TechFlow news, on February 17, the Mercedes-AMG Petronas F1 Team officially announced on social media that its online store now supports payments via FTX Pay. FTX Pay is a service provided to merchants for accepting payments in digital assets or fiat currency. For digital asset payments, the user's FTX account will be debited an amount equivalent to the selected digital asset equal to the amount due to the merchant. FTX facilitates seamless payments from users to merchants by providing payment infrastructure, enabling merchants to accept digital asset payments without bearing any volatility risk associated with digital assets.
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