What is Sphynxpay?

SphynxPay is a decentralized payment system associated with Sphynx Labs, designed to enable users and merchants to facilitate cryptocurrency payments in a secure, efficient, and decentralized manner. The system typically integrates with existing blockchain infrastructure, allowing transactions without the need for traditional banking intermediaries. Merchants can accept payments in crypto, and it often connects with other Sphynx tools and platforms, such as their DeFi solutions, providing a seamless way to transact in the new digital economy.

SphynxPay is likely a part of a broader ecosystem, where payments bypass banks and allow for faster, low-cost transactions, with benefits for both users and merchants, such as lower fees and access to global customers.