[Singapore, 21 November 2024] – Crypto.com and Triple-A have announced a strategic partnership that will provide Crypto.com’s global customer base access to a diverse range of new global merchants. Beginning in Singapore, Crypto.com users can soon make purchases from leading e-commerce brands directly with crypto from within their trusted Crypto.com wallet while earning exclusive crypto rewards.
Crypto.com users will soon benefit from an optimized checkout experience across an array of online merchants in industries such as fashion, luxury, travel, and gaming. Triple-A removes the need for users to convert digital assets into local currency, offering a straightforward, one-step process for crypto transactions.
This partnership between the two Singapore-based companies reflects Crypto.com and Triple-A’s shared commitment to making cryptocurrency an accessible, everyday payment option. By eliminating conversion fees and simplifying the payment process, they aim to empower users to make purchases directly with their crypto balances.
For merchants, this partnership provides access to a rapidly expanding audience of crypto-owning shoppers and makes adding crypto to their payment suite as simple as integrating any other payment method. With Triple-A’s fully regulated solution, merchants are shielded from crypto volatility, benefiting from next-day settlements directly in their local currency without the need to hold, manage, or report digital assets. Triple-A ensures that all transactions remain in fiat, providing merchants with a stable and predictable payment experience that aligns with their existing payment operations.
“Our collaboration allows merchants to provide Crypto.com users with an optimized digital currency payment user journey,” said Eric Barbier, CEO at Triple-A. “With Crypto.com as an additional payment option, select merchants can accept crypto without exposure to volatility, thanks to our instant conversion model, and settle transactions in their preferred currency with next-day bank deposits.”
“We are constantly looking to push boundaries when it comes to integrating crypto payments into real-world scenarios and enhance shopping experiences for our users,” said Eric Anziani, President and COO of Crypto.com. “Partnering with Triple-A enables us to do this by expanding crypto payments to a range of popular brands, creating a seamless shopping experience and providing an opportunity to earn cashback rewards to make spending crypto even more rewarding.”
About Triple-A
Triple-A, the multi-licensed digital currency financial institution, enables businesses to pay and get paid in both traditional and digital currencies, volatility-free. By bypassing intermediaries and banking hours, we cut costs and enable fast, 24/7 global payments, easing cash flow for businesses worldwide. Their white-label payment solutions blend smoothly into existing business operations while upholding the highest standards of compliance.
Learn more at https://www.triple-a.io/.
About Crypto.com
Founded in 2016, Crypto.com is trusted by more than 100 million customers worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.
Learn more at https://crypto.com.
Media Contacts
Natalie Eng, Natalie.eng@triple-a.io
Adam Borraccino, adam.borraccino@triple-a.io
