Crypto.com, one of the leading payments and cryptocurrency platforms announced on Dec. 11th that it has hired Tyson Hackwood, a former key executive for PayPal and Braintree as the SVP, Head of Global Merchant Acquisition.
With his vast experience in mobile payments and business expansion, Hackwood’s direct responsibility is to drive the growth and expansion of Crypto.com Pay, a solution that allows “customers to pay for goods and services with cryptocurrency while receiving generous cashback rewards.”
Kris Marszalek; Co-Founder and CEO of Crypto.com said that Hackwood has an important role to play in expanding the business’ network. “As we develop the Crypto.com Chain to fulfill the current industry need to pay and be paid in crypto, Tyson will play an important role in expanding the number and quality of merchants that are part of our network,” remarked Marszalek.
He further added that:
“His relationships and experience in online digital payments will significantly advance our goal of enabling seamless, secure, and cost-efficient transactions between merchants and cryptocurrency users worldwide.”
Hackwood expressed his excitement at joining the team and help grow the brand with strategic partnerships with merchants. Hackwood said:
“My experience in working with digital driven organizations and developing collaborative business channels, combined with Crypto.com’s intuitive platform, will aid in the steady and sustainable adoption of this native blockchain technology and cryptocurrencies.”
Hackwood and Crypto.com Are a Perfect Match
Hackwood has more than 17 years of experience working in several sectors such as mobile payment, digital commerce, and expansion and partnership-driven business. He recently served as a director at the Asia Pacific for Braintree, a division of PayPal that deals with e-commerce payments. He was also in charge of leading dynamic teams and overseeing the company’s continued expansion across the region.
Hackwood joins the Hong Kong-based crypto company that wants to have a global reputation of facilitating instant crypto payments.
Hackwood joins the list of former PayPal executive that have crossed over to the crypto camp that includes David Marcus (Coinbase – eventually resigned to focus on Facebook), Bret Allenbach (Ripple), and more.