Crypto.com and Ingenico Partner to Enable Crypto Payments for Millions of Merchants Worldwide
New "Plug-and-Play" Crypto Payment Solution to Drive Retail Adoption and Revolutionize the Payments Landscape
Key Takeaways
Ingenico and Crypto.com collaborate to enable crypto payments for Ingenico’s global merchant network.
Merchants can receive settlements in local currencies, with seamless integration on Ingenico’s AXIUM terminals.
The partnership aims to enhance consumer rewards and simplify crypto adoption for retail transactions.
A pilot program will launch in early 2025, with full deployment across multiple regions.
Crypto Payments Now on Ingenico’s Platform
Ingenico, a leading global provider of payment services, has partnered with Crypto.com to bring a new era of payment solutions to retail by enabling cryptocurrency transactions for millions of merchants. This partnership allows Ingenico merchants to accept crypto payments directly through a secure, integrated system that offers local currency settlements, thereby eliminating currency risk. Through Ingenico’s AXIUM Android terminals, merchants can leverage a simple, “plug-and-play” functionality to add crypto payments alongside existing systems.
A Seamless, Risk-Free Payment Experience
Ingenico’s new merchant wallet, which is central to this solution, enables crypto payment settlement in popular currencies such as EUR, GBP, AUD, and USD. This wallet, integrated with Ingenico’s widely-used AXIUM terminals, simplifies transactions for merchants and removes the complexity of crypto by providing local currency payments. Merchants can adopt crypto payments without worrying about currency volatility, offering consumers another payment option that is secure and efficient.
Enhanced Rewards and Future-Proof Solutions
Beyond payment acceptance, Crypto.com’s payment solution enables consumers to earn rewards on transactions, while Ingenico offers additional services via mobile and tablet devices, making management convenient for retailers. With this approach, both companies aim to normalize crypto as a viable retail payment option and promote wider crypto adoption globally.
Global Rollout and Pilot Program for 2025
The partnership’s initial rollout is set for Q1 2025 with a live pilot among selected merchants across the U.S., Canada, Europe, the UK, Asia, and Australia. Ingenico’s CTO Patrick Blanc emphasized the transformative potential, stating that this collaboration with Crypto.com will redefine merchant services and set a new standard for payments.
Eric Anziani, President & COO of Crypto.com, shared that the goal is to make cryptocurrency widely usable in everyday transactions, reinforcing the mission of “Cryptocurrency in Every Wallet.”
Experience the Future of Crypto Payments at the Singapore Fintech Festival
Ingenico will demonstrate its new crypto solution at the Singapore Fintech Festival from November 6-8, showcasing how crypto can seamlessly integrate with retail payments and marking a pivotal moment for real-world crypto adoption.
Ingenico’s partnership with Crypto.com highlights an important milestone in crypto’s journey from a niche online currency to a mainstream payment tool for everyday use, with the potential to reshape the global commerce landscape.