Can Ingenico and Crypto.com Revolutionize Retail Payments with Crypto?

Ingenico, a leader in payment services, and the crypto trading platform Crypto.com have announced a partnership to enable crypto payments for Ingenico merchants worldwide. This innovative “plug-and-play” solution allows Ingenico merchants to accept cryptocurrency payments seamlessly, meeting the needs of over 680 million consumers. Central to this offering is Ingenico’s new merchant wallet, integrated with AXIUM Android terminals to streamline crypto transactions and provide local currency settlements without currency risk. This functionality allows merchants to easily integrate crypto payments alongside existing systems while providing flexibility and ease of use.

A Step Towards Normalizing Crypto Payments

The collaboration aims to normalize crypto payments in retail environments, with Crypto.com Pay enabling consumers to earn rewards on transactions. Ingenico, in turn, offers additional merchant services through mobile and tablet devices. This partnership is seen as a significant milestone towards simplifying and accelerating crypto adoption for real-world payments. Looking to the future, a live pilot launch with selected partners is planned for Q1 2025 in regions including the U.S., Canada, the EEA, the UK, Asia, and Australia. Patrick Blanc, CTO of Ingenico, emphasized the partnership’s potential to redefine the payments landscape, while Eric Anziani, President & COO of Crypto.com, highlighted its role in enhancing cryptocurrency’s usage in everyday transactions.

Ingenico’s innovative approach, using AXIUM Android terminals, ensures that merchants can handle crypto transactions as smoothly as traditional payments. The integration with Crypto.com Pay not only simplifies the process but also adds value by offering rewards to users, creating an incentive for the widespread use of this payment method. This could potentially lead to higher customer satisfaction and loyalty, encouraging merchants to embrace this new form of payment.

Paving the Way for a Crypto-Payment Future

Ingenico, a top player in payment services, has teamed up with Crypto.com, a well-known crypto trading platform, to make crypto payments possible for Ingenico merchants across the globe. This cutting-edge "plug-and-play" solution enables Ingenico’s merchants to easily accept cryptocurrency payments, catering to the preferences of more than 680 million users. At the heart of this offering is Ingenico’s new merchant wallet, which integrates smoothly with AXIUM Android terminals. This setup helps streamline crypto transactions, allowing merchants to settle payments in local currency without the risk of currency fluctuation. The system integrates seamlessly with merchants’ current payment methods, ensuring flexibility and user-friendliness. This partnership between Ingenico and Crypto.com reflects a significant step forward in modern payment solutions, adapting to the growing demand for cryptocurrency options among consumers and enhancing the overall payment experience for both merchants and customers.

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