Ledger, a crypto wallet and secure custody platform for digital assets, announced on Wednesday it will now allow customers to pay with crypto powered by the Crypto.com Chain.
Ledger reported that once Crypto.com Pay is implemented onto the Ledger online store, customers will have the option to purchase Ledger products at checkout with their desired cryptocurrency seamlessly and securely and collect cash back rewards funded by the network. Purchases will then be made by opening the Crypto.com Wallet & Card app, clicking the Pay button, scanning a unique QR code on the Ledger online store, and selecting the desired cryptocurrency to be spent. Speaking about the agreement, Éric Larchevêque, CEO of Ledger, stated:
“Our customers understand the everyday utility of cryptocurrency, and as a leading cryptocurrency asset hardware wallet provider, it is a natural step for us to provide a cryptocurrency payment option. We support what Crypto.com is doing to lead the industry forward with its vision of cryptocurrency in every wallet. We feel this payment option is just what our customers are seeking.”
Kris Marszalek, Co-Founder and CEO of Crypto.com added:
“We created the Crypto.com Chain as we identified a need in the industry: to pay and be paid in any crypto, anywhere, for free. Crypto.com Chain provides great value for both merchants and customers, which will help drive adoption of cryptocurrency globally. We feel very fortunate to have the support of Ledger, one of the most respected names in the industry, as we continue to build and rollout Crypto.com Chain.”
Ledger then added that by using Crypto.com Pay merchants can enjoy greatly reduced processing fees for settlement in cryptocurrency, online or offline. Customers will benefit from generous cashback rewards while paying with cryptocurrency.