Wix Partners With TripleA to Enable Crypto Payments Acceptance for Its Merchantsby Fintech News Singapore August 31, 2022
TripleA, a licensed crypto payment gateway, announced that it has partnered with global SaaS platform Wix to help the latter create, manage, and grow an online presence.
This partnership allows Wix merchants to accept cryptocurrency payments via a simple plugin without having to hold or convert digital currencies.
With this integration, Wix merchants can accept payments across the major cryptocurrencies used for commercial transactions, including Bitcoin (BTC), Bitcoin Lightning (LBTC), Ethereum (ETH), USD Coin (USDC), and Tether (USDT) on both ERC-20 as well as TRC-20 networks.
Merchants will get the opportunity to increase their retail reach and sales revenues by attracting buyers who wish to pay in cryptocurrencies.
The first phase of launch has now gone live for Wix merchants in the United States, United Kingdom, Brazil, Australia, Canada, and Singapore.
“Wix is always looking for new partnerships to bring more value to our merchants. We’re continuing to expand our crypto footprint and with TripleA’s solutions as an additional provider, Wix merchants have more payment options to offer their customers.
This allows them to reach a whole new market of customers who prefer to pay with Bitcoin and other popular cryptocurrencies such as Ethereum.”
said Amit Sagiv and Volodymyr Tsukur, Co-Heads of Wix Payments.
“Merchants using Wix can now go to market with this new payment option easily, and increase their revenues by tapping into the spending power of 300+ million crypto users globally.
Business owners get to enjoy the benefits of cryptocurrency payments, without having to worry about price volatility or regulations that come with holding digital assets.”
said Eric Barbier, CEO of TripleA.