Ledger signed an agreement with a Hong Kong-based crypto payment startup that will allow its clients to pay for its products with digital currencies.
Crypto hardware wallet supplier Ledger has signed an agreement with crypto payment startup Crypto.com to allow users to pay for its products with crypto, according to a press release shared with Cointelegraph on Dec. 19.
Hong Kong-based Crypto.com has reportedly signed a Memorandum of Understanding (MOU) with Ledger that will enable Ledger to adopt their service Crypto.com Pay. The payment platform will purportedly allow Ledger clients to pay for products with cryptocurrency.
Crypto.com Pay will purportedly be incorporated into Ledger’s online store, where customers will able to make purchases via Crypto.com Wallet and Card application.
While the press release does not specify which cryptocurrencies will be supported by the new payment solution, Crypto.com’s Wallet features seven fiat currencies and six cryptocurrencies, according to their website.
Ledger CEO Éric Larchevêque stated that introducing a crypto payment option for products purchases is a “natural step,” and this payment method is “just what [Ledger] customers are seeking.”
Ledger recently opened a new office in New York to develop its institution-targeted custody offering called Ledger Vault. Ledger appointed former Intercontinental Exchange (ICE) executive Demetrios Skalkotos to lead global business unit operations for the project.
In November, Ledger added support for privacy-focused altcoin Monero (XMR) to its Nano S wallet device, having previously resumed support for Bitcoin Cash (BCH), following a suspension of service in mid-November.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.