Singapore-based cryptocurrency exchange Crypto.com and cryptocurrency payment firm Triple-A have announced a strategic partnership that will provide Crypto.com’s global customer base access to a diverse range of new global merchants.

Beginning in Singapore, Crypto.com users can now make purchases from leading e-commerce brands directly with crypto from within their trusted Crypto.com wallet while earning exclusive crypto rewards, the duo said in a statement on Thursday.

According to the statement, Crypto.com users will now benefit from an optimized checkout experience across an array of online merchants in industries such as fashion, luxury, travel, and gaming.

Triple-A removes the need for users to convert digital assets into local currency, offering a straightforward, one-step process for crypto transactions.

This partnership between the two Singapore-based firms reflects Crypto.com and Triple-A’s shared commitment to making cryptocurrency an accessible, everyday payment option.

By eliminating conversion fees and simplifying the payment process, they aim to empower users to make purchases directly with their crypto balances.

For merchants, this partnership provides access to a rapidly expanding audience of crypto-owning shoppers and makes adding crypto to their payment suite as simple as integrating any other payment method.

With Triple-A’s fully regulated solution, merchants are shielded from crypto volatility, benefiting from next-day settlements directly in their local currency without the need to hold, manage, or report digital assets.

Triple-A ensures that all transactions remain in fiat, providing merchants with a stable and predictable payment experience that aligns with their existing payment operations.

“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,” said Eric Barbier, Chief Executive Officer at Triple-A.

Eric Anziani, President and Chief Operating Officer of Crypto.com, said they are constantly looking to push boundaries when it comes to integrating crypto payments into real-world scenarios and enhance shopping experiences for their 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,” he added.

Founded in 2016, Crypto.com is used by more than 100 million customers worldwide.

Triple-A is a multi-licensed digital currency financial institution enables businesses to pay and get paid in both traditional and digital currencies, volatility-free.

By bypassing intermediaries and banking hours, the firm cuts costs and enable fast, 24/7 global payments, easing cash flow for businesses worldwide.


#Hashtags: #CryptoPayments #BlockchainInnovation #EcommerceSolutions #CryptoRewards #FintechPartnership #Ifvex