Odaily Planet News: Crypto.com has announced a partnership with payment service provider Stripe. The two companies will integrate their products to help merchants more easily accept cryptocurrency payments. Through integration with Stripe, millions of merchants using Stripe will be able to access Crypto.com Pay, allowing consumers to directly use their cryptocurrency balances or stablecoins to complete transactions. Stripe will convert the relevant payments into the local fiat currency chosen by the merchant and deposit them into their accounts.
Crypto.com announced that it has become the first cryptocurrency platform to integrate with Stripe's "Direct Pay" feature. At the same time, Crypto.com will utilize Stripe's acquiring services to support users in purchasing cryptocurrencies with credit and debit cards, thereby expanding its card products and payment services in the United States. Both parties stated that this collaboration aims to enhance the usability and reach of crypto assets in everyday commerce.