Bando

Mexico

Honorable Mention - Payments

Description

In our MVP we built a direct connection between the traditional Mexican fiat infrastructure and Solana. Users can do a traditional wire transfer and get any of the 18 assets on Solana that we have available (JITO, ORCA, SOL, USDC, USDT, WEN, and more). Our long term game is being the payments infrastructure to enable spending features for on-chain users. Users can spend their assets directly from their wallets and pay for their bills, tup-up their cellphones, buy things on Amazon or other merchants, or off-ramp their assets. We bundle fiat payment APIs with a wide product catalog to and offer a simple widget that wallets and dApps can implement with an integration as simple as installing an NPM package. Once implemented, the user sees in their favorite wallet or dApp a new button saying “Spend”. When they click it, the widget appears and lets the user buy any gift card in their geography.

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