Mercuryo, a leader in crypto payments has partnered with another leader in open payment gateway, Volt, to introduce open banking payments within the crytpowallets of Mercuryo. The instantaneous account-to-account (A2A) payments will enable the customers with a one-click payment service through fiat and gives the benefit to business partners for the same.
With Mercuryo being amongst the first crypto-powered companies to implement open banking payments for individuals and businesses within and around Europe, the alliance not only marks another benchmark for open banking payments but also reminds people of the continued growth and popular implementation of cryptocurrencies around the globe.
Petr Kozyakov, CEO Mercuryo, said, “We’re thrilled to be partnering with Volt, whom we share a very similar mission with to enable faster, more secure and more cost-efficient payment experiences. Incorporating open banking payment methods was a natural next step for Mercuryo, putting consumers back in the driving seat when it comes to making crypto payments whilst reducing the number of customer drop-outs for businesses due to previously lengthy bank transfer processes.”
Similar to Mastercard, Apple Pay, Visa, and Google Pay payment substitutes, Mercuryo consumers will also be enabled to buy crypto through open banking A2A transaction, which would be a two-way transaction, as they pay the money would be debited and crypto would be credited into their Mercuryo Wallet within seconds.
This initiative is expected to be appreciated by customers considering the option to buy crypto at a specific cost and at a particular time. Apart from this it also enables infinite transaction amounts, which some other card service providers have also implemented for trading cryptocurrency.
Jordan Lawrence, Co-Founder, CBDO Volt, stated, “This partnership represents a turning point in the relationship between FIAT currencies and Digital Assets. The ability to instantly take advantage of Crypto prices via a real-time payment transfer not only ensures price transparency and trust but encourages interoperability between currencies. Mercuryo are forward-thinking in everything they do, and this is a giant leap for user adoption of Open Banking and Digital Assets. Volt is really excited to join forces with Mercuryo.”