The worldwide client base of Crypto.com will have access to a wide variety of new global merchants as a result of a strategic relationship that was recently announced between Triple-A and Crypto.com. Crypto.com users will soon be able to make purchases from renowned e-commerce companies directly using cryptocurrency from inside their trusted Crypto.com wallets, and they will also be able to earn special crypto rewards. This initiative will begin in Singapore.
Soon, users of Crypto.com will be able to take advantage of an improved checkout process across a wide range of online retailers operating in many different sectors, including gaming, fashion, luxury, and travel. In order to facilitate cryptocurrency transactions, Triple-A eliminates the need for customers to transfer their digital assets into their native currency, providing a quick and uncomplicated method.
The collaboration between the two companies located in Singapore demonstrates Crypto.com and Triple-A’s dedication to the common goal of making cryptocurrencies a payment option that is easily accessible and used on a daily basis. Their goal is to enable consumers to make purchases directly with their cryptocurrency balances by doing away with conversion costs and streamlining the payment procedure.
This agreement gives businesses access to a fast growing audience of customers who possess cryptocurrency, and it makes the process of incorporating cryptocurrency into their payment suite as straightforward as integrating any other payment option now available. The completely regulated solution offered by Triple-A protects merchants from the volatility of cryptocurrencies and allows them to take advantage of next-day settlements directly in their local currency. Additionally, there is no need for merchants to keep, manage, or report any digital assets. Additionally, Triple-A guarantees that all transactions will continue to be conducted in fiat currency, so giving businesses with a payment experience that is consistent, reliable, and consistent with their current payment operations.
Eric Barbier, CEO at Triple-A stated:
“Our collaboration allows merchants to provide Crypto.com users with an optimized digital currency payment user journey. With Crypto.com as an additional payment option, select merchants can accept crypto without exposure to volatility, thanks to our instant conversion model, and settle transactions in their preferred currency with next-day bank deposits.”
Eric Anziani, President and COO of Crypto.com stated:
“We are constantly looking to push boundaries when it comes to integrating crypto payments into real-world scenarios and enhance shopping experiences for our users. Partnering with Triple-A enables us to do this by expanding crypto payments to a range of popular brands, creating a seamless shopping experience and providing an opportunity to earn cashback rewards to make spending crypto even more rewarding.”
Triple-A, a financial institution that is licensed to deal in several digital currencies, gives companies the ability to send and receive payments in both conventional and digital currencies without experiencing any fluctuations in value. It reduce expenses and allow speedy global payments around the clock by avoiding middlemen and banking hours. This makes it easier for companies all over the globe to manage their cash flow.
In addition to maintaining the highest possible regulatory requirements, its white-label payment systems are designed to fit in seamlessly with the operations of an existing firm.
Source: https://thenewscrypto.com/crypto-com-and-triple-a-partner-to-enable-seamless-direct-crypto-payments/