Shardeum launches PayFi for internet payments

New Delhi, May 30, 2025.

Autoscaling Layer 1 blockchain Shardeum on Friday announced the launch of its payment solution PayFi to support peer-to-peer, micro and macro payments.

The PayFi will target macro payments like remittances, global payroll, crowdfunding, e-commerce, and institutional settlements, Sharedeum said in a statement, adding that the autoscaling blockchain aims to become the Internet’s default payments layer.

Micro Payments like AI-to-AI transactions, tipping, IoT payments, pay-per-use apps, and real-time bill splitting can be done at a significantly lower fee through the platform, Shardeum said.

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