Cloud Digital Payments News

Airswift Technology And Cloud Payments Partner To Enable Instant Access To Crypto with VISA and MasterCard

Airswift Technology and Cloud Payments Partner to Enable Instant Access to Crypto with VISA and MasterCard

Airswift Technology Limited, a leading Web3.0 native payment company, and Cloud Payments, a digital payments and banking technology platform provider have joined forces to enable cryptocurrency spenders with instant access to crypto at the points-of-sale using VISA and MasterCard payment methods.

“So we’ve worked together to integrate Cloud Payments’ simple, credit-card based crypto purchasing tools into our easy-to-use crypto payment platform. This feature lets you seamlessly on-ramp to and spend crypto right at the checkout without ever leaving Airswift’s platform, thereby reducing friction for newcomers to the market.”

The collaboration will simplify crypto-based purchases by providing crypto on-ramping and NFT purchasing using VISA and MasterCard with optimized exchange rates. This offers crypto spenders increased convenience when shopping for retail goods and digital assets.

Latest Fintech News: Teslar Software Accelerates Growth in 2022, Helping Community Institutions Digitize Lending

“Millions of Web2.0 consumers are ready to onboard to Web3.0, but are not familiar with existing Decentralized Finance (DeFi) on-ramps,” said Dr. Yan Zhang, co-founder and CEO of Airswift. “So we’ve worked together to integrate Cloud Payments’ simple, credit-card based crypto purchasing tools into our easy-to-use crypto payment platform. This feature lets you seamlessly on-ramp to and spend crypto right at the checkout without ever leaving Airswift’s platform, thereby reducing friction for newcomers to the market.”

“Our patented technology platform enables Web2.0 consumers and merchants to easily transition into emerging Web3.0 payment and commerce methods as that segment of our industry continues to rapidly grow. Our partnership with Airswift will create a best-in-class crypto payment experience,” said Mike Love, co-founder and CEO of Cloud Payments.

Latest Fintech News: Hippo Expands its Fastest-Growing Channel with Launch of Hippo Builder Insurance Agency

The on-ramp service will be rolled out first in North America and Europe.Airswift is a financial technology company pioneering crypto payment solutions for businesses and consumers around the globe. It provides a decentralized payment protocol, an on-chain trade financing platform and on/off ramp services that connect businesses with consumers. Airswift is widely recognized as a leader in blockchain technology, with extensive operational experience in global digital payments and enterprise Web 3.0 financial infrastructure. Headquartered in Vancouver Canada, Airswift was established in 2022 with backing from leading industry investors.

Latest Fintech News: Kyriba’s Currency Impact Report: Record $47 Billion in FX Headwinds for Multinationals

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Binance Joins the ACSS to Further Compliance Standards Within the Crypto Industry

Fintech News Desk

Equifax Acquires Data-Crédito

Fintech News Desk

Valor PayTech Appoints Sundar Garg as President of Asia

Business Wire
1