Altitude and Matera Demo QR Payment Standard for Business at Money20/20
The firms showcase ANSI X9.150-based verified payment workflows with USDC settlement on Solana at the Las Vegas fintech conference.
Altitude and Matera are presenting a live demonstration of the ANSI X9.150 QR payment standard applied to business-to-business transactions at Money20/20 USA in Las Vegas, highlighting how the standard can bring greater verification and structure to commercial payment workflows.
The demonstration centers on how X9.150 enables verified payment instructions embedded within a connected invoice-to-payment process, addressing a long-standing friction point in B2B finance where payment routing errors and fraud remain persistent risks. The integration links invoice data directly to payment execution, reducing manual reconciliation steps.
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Settlement in the showcase runs on USDC, a dollar-pegged stablecoin, over the Solana blockchain — a pairing that signals growing institutional interest in using regulated digital assets and high-throughput public ledgers as settlement rails for everyday commercial transactions, not just speculative use cases.
The ANSI X9.150 standard is a formal financial-industry specification designed to standardize QR-code-based payment instructions, giving it potential interoperability advantages over proprietary QR formats already common in consumer payments. Applying it to the business payments context, as Altitude and Matera are doing, represents an extension of the standard's intended scope.
Money20/20 USA, held in Las Vegas, is one of the financial technology industry's largest annual gatherings, making it a common venue for companies to debut standards-based infrastructure plays aimed at banks, fintechs, and enterprise treasury teams. Continue reading at Cryptocurrency.
