Leading crypto payment solution provider, RedotPay has partnered with Visa and StraitsX to bring a groundbreaking card programme to Singapore. RedotPay confirmed the development in a blog post on Monday, while commending StraitsX for its essential support as the BIN sponsor for the card programme.
It is worth noting that this partnership aims to redefine how users interact with digital assets in their day-to-day financial transactions. It also aims to combine RedotPay’s innovative technology with Visa’s extensive global network.
According to the post, the new card programme aims to enhance user experience by enabling seamless cryptocurrency spending at millions of merchants around the globe that accept Visa. With RedotPay’s proprietary real-time conversion technology, this initiative also empowers users to seamlessly utilize their cryptocurrencies for transactions. This feature bridges the gap between digital assets and traditional commerce, thus making crypto spending as simple as using a conventional debit or credit card.
RedotPay avails users with secure platform for transactions
Similarly, the crypto payment solution provider is also committed to availing users with a safe and secure platform for their transactions. RedotPay added that the partnership prioritizes strong security measures in protecting users’ data and funds, fostering confidence in the use of cryptocurrency for daily transactions.
Meanwhile, the CEO of RedotPay, Micheal Gao reacted to the development stating that the partnership marks a notable advancement in the firm’s mission of driving mass adoption of cryptocurrency for payments. He added that users will enjoy the flexibility of spending digital assets like traditional currencies.
Similarly, the head of commercial at StraitsX, Jason Tay also gave his insight on the partnership. He described the collaboration as a significant advancement for crypto daily retail use cases, enabling users to effectively utilize their digital assets in everyday transactions. Tay added that as BIN sponsor, StraitsX is committed to driving the initiative to revolutionize how consumers interact with cryptocurrency on the retail space.
Similarly, Adeline Kim, Visa Country Manager for Singapore & Brunei has also reacted to the partnership. The exec emphasized Visa’s commitment to promoting innovation with StraitsX and RedotPay, ensuring that millions of users have access to seamless payment experience in Singapore.
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