Popular crypto exchange Crypto.com has collaborated with Ingenico, a global leader in payment services. In a Tuesday blog post, Crypto.com confirmed the partnership, stressing its focus in ensuring easy access to crypto payment services.
According to the release, the partnership will enable merchants to accept crypto payments on their global platform with ease. With a lofty ambition to meet the needs of more than 600 million users worldwide, Crypto.com is optimistic that this partnership will boost crypto adoption, normalizing the usage of crypto payments in the real-world.
More so, thanks to the partnership, Ingenico merchants will now be able to securely receive funds settlement without being vulnerable to currency risks. Central to this strategic offering is Ingenico’s newly-introduced merchant wallet. According to reports, this wallet is connected to AXIUM Android terminals, thereby simplifying merchants’ engagements with the crypto realm. Similarly, this functionality empowers merchants to benefit from the flexibility and comfort of incorporating crypto along with other existing payment systems.
Beyond improving crypto payments, the collaboration also provides ample opportunity for users to garner rewards for their daily transactions. For merchants, this new development brings additional services connected to the terminal, making it possible for them to effectively manage payments via mobile and tablet devices. With this innovative approach, both Crypto.com and Ingenico simplify crypto payments for real-world retail users.
Ingenico, Crypto.com to roll out new payment solution in 2025
Meanwhile, Ingenico and Crypto.com are also in active discussions with leading merchants to make payments more robust and faster. Both firms plan to roll out the live pilot of the plug and play solution with selected partners in 2025. Through this innovative solution, users across various regions, including the U.S., Canada, the EEA, the UK, Asia, and Australia will be able to enjoy streamlined crypto payment services.
According to Patrick Blanc, the CTO of Ingenico, the collaboration redefines the payment landscape in the financial arena. With the integration of crypto payments into commerce environments, Blanc says both firms are setting a new standard for innovative payment solutions.
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