Posted 7 months ago | by Ben Armstrong
Crypto.com Pay is Now Accepting CRO Payments from Any ERC-20 Wallet
This is just the latest addition in the series of features the platform is constantly having. To take advantage of them, make sure to click here as by signing up you will also be able to enjoy all of Crypto.co’s benefits and get $50 if you get the crypto.com card.
Allowing Merchants to Expand Their Reach
The announcement of the Hong Kong-based cryptocurrency payment platform means that merchants are now allowed to open their doors to new customers by offering them more wallet options to spend CRO and increase the volume of trading.
This is a major step towards the widespread adoption of CRO in the global crypto industry as anyone who has an ERC-20 wallet will now be able to transact with Crypto.com Pay merchants using wallets such as Ledger, BC Vault, and Travala.com.
With an estimated over 30 million ERC-20 wallets on over the world, merchants now will benefit from a larger customer base by being able to offer their services to any of these users.
Two Years Facilitating Crypto Payments
Launched in 2018, Crypto.com Pay is a payment solution for online merchants, that has supported not only merchants such as Ledger, and Coinzilla but also other platforms such as WooCommerce and Oveit.
By doing so, Crypto.com has expanded the crypto space by allowing merchants and buyers to enter the global cryptocurrency economy and accept crypto on their website.
Crypto.com Pay offers zero transaction fees and only 0.5% for settlements helping to save 80% on fees comparing to normal payment processors with low volatility and easy integration for merchants.
Users Can Enjoy 2X Pay Rewards
There are Pay Rewards that allows all users to receive a CRO cashback on every payment with CRO, collected in the users’ Crypto.com App.
Customers, who make payments with other wallets, not Crypto.com App, can also enjoy the 2X Pay Rewards with 10,000 CRO staked in Exchange or with an active 3 Months Earn term, which is up to 10% of Pay Rewards.
Besides, customers can still collect the Pay Rewards in case the emails they provided do not belong to Crypto.com App accounts when someone uses those emails to sign up at Crypto.com App and verified within 90 days.
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