Spritz Finance enables Crypto Bill Pay with any token on Polygon

October 11, 2022 – Greenwich, Connecticut

Spritz Finance, which recently launched its beta for US residents, has expanded its bill payment capabilities to support payments with any token on the Polygon network.

This is a huge step forward in realizing the company’s mission to make crypto useful in the real world for millions of people.

Spritz Finance, a Web 3.0 finance app that allows users to pay bills with cryptocurrency directly from their preferred crypto wallets, has launched a new feature to enable TradFi payments with any token on the Polygon network. The function allows users to better integrate the economy both on and off the chain, all from one place.

Spritz beta users in the US can now pay credit cards, mortgages, utilities, student loans and more with any token on the Polygon network, including the network’s native currency MATIC – all without first having to exchange for stablecoins like USDC.

Chris Sheehan, founder and CEO of Spritz, said:

“We knew our users wanted the ability to pay bills with any token, from Polygon’s largest coins to leverage all on-chain rewards generated from DeFi, blockchain-based gaming and income earned by working for DAOs.

“This feature is an integral part of the Spritz platform and saves our customers valuable time and money. By avoiding unnecessary exchanges and fees, more people can use their crypto for daily purchases and monthly expenses seamlessly.”

While still in beta, Spritz is open to anyone with a US bill payment account and crypto held in non-custodial wallets such as MetaMask and Ledger.

Spritz launched on the Polygon network earlier this year, enabling lightning-fast and cheap payment transactions, where gas charges are typically a penny or less. The company plans to expand its cryptocurrency payment capabilities to more blockchain networks in the near future.

About Spritz Finance

Spritz Finance enables IRL bill payments directly from Web 3.0 wallets, on a path to eventually connecting every smart contract and every traditional use of funds in the world, from mortgage payments and credit cards, to monthly utility bills.

With the company’s first product, customers can make bill payments using any crypto token without having to ramp through a bank. The company is currently in closed beta, which can be accessed from the Spritz website.

Consult

David Gardner, Head of Marketing at Spritz Finance