Interlace Showcases Innovations in Web3 Payments at Consensus 2025 Event in Hong Kong

Interlace at Consensus 2025: Connecting Global Web3 Firms in the Year of PayFi

From February 18 to 20, 2025, the Consensus Hong Kong event took place at the Hong Kong Convention and Exhibition Centre, drawing significant attention from industry leaders in the Web3 and fintech sectors, particularly regarding innovative payment methods. This year is notably termed as the 'Year of PayFi' in the cryptocurrency domain, marking a pivotal shift towards integrating financial services with modern payment systems.

During this standout event, Interlace, a prominent fintech infrastructure provider, was front and center at the highly anticipated PayFi Summit 2025. Alongside influential partners such as the Solana Foundation, Huma Finance, and DePHY, Interlace unveiled key developments in the arena of cross-border payments. This summit focused on sharing insights into the advancements in PayFi, emphasizing its potential applications, emerging trends, and the promising future within the sector.

PayFi, short for Payment Finance, represents a cutting-edge model that interweaves payment systems with financial services through blockchain technology. As highlighted by Lily Liu, Chair of the Solana Foundation, this revolutionary approach is designed to enhance transaction efficiency and reduce costs, ultimately transforming the user experience in finance. The intention behind PayFi is to foster the creation of a sophisticated financial ecosystem integrated with innovative products and services.

At the core of Interlace's mission is their commitment to driving technological innovation within financial services. Recognized for their leadership in card issuing infrastructure, Interlace specializes in providing cost-effective, multi-currency financial solutions that connect traditional Web2 frameworks with emerging Web3 markets. This transition is crucial for enhancing the utilization of stablecoins in cross-border payments, thereby enabling more scalable and efficient transactions across borders.

Interlace's suite of services includes offerings such as Card as a Service (CaaS), Banking as a Service (BaaS), and Wallet as a Service (WaaS), allowing businesses to easily integrate financial functionalities into their existing systems using APIs. Moreover, Interlace supplies vital solutions like global account systems, merchant acquiring services, and the issuance of both virtual and physical cards.

During the summit, CEO Michael Wu elaborated on Interlace’s all-encompassing CaaS solution, which addresses the entire lifecycle from wallet management to card issuance. This includes crucial features such as multi-BIN card issuance, cryptocurrency transaction monitoring (KYT), and customer verification processes (KYC) that can be executed through both API integrations or hosted modes. This framework ensures a transparent and manageable flow of funds throughout every transaction stage. Additionally, Interlace is capable of supporting on-chain transfers and multiple account fund allocations, streamlining operations involving top-ups, transfers, and card issuance tailored to diverse use cases.

In terms of specific offerings, the CaaS model developed by Interlace facilitates multi-BIN configurations which are essential for businesses seeking to implement global card issuance strategies. The robust risk management and anti-fraud mechanisms integrated into their systems provide real-time monitoring, thus securing customer assets against potential threats. Interlace also offers a customizable white-label API integration, enabling clients to personalize card designs and enhance their brand recognition rapidly.

Moreover, Michael Wu emphasized the growing importance of stablecoins within the realm of international transactions. By leveraging cutting-edge technologies, Interlace aims to deliver exemplary infrastructure that enhances both security and efficiency in fund transfers, thus equipping institutions and clients with vital competitive advantages as the cryptocurrency landscape continues to evolve alongside established payment platforms.

Founded in 2019, Interlace has rapidly positioned itself as a leading force in the fintech industry, achieving the highest level of security certification, PCI-DSS Level 1, recognized globally in card payment processing. The company has successfully obtained crucial licenses across key international markets, including the U.S. and Lithuania. Interlace has issued over 4.5 million cards while providing services to approximately 7,500 businesses worldwide, facilitating over 60 million transactions each year. This impressive track record underscores Interlace's steadfast dedication to advancing financial technology and enhancing global payment experiences.

In conclusion, as we continue into the 'Year of PayFi,' the innovations and insights presented by Interlace at Consensus 2025 are indicative of the transformative potential poised to reshape the financial landscape and broaden the accessibility of payment solutions across the globe.