Stripe Adds Crypto.com Pay to Checkout for Millions of Businesses; Crypto.com to Also Use Stripe for Payment Acquirer Services.
Crypto.com and Stripe today announced product updates to help businesses more easily accept crypto payments. Through an integration with Stripe, millions of businesses will be able to seamlessly accept payments from crypto holdings through Crypto.com Pay.
„Crypto.com is the first cryptocurrency platform to be integrated with Stripe for direct payments from a balance. Now customers will be able to checkout and pay with their preferred cryptocurrency, in addition to the ability to pay with stablecoins. Stripe converts payments into the business’s preferred local currency, to be deposited into their bank account just like any other payment they receive.” – according to the press release.
“Increasing everyday accessibility to and utility of cryptocurrencies for consumers and merchants is central to our vision at Crypto.com,” said Joe Anzures, General Manager, Americas and EVP of Payments, Crypto.com. “We are excited to partner with Stripe, a recognized leader in digital payments, to collectively catalyze a new era for crypto-enabled commerce.”
Additionally, Crypto.com will now use Stripe to enable their customers to easily purchase cryptocurrency with their credit and debit cards. This will support Crypto.com’s continued expansion of credit and debit card offerings and processing card-based purchases of Crypto.com credit and debit cards in the U.S.
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Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. The company’s vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.
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