Ccustomers will easily be able to pay for the products of their choice using the cryptocurrency they want.Ccustomers will easily be able to pay for the products of their choice using the cryptocurrency they want.Crypto.com announced on Wednesday that hardware wallet company Ledger would adopt Crypto.com Pay.
Both the companies signed a Memorandum of Understanding (MoU) on Ledger adopting Crypto.com Pay- a crypto payment solution on the Crypto.com chain.
A New Payment Options For Customers
Crypto.com Pay will be integrated and made available on Ledger’s online store.
Customers will be able to purchase products from Ledger and use the Crypto.com payment option to seamlessly and securely pay with their desired cryptocurrencies at the checkout.
Customers would benefit from receiving cash back rewards from the Crypto.com network.
Purchases can be made by visiting the Crypto.com Wallet & Card app and clicking on the Pay button.
The users will then need to scan a QR code on Ledger’s store and select the cryptocurrency of their choice to be spent on the purchase.
Ledger CEO Éric Larchevêque commented on the development, saying:
“Our customers understand the everyday utility of cryptocurrency, and as a leading cryptocurrency asset hardware wallet provider, it is a natural step for us to provide a cryptocurrency payment option.”
He also said that Ledger supports Crypto.com’s initiative to lead the industry forward, noting that this payment option is exactly what their customers want.
Crypto.com co-founder and CEO Kris Marszalek said that they created the Crypto.com chain as they identified the need to pay with crypto “anywhere, for free” in the industry.
He said that the Crypto.com Chain ensures value for both customers as well as merchants and will help in driving cryptocurrency adoption on a global scale.
“We feel very fortunate to have the support of Ledger, one of the most respected names in the industry, as we continue to build and rollout Crypto.com Chain.”
What Benefits Will Users Get?
Ledger customers will easily be able to pay for the products of their choice using the cryptocurrency they want.
They will simply need to scan a QR code and select the cryptocurrency to make the payment.
Customers can also receive cash-back while paying with digital currencies.
Ledger and other merchants, on the other hand, will benefit from low processing fees for cryptocurrency settlements, whether online or offline.