July 12, 2021 | 3 min read
Malaysia is no stranger to cryptocurrency. They are among the top 20 countries most interested in cryptocurrency (Invezz.com). Just a month ago, Luno Malaysia, the leading crypto exchange in Malaysia, surpassed half a million users on their application, gaining a 300% growth in new users during the last quarter of 2020. This pushed the total amount of crypto users in Malaysia to over 1 million people. With increasing crypto ownership, there are also more consumers looking for ways to spend their cryptocurrency online. To prepare the business for this growing demand, Sarawak Harvest, an online fish business, partners with Triple-A to accept crypto payments.
Sarawak Harvest is a dedicated online platform that sells home-grown fishes in Sarawak to different parts of Malaysia. “I realize the surging demand for crypto payments when I come across this challenge on a Bitcoin group on Facebook saying that there aren’t enough businesses in Malaysia accepting crypto. We rise to the challenge and integrated Triple-A crypto payments gateway, to be the first fish store in Malaysia to accept crypto payments. We may be just a local business, but our team is always at the forefront of technology and prepares ourselves for the future,” said Vincent Chin, owner of Sarawak Harvest.
As the number of consumers looking to shop and spend crypto increases, Triple-A, a crypto payment gateway, has also received more requests from businesses looking to incorporate crypto payments. “The importance of offering crypto as a payment option is increasing, and businesses are quickly realizing this. We are happy to see that businesses from all over the world, including Sarawak Harvest, partnering with us to embrace crypto. With an estimation of over 200 million crypto owners globally, businesses are guaranteed to grow their business by offering crypto payments,” said Eric Barbier, CEO of Triple-A.
People’s interest in cryptocurrency is growing exponentially worldwide. The adoption of crypto payments can be seen even in today’s mom-and-pop stores. With the current crypto market valuation already exceeding US$2 trillion, crypto will soon become an option in every transaction in people’s daily lives.
Triple-A allows online and offline businesses to accept cryptocurrency payments with zero price volatility risk by converting them to local currencies in real-time. With its easy setup, its highly competitive exchange rate, and its no-chargebacks payment system, Triple-A helps businesses increase their revenue by accessing the growing cryptocurrency users (200m+) community from all over the world.
About Sarawak Harvest
Sarawak Harvest is a dedicated online platform to bring Sarawak’s freshest harvest to consumers, from across the South China Sea to Peninsular Malaysia. All their products are freshly packed and air-flown, ensuring that consumers receive the fish in its best condition.