Pago Next vs HandlePay

Pago is a lightweight mobile application that connects consumers with physical and online merchants. With nominal transaction fees, Pago can be used to quickly and efficiently send, receive, and save money. Our easy-to-use Transaction Gateway enables a wide variety of users (i.e., individuals, businesses, payment processors, point-of-sale systems, etc.) to experience a seamless and cost-efficient payment experience. Pago uses Algorand’s blockchain to enable users to quickly, securely, efficiently, and cheaply send payments worldwide. Pago provides the following key benefits: SIMPLE Pago provides a simple and easy-to-use payment API for conducting transactions between businesses and consumers. Our Transaction Gateway API makes integration easy without the need for smart contracts. Users can also send and request peer-to-peer transfers. TRANSPARENT Pago uses the Algorand public blockchain with a public, decentralized trust model based on the core principles of transparency and security. We utilize ALGOs as a utility token rather than a security token. SCALABILITY The platform can scale up to 1,150 transactions per second, thereby supporting a large number of users. Developers can easily connect with existing payment ecosystems or develop novel applications and use cases. SECURITY Pago incorporates security at the consensus protocol, network, and user levels. User credentials are secured by the Pago Wallet as well. LOW COST For peer-to-peer payments, the sender pays a transaction fee of less than 1 cent (USD) per transaction. For retail transactions, merchants pay Pago a transaction fee of 1% of the transaction amount. LIGHTNING-FAST SPEED Pago offers high speed and low latency, with transactions committed and settled in under 5 seconds. ADAPTABLE There are limitless opportunities to pioneer novel blockchain-based payment ecosystems using Pago. Pago also promotes stable coins for global commerce and supports the growth of Algorand’s transaction volume and consumer base. INCLUSIVE Pago aims to expand access to digital payments, savings, and lending to a large portion of the world’s population currently excluded by traditional payment systems. Lack of access to financial services is a leading contributor to poverty, and Pago seeks to enhance inclusiveness and borderless access to secure, reliable payment options. Over the course of future updates, the Pago Wallet will be usable for interest-bearing savings accounts, payment transfers, custom payment systems, remittances, and more. The possibilities are truly endless.

Handle Pay is a user-owned money app that helps individuals and businesses in emerging markets receive money, hold value in digital dollars, and move between crypto and practical financial use cases through one unified product. At its core, Handle Pay is built to reduce the friction between traditional payment systems and crypto rails. Instead of forcing users to piece together wallets, exchanges, bridges, bank transfers, and payment apps on their own, Handle Pay brings these experiences into a simpler and more intuitive interface. Users can use Handle Pay to deposit supported assets, receive payments, request money, send funds to other users, withdraw on-chain, and manage balances across different wallet experiences. Over time, the platform is designed to expand into broader money use cases such as savings, local spending, and everyday financial coordination. Handle Pay is not just about accessing crypto. It is about making money more usable. For many users, especially in emerging markets, the real need is not speculation. It is the ability to receive global payments, protect value from local currency instability, and move money with fewer barriers.