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04 Aug 2022

AsiaPay partners with TripleA and offers customer convenience across Asia with crypto payments

AsiaPay partners with TripleA and offers customer convenience across Asia with crypto payments

AsiaPay's merchants can now enable the acceptance of cryptocurrencies through the single integrated payment interface at checkout, on top of other existing prevailing payment methods such as card, net banking, wallets, BNPL, etc., in 11 Asia Pacific countries. Besides, merchants can also enjoy the ease of reporting and reconciliation using the same backend payment administration across host of payment methods and markets. Currently, the fund settlement will be in fiat money to bank accounts but will soon be in crypto currencies to crypto wallets.

Cryptocurrencies are a trillion dollars market and are expected to grow tremendously from 2021 to 2030.  AsiaPay is exploring different possibilities through cryptocurrencies to give merchants a better and flexible way in how payment is accepted, "AsiaPay CEO Joseph Chan said, "Merchants and businesses will have more flexibilities to collect payments via prevailing crypto, such as USDT and BTC, etc.  Beyond that, the crypto payment also plays an important part in AsiaPay's Web 3.0 strategy in the digital assets space"

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