Chainlink Payment Abstraction Explained: Streamlining Service Payments

Chainlink, a decentralized oracle network providing reliable data for smart contracts, has launched Payment Abstraction. This new system simplifies payments for its services, enhancing user experience and adoption. In this article, we dive into the functionality of Chainlink Payment Abstraction, exploring how it works and its initial applications like Chainlink Smart Value Recapture (SVR).