Cryptocurrency payments for local event planners and venue managers

24 martie 2020

Oveit, a fintech company which provides Economy as a Service tools for events, venues and smart communities, announces a new partnership with Crypto.com, a Hong Kong payments and cryptocurrency platform with over 1 million users.

„For the past months we have been working closely with the Crypto.com Pay team to provide events and venues an easy way to accept payment in cryptocurrency.”, according to a company’s blog.

Mihai Dragan, COO at Oveit: „With Crypto.com Pay event planners and venue managers can accept crypto payments in BTC, ETH, LTC, XRP and CRO. If they do not want to be exposed to market volatility, payments in cryptocurrency can be converted to the fiat currency of their choice. This means that visitors can pay in cryptocurrencies such as Bitcoin, Crypto.com Coin or Ethereum, and event planners can retain the cryptocurrencies or have them converted to fiat currency such as USD or EUR.”

Transactions are powered by the Crypto.com’s CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliant platform. Crypto.com Pay Checkout safeguards customer payment data, providing event organizers peace of mind while offering customers the option to pay in cryptocurrencies. 

Using Oveit’s integration of Crypto.com Pay, event planners and venues can accepts crypto payments in one or more ways:

. tickets to events or venues.

. Sell add-ons to tickets: e.g. an event t-shirt, beverages or access to the VIP area in the event, all packed in the same ticket.

. Allow digital wallets top-ups that can be used in-venue: Oveit offers event planners and venues the option to set up an in-venue economy . In the venue digital wallets can be used with local vendors by simply tapping an NFC wristband, showing QR codes or via biometric payments (face payments).

„To celebrate this partnership and help event planners adopt this new payment technology we are waiving all fees for Crypto.com Pay transactions until the end of 2020.”, Dragan added.

Crypto.com has announced customers making payments using Crypto.com Pay to events powered by Oveit will receive up to 10% cashback in CRO in their Crypto.com App wallet from now till 31 Jul 2020.

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Oveit’s distributed ledger technology creates an Edge Payments (payments at the edge of the cloud) ecosystem that is fast, secure, and always on. Visitors can top up a digital wallet and use it for a customized purchasing experience. Oveit helps events, retail companies and hospitality venues to onboard vendors and buyers, track visitor behavior both online and offline and increase revenue. 

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Adrian Vasilescu – consilier de strategie al guvernatorului BNR

„O singură provizie am făcut, de card, pentru că nu mai umblu cu banii în buzunar. Banii sunt cei mai periculoși când este vorba de răspândirea unei molimi. Am renunțat la cash. În rest, este o prostie să faci provizii. Dacă vine o molimă și nici nu știi când va ajunge, dacă ar fi să se întindă, pe cât timp să poți să faci provizii? Faci provizii pe trei săptămâni, pe patru săptămâni și mai departe?”, a spus consultantul.

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale in 2020?
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