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Crypto.com Partners with Triple-A to Revolutionize Crypto Payments in E-Commerce

21 November 2024
in Crypto, News
Reading Time: 3 mins read
108 3
Home News Crypto

Crypto.com has partnered with the Singapore-based payments platform Triple-A to enhance the crypto shopping experience and enable users to make direct cryptocurrency payments on leading e-commerce platforms without converting to fiat currency, beginning in Singapore and expanding globally.

By integrating Triple-A’s regulated payment solution, Crypto.com wallet users can seamlessly shop from top fashion, luxury, travel, and gaming brands. The collaboration streamlines checkout processes, offering a one-step crypto payment method while enabling users to earn exclusive rewards.

Merchants also benefit by gaining access to Crypto.com’s vast global customer base. With Triple-A’s instant crypto-to-fiat conversion and next-day settlements in local currency, businesses can accept cryptocurrency without worrying about price volatility or handling digital assets.

Eric Barbier, CEO of Triple-A, highlighted the value of the partnership, stating,

“Merchants can now provide Crypto.com users with a streamlined payment journey, ensuring transactions are processed securely and predictably while shielding businesses from crypto market risks.”

Eric Anziani, President and COO of Crypto.com, emphasized the initiative’s goal:

“Our partnership with Triple-A empowers users to spend crypto effortlessly while earning rewards. This marks another step in making crypto payments mainstream and enhancing real-world usability.”

He explained that Crypto.com and Triple-A aim to make cryptocurrency a convenient, everyday payment method, expanding its adoption across diverse industries and simplifying how consumers shop online.

This development follows Crypto.com’s recent acquisition of Fintek Securities, a licensed Australian brokerage regulated by the ASIC. Announced on November 14, this move enables Crypto.com to offer eligible Australian users a comprehensive range of financial services, including deposit products, securities, derivatives, foreign exchange and managed investment schemes. Kris Marszalek, CEO of Crypto.com, described the acquisition as a step toward realizing the platform’s vision of becoming a comprehensive financial hub. He further revealed plans to launch additional services, such as crypto derivatives and stock trading, through its subsidiaries by the end of the year.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: CryptoCrypto.comE-commerceTriple-A
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