Spritz Finance Announces Launch Of Its Bill Pay Product Beta On Polygon Network

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Spritz Finance Announces Launch Of Its Bill Pay Product Beta On Polygon Network
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Spritz Finance is elated to announce that its beta testing for its bill pay product is now open to all Polygon Network users.

Spritz Finance is a Web3 personal finance platform that allows DeFi users to easily pay bills with crypto. Through the Polygon Network, the platform allows users to earn more on-chain while generating passive income streams through NFTs, DeFi, play-to-earn games, and metaverse assets. As per the announcement, the beta testing will begin with users within the United States.

By launching on Polygon, Spritz hopes to be able to program payments from any Polygon smart contract directly to any US bill pay account. Using the Polygon blockchain will also make these payment processes cheaper and faster. The platform seeks to allow users to quickly pay monthly expenses such as mortgages, utilities, rent, credit cards, student loans, or even Netflix subscriptions. All this will be done under one platform.

Commenting on the integration, Chris Sheehan, founder, and CEO of Spritz said:

“The future of work is on-chain. People everywhere are increasingly viewing blockchain as a place to save, invest, and earn income–whether through yield farming, P2E games, or NFTs. The missing link for these folks is a way to use their on-chain earnings to fund their real-life expenses. Spritz is the first web3 native bill pay service, and we’re so proud to be launching on Polygon.”

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Spritz is building the bridges to connect your crypto and real-world personal finances. The platform will allow users to manage and grow their DeFi yields on popular Polygon apps such as Sushiswap, Aave, and Quickswap. Users can use income generated from these yields to grow their stablecoin yield farms, make payments in USDC or tap into other assets held in their Polygon wallets. This will notably be done without the need to unwind positions. 

As an added perk, all Spritz beta users will reportedly enjoy zero transaction fees for any bills paid through the platform. In addition, the Spritz team intends on covering the Polygon gas fees when initiating the bill payment transfer. The offer, however, will only be available for an extended period.

Spritz will be offering unique rewards to early users, including NFTs and POAPs, Spritz swag, airdrops, and other prizes to be announced soon.