers. The endpoints do the heavy lifting of connecting disparate Solana protocols to give developers a quick way to deliver features to their users.
With programmatic implementation, the developer will need to setup a function and call a POST request to the mtnAPI server. The mtnAPI server then returns the transaction to the user’s wallet.
mtnAPI was built with product-focused teams in mind. Our tooling removes developers' burden of creating infrastructure or complex Solana transaction logic. Teams will now be able to quickly ship products and reach new customers without needing deep technical knowledge of Solana.
Blockchain adoption is booming. Solana provides one of the best onboarding and user experiences for newcomers to crypto due to its speed and low cost. That said, one of the primary friction points for new users remains to be the ease of access to their crypto for day-to-day use cases such as payments or verification of assets (purchase receipts, event tickets, coupons for goods).
Enter mtnAPI, on a mission to help project teams tackle the usability issue directly, particularly with the use of physical QR codes to store transaction request URLs. The advent of advanced mobile wallets and transaction requests via QR codes (scannable by mobile devices) have enabled crypto use cases that mimic traditional consumer behaviors such as physically purchasing goods or services at a POS system. Using blockchain assets to pay for goods or to serve as coupons for purchases will be as easy as using cash or paper vouchers.
Currently, there is $4 billion USDC (stablecoin) on Solana. Plenty of USD pegged liquidity to facilitate day-to-day consumer transaction use cases. In addition, VISA found that 73% of small businesses believe accepting digital payments is fundamental to growth in 2022.
What does this mean for you as a project or organization? There is a growing demand for digital payments and there is enough USDC liquidity on Solana to position the network as a key player in the $68.62 billion digital payments industry.
If you’re thinking about including a seamless payment or asset verification feature to your dApp, now is the time. Ship it to your users quicker with the help of mtnAPI.