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Altitude and Matera Demo QR Payment Standard for Business at Money20/20

Summarized from Cryptocurrency

The two firms will showcase ANSI X9.150-based verified payment instructions with USDC settlement on Solana at the Las Vegas fintech conference.

Altitude and Matera Demo QR Payment Standard for Business at Money20/20

Altitude and Matera are bringing a new business payment application to Money20/20 USA in Las Vegas, demonstrating how the ANSI X9.150 QR payment standard can be applied to commercial invoice-to-payment workflows, the companies announced October 19, 2026.

The demonstration centers on verified payment instructions enabled by the X9.150 standard, which is designed to reduce payment fraud and errors by encoding trusted routing data within a scannable code. Settlement in the showcase runs over Solana using USDC, the dollar-pegged stablecoin, pointing to growing industry interest in blockchain-based rails for business-to-business transactions.

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The pairing of a formal ANSI standard with a stablecoin settlement layer reflects a broader trend in commercial payments: institutions seeking the compliance credibility of recognized standards bodies while tapping the speed and cost advantages of public blockchain networks. X9.150 was developed specifically to bring structure and security to QR-code-initiated payments, an area that has seen rapid but often fragmented adoption across retail and corporate use cases.

Money20/20 USA, one of the largest financial technology gatherings in the country, provides both companies a high-visibility venue to court banks, processors, and enterprise buyers who are evaluating next-generation payment infrastructure. A live invoice-to-payment workflow connecting the standard to on-chain settlement could accelerate commercial interest in the approach.

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Frequently Asked Questions

Q.What is the ANSI X9.150 standard?

ANSI X9.150 is a QR payment standard developed to enable verified payment instructions, bringing structure and security to QR-code-initiated payment transactions.

Q.What blockchain and currency are used for settlement in this demo?

The demonstration uses USDC, a dollar-pegged stablecoin, settled on the Solana blockchain network.

Q.Where and when are Altitude and Matera presenting this technology?

The two companies are demonstrating the X9.150-based payment workflow at Money20/20 USA in Las Vegas, with the announcement dated October 19, 2026.

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