This collaboration introduces a “plug-and-play” crypto payment solution, enabling Ingenico merchants to accept crypto payments seamlessly through AXIUM Android terminals. Designed to support over 680 million users worldwide, this integration allows businesses to receive payments in their local currencies, including euros, US dollars, Australian dollars, and British pounds.
“Plug-and-Play” Payment Solution Simplifies Crypto Adoption for Businesses
The new merchant wallet by Ingenico streamlines merchants’ engagement with cryptocurrencies, bridging the gap between traditional and digital payments. By integrating crypto payments alongside conventional systems, merchants gain the flexibility to expand their payment offerings effortlessly. Patrick Blanc, Ingenico’s CTO, remarked, “Our collaboration with Crypto.com marks a significant step forward for merchant services globally, embedding crypto into everyday commerce and setting a new benchmark for payment innovation.”
Ingenico’s New Merchant Wallet: Bridging Crypto Payments with Local Currencies
Crypto.com Pay adds value to consumers with rewards on crypto transactions, enhancing the user experience and incentivizing adoption. Ingenico’s terminals, which already support various mobile and tablet-based services, further extend these capabilities with the option for crypto payments. This combined offering is set to normalize digital currencies in physical retail settings, accelerating global crypto adoption.
Eric Anziani, President and COO of Crypto.com, highlighted the partnership’s vision: “Our mission is to simplify the use of cryptocurrency for real-world transactions, and Ingenico is an ideal partner to help us bring crypto into mainstream commerce as a dynamic payment option.”
Flexible Integration: Supporting Both Traditional and Cryptocurrency Payment Systems
With support from Crypto.com, Ingenico plans to launch a pilot program with select merchants in early 2025, with an anticipated global rollout in key markets, including the US, Canada, Europe, the UK, Asia, and Australia. Ingenico’s recent collaboration with Visa’s CyberSource platform further underscores its commitment to advancing unified commerce solutions, initially focusing on the Asia Pacific market and beyond.
This partnership signals a transformative moment for retail payment solutions, paving the way for cryptocurrency’s future role in global commerce.