Crypto.com, the world’s leading premier crypto trading platform, announces a strategic integration of PayPal for seamless crypto payments. Through this integration, Crypto.com will utilize the secure, robust and reliable payment method services to purchase cryptocurrencies. Crypto.com shared this news on its official page, highlighting the significance of this new integration.
Crypto.com Makes it Easier for Crypto Community to Transfer Funds and Purchase Cryptocurrencies
Through this strategic integration of PayPal to Crypto.com, the crypto community can connect their Crypto.com and PayPal wallets for seamless funds transfer and purchase of crypto tokens available in the crypto market. For now, the US-based crypto community can use this facility. However, crypto.com is planning to expand this service at the global level soon.
Crypto.com’s users residing in the United States can add the PayPal wallet as their alternate payment method to purchase cryptocurrencies and top-up Visa cards. Jose Fernandez da Ponte, the Senior Vice President of PayPal, Cryptocurrency, Digital Currency and Blockchain shared Fintech’s vision for the payment methods. He said,
“PayPal has long believed in providing consumers choice and our work with Crypto.com to provide our mutual users the ability to use PayPal to fund their crypto.com purchases is another step in that journey. We’re very excited to offer this ability and expand our collaboration with Crypto.com.”
Way Forward
This integration is of great significance as it eases the payment modules to purchase cryptocurrencies and funds transfer. Crypto.com is expanding its vision to make trading easy and reliable, and for that integrating PayPal to facilitate the crypto community. This integration makes it possible for a layman to purchase and transfer digital currencies.
This integration is a new milestone for both Fintech firms. Previously, both crypto.com and PayPal had also worked together to let the crypto community top-up the Crypto.com Visa card with PayPal to make crypto.com the best exchange option for PayPal USD (PYUSD) and enable it on crypto.com Pay.
Source: https://blockchainreporter.net/crypto-com-integrates-paypal-for-seamless-crypto-payments/