Processing ERC-20 Token Transaction on the Polygon Network

Polygon Network for ERC-20 Crypto Payments

Polygon is a decentralized network that enables the creation of scalable blockchain applications. It is built on top of Ethereum and is interoperable with it, which means that it can use Ethereum's infrastructure and support the same set of tools and protocols.

One way that Polygon can be used for crypto payments is by building payment-focused decentralized applications (dApps) on the network. These dApps can use Polygon's fast and inexpensive transaction speeds to facilitate the transfer of cryptocurrency between users.

In addition to building payment dApps, Polygon can also be used to enable other types of blockchain-based applications that involve the transfer of value, such as exchanges, lending platforms, and peer-to-peer marketplaces.

Poof provides one-click smart contract HD wallet generation for the Polygon network.

Polygon ERC-20 Payments API

Minimal proxy contracts are a type of smart contract that can be used on the Polygon network (formerly known as Matic Network) as well as other blockchain platforms. As with other blockchain networks, minimal proxy contracts on Polygon serve as a simple proxy, or intermediary, for executing other contracts. They are designed to be lightweight and efficient, and can be used to reduce the complexity and cost of deploying and interacting with more feature-rich contracts.

Poof runs contracts on the Polygon network to process Polygon ERC-20 token payments such as USDC and USDT.

Running API calls on Poof gives you access to Poof's Polygon's decentralized proxy smart contract, including address generation, flush calls, and other features to help you create your own payment processor or exchange.

What ERC-20 Tokens Does Poof Support on Polygon?

Poof currently supports Polygon on Avalanche. Tokens supported include USD Coin (USDC).

Poof supports Polygon Smart Contract API calls in with its

  1. Polygon Java API
  2. Polygon C++ API
  3. Polygon Python API
  4. Polygon Javascript API
  5. Polygon PHP API
  6. Polygon Swift API
  7. Polygon Ruby API