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Tempo Adds New Stablecoin Payment Features
The Tempo team are back at it as new updates are officially rolled out across the network, including access keys and virtual accounts for enterprise.
Tempo offers users and businesses recurring payments and master accounts (Mick Haupt / Unsplash)
Tempo unveils new stablecoin payment features.
The stablecoin network has officially announced several new product updates for incoming users and enterprise clients. Specifically, the team has built special access keys to enable a broad variety of recurring payments, as well as virtual deposit accounts.
Here, access keys are offered and designed as an infrastructure for enabling weekly, monthly or pay-as-you-go stablecoin payments. They can help with regular debit/credit card billing for lease or rent agreements, numerous software subscriptions, and API/token driven costs within a permitted period and allocated budget.
Admin teams also have the opportunity to benefit from a master account that overlooks individual virtual wallet addresses. Tempo intends to make it easier for large teams to reconcile or manage maintenance costs for handling every customer who sends and receives a stablecoin payment (via TIP-20 standard) onchain.
April has been a busy month for the Stripe and Paradigm-backed network, with a new Tempo stablecoin advisory recently launched to help onboard users globally.
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