Altitude and Matera Demo QR Payment Standard for Business at Money20/20

Altitude and Matera are jointly demonstrating a business payment application built on the ANSI X9.150 QR payment standard at Money20/20 USA in Las Vegas, showcasing how verified payment instructions can be embedded into an end-to-end invoice-to-payment workflow.

The demonstration centers on the X9.150 standard, a specification developed under the American National Standards Institute framework designed to bring structure and verification to QR-code-based payment instructions. By anchoring business payments to this standard, the two companies argue that enterprises can reduce fraud risk and manual reconciliation errors that plague conventional accounts-payable processes.

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Settlement in the demonstration runs over the Solana blockchain using USDC, a dollar-pegged stablecoin, positioning the workflow as a bridge between traditional business payment rails and digital-asset infrastructure. The choice of Solana reflects an industry trend toward high-throughput, low-cost blockchains for real-value settlement use cases beyond retail crypto trading.

The Money20/20 USA showcase places the collaboration squarely within a broader fintech conversation about standardizing B2B payment flows, where fragmentation across invoice formats, payment networks, and reconciliation systems remains a persistent operational burden for finance teams. Bringing an ANSI-backed standard into that stack offers a compliance-friendly narrative that may appeal to corporate treasury and procurement buyers.

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