What is Solana (SOL) Pay and how does it work? By Cointelegraph

PayPal (NASDAQ:) was a massive innovation in the payment processing industry. The financial brainchild of Peter Thiel, Max Levchin and eventually Elon Musk aimed way ahead of its time, facilitating instant payments between customers, businesses and more while using the internet.

(GROUND) Pay is considered by many to be the next innovation in payment processing, making payments easier while taking into account non-fungible tokens (NFT) and Web3. Some go so far as to call Solana’s new payment protocol Web3’s Visa (NYSE:) or PayPal. This article will break down Solana Pay and how it works so you can decide if the project is all it’s meant to be.

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