Saturday, 20 April 2024
Crypto.com and Ledger announced the successful integration of Crypto.com Pay, a cryptocurrency payment solution powered by the Crypto.com Chain, to the Ledger online store. Through the partnership, Ledger will accept Crypto.com's CRO token along with BTC, LTC, ETH and XRP, expanding the number of coins its customers can pay with.
For merchants, the solution is simple to set up, they are not charged processing fees for settlements in crypto and they can instantly convert crypto purchases into their preferred fiat currency, reducing exposure to exchange rate volatility. A recent enhancement to Crypto.com Pay allows merchants to issue invoices via email to collect payment. The successful integration on the Ledger platform marks a key milestone on Crypto.com's ambitious merchant acquisition, which includes recently announced partnerships with Travala and Oveit.
The partnership also opens up a new, seamless payment process for the 1M+ Crypto.com App users, while simultaneously extending the payment options for Ledger's millions of users, including payment in CRO and LTC.
Pascal Gauthier, CEO of Ledger said: "We are thrilled to add Crypto.com payment solution, as it is one of the most innovative and serious players on the market. Crypto mass adoption will be brought by enabling crypto payment features on e-commerce websites. Thanks to this new integration, we are offering new payment possibilities with your favorite crypto."
Kris Marszalek, Co-founder and CEO of Crypto.com said, "We created the Crypto.com Chain and Crypto.com Pay as we identified a need in the industry: to pay and be paid in any crypto, anywhere, for free. We have been working ceaselessly to expand the merchant network of Crypto.com Pay and we feel very fortunate to have the support of Ledger, one of the most respected names in the industry, as we continue to extend the utility of CRO and drive mass adoption of cryptocurrency."
The integration also introduces two promotions:
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