In line with a recent press release, Ledger – Digital hardware wallet provider has signed an agreement with crypto payment startup company Crypto.com to permit users to pay for its merchandise with cryptocurrencies.
Hong Kong-based Crypto.com has reportedly signed a MOU [Memo of Understanding] with Ledger which will enable Ledger to adopt their service for Crypto.com Pay. The payment platform will supposedly permit [Ledger] users to buy products with cryptocurrencies.
Crypto.com Pay will supposedly be incorporated into Ledger’s on-line store, where customers would be able to complete their purchases via crypto.com wallet and Card application.
While the press release didn’t specified which cryptocurrencies are going to be supported by the new payment solution provider. However, at present Crypto.com’s wallet offer seven fiat currencies along with 6 cryptocurrencies, as per their web-site.
In line with Crypto.com ‘Medium‘, the wallet presently supports Bitcoin [BTC], Ripple [XRP], Ethereum [ETH], Litecoin [LTC], along with the Binance Coin [BNB], Monaco [MCO], and its own Crypto.com Chain token [CRO].
Chief executive officer of Ledger ‘Eric Larcheveque’ stated that introducing a crypto payment option for merchandise purchases is a “natural step,” and this payment methodology is “just what [Ledger] customers are seeking.”
Ledger recently opened a new office in New York to develop its institution-targeted custody providing referred to as Ledger Vault. [Ledger] appointed former Global Exchange [ICE] executive ‘Demetrios Skalkotos’ to guide international business unit operations for the ‘project‘.
Earlier in Nov, [Ledger] added support for privacy-focused altcoin Monero [XMR] to its Nano S wallet device, having antecedently resumed support for Bitcoin Cash [BCH], following a suspension of service in the period of time.