New Program Propels Payment Industry into Blockchain Era
On January 9th, Morph officially launched a groundbreaking payment accelerator program worth up to $150 million, aiming to support payment companies in integrating real-world real-time transactions into the blockchain ecosystem. This initiative marks a significant step forward for the payment industry in embracing digital financial infrastructure.
Infrastructure providers applying to the program must demonstrate production-level integration capabilities, a well-defined security architecture, and a clear implementation plan for payment settlements that can operate efficiently on the Morph platform.
Compliance as a Core Requirement
All participants are required to meet stringent compliance standards, including adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Additionally, applicants must comply with operational restrictions within their respective jurisdictions to ensure legal and sustainable project execution.
This move not only opens new growth opportunities for the payment sector but also accelerates the adoption of blockchain technology in real-world financial applications.