Ingenico Partners With Crypto.com for Global Crypto Payment Solution

In a significant development for the world of digital payments, Ingenico, a prominent player in payment acceptance and services, has teamed up with Crypto.com, a leading cryptocurrency trading platform. This partnership aims to introduce a seamless crypto payment solution that will benefit millions of Ingenico merchants globally. With the rise of cryptocurrency, this collaboration is set to transform how businesses accept payments, making it easier for them to cater to the needs of over 680 million consumers.

The new solution is designed to be a 'plug-and-play' system, allowing Ingenico merchants to accept cryptocurrency payments without the hassle of currency risk. This means that merchants can receive their funds in local currencies such as EUR, GBP, AUD, or USD, simplifying the payment process. At the core of this initiative is Ingenico's innovative merchant wallet, which connects to AXIUM Android terminals. This connection streamlines the interaction between merchants and the crypto world, enabling them to integrate cryptocurrency alongside their existing payment systems effortlessly.

Moreover, the partnership between Ingenico and Crypto.com goes beyond just facilitating crypto payments. With the introduction of Crypto.com Pay, consumers can earn rewards for their transactions, while Ingenico offers additional services linked to the payment terminals. This integration allows merchants to manage payments and services conveniently through mobile and tablet devices, enhancing their operational efficiency.

As the world increasingly embraces digital currencies, Ingenico is actively engaging with leading merchants to roll out a live pilot of this innovative solution in the first quarter of 2025. The pilot will be available in various regions, including the United States, Canada, the European Economic Area, the United Kingdom, Asia, and Australia. This initiative is expected to normalize crypto payments in real-world retail settings, making it simpler and faster for businesses to adopt this new payment method.

Patrick Blanc, the Chief Technology Officer of Ingenico, expressed enthusiasm about the partnership, stating, "Our partnership with Crypto.com will redefine the payments landscape by seamlessly integrating crypto payments into commerce environments." This sentiment is echoed by Eric Anziani, President and COO of Crypto.com, who emphasized the mission to make cryptocurrency more accessible for everyday transactions.

For merchants interested in exploring the benefits of Crypto.com Pay or participating in the pilot program, Ingenico is poised to provide further information. This collaboration represents a pivotal moment in the evolution of payment solutions, setting a new standard for how businesses can leverage technology to enhance customer experiences.

As we look to the future, the integration of cryptocurrency into everyday transactions could revolutionize the retail landscape. With the backing of established companies like Ingenico and Crypto.com, the transition to digital currencies appears not only feasible but also beneficial for both merchants and consumers alike. The upcoming live demonstration at the Singapore Fintech Festival will showcase how this innovative payment solution can seamlessly integrate into retail environments, offering a glimpse into the future of payment technology.