500 million Europeans will soon be able to use Crypterium digital wallets at any contactless payment terminals within Europe, as well as world’s 42 million terminals as they travel the globe.
That’s a result of the strategic partnership established between Crypterium, a cryptobank that provides payment and banking services to crypto holders, and World Capacity Builders, a British Columbian company with international partnerships in the Fintech industry. The integration phase has already begun.
«Crypterium’s goal is to enable our customers use their cryptocurrency in a real-world environment, and by that I mean to go to Starbucks and buy a coffee with any of their crypto,» — says Austin Kimm, CEO of Crypterium. That requires integrations with payment solutions, like Visa, MasterCard, UnionPay, AliPay, WeChat etc. to add the cryptocurrency element, he explains.
«Our partnership with WCB is the first step, there’s more to come. For example, we’re partnering with companies to work with Chinese citizens outside China and then, hopefully, inside China. And we’ve also struck alliances with quite a large number of dedicated payment solutions right across Asia, one of which alone has over 500,000 payment terminals,» — Austin adds.
How is Crypterium different from other crypto-fiat payment solutions
Over the years, there has been over 90 companies that had claimed to provide crypto-fiat payment solutions. Only three of them are still in the business today. Most of them had regional restrictions and worked with physical cards, meaning their users had to wait for at least 2 weeks to get the cards, while having no clear information about limits, high fees etc.
Crypterium offers a much more convenient digital solution. It’s a vertically integrated cryptobank that aims to enable its users to store, spend, exchange and borrow practically any cryptocurrency the same way we spend, exchange and borrow fiat money today. Only cheaper, faster and in a much more secure environment than any traditional bank can offer.
Crypterium’s virtual cards can be linked to various payment services, like Apple Pay, Samsung Pay or Android Pay. No matter where you are and where you are from, you’d be able to buy almost anything using your crypto and not loosing a fortune on transaction fees. All you need is your smartphone with NFC. Looks like the most convenient crypto payment services ever.
About Crypterium
Crypterium is one of the most successful ICOs of all time. Over 72,000 token holders contributed $51+ million to help us bridges the gap between cryptocurrencies and their use in everyday life.
CRPT token is traded on HitBTCone of the Top-10 cryptocurrency exchanges.
All the Crypterium solutions will only be accessible for use if you have CRPT that will be used as ‘gas’ for the transactions. Every time someone makes a payment, a fee equal to 0.5% of the value of the transaction in CRPT is taken from the CRPT token holder’s account and burnt as fuel. This means the number of CRPT tokens will be reducing over time.
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