Crypto.com has partnered with Triple-A to allow users to make purchases from various online merchants directly with crypto.
This service, starting in Singapore, will enable users pay with crypto from their Crypto.com wallet without the need to convert it to local currency, and also earn crypto rewards on their purchases.
Triple-A’s technology handles the conversion process seamlessly in the background.
The partnership aims to simplify crypto payments and make them more accessible for everyday use.
Users will be able to shop at a range of online stores, including those in the fashion, luxury, travel, and gaming sectors.
Merchants benefit by tapping into a growing market of crypto users and receiving payments in their local currency, eliminating the risks associated with crypto volatility.
Triple-A ensures that merchants receive fiat settlements, removing the need for them to handle or manage crypto directly.
“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, CEO at Triple-A.
“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.”
said Eric Anziani, President and COO of Crypto.com.
Featured image credit: Edited from Freepik
