Airswift Technology Limited, a leading provider of native Web 3.0 payment solutions, and Cloud Payments, a provider of digital payments and banking technology platforms, are partnering to provide cryptocurrency users with instant access to cryptocurrencies at the point of sale using VISA and MasterCard payment methods.
The collaboration will simplify cryptocurrency purchases by allowing crypto-on-ramping and NFT purchases to be made using VISA and MasterCard with optimized exchange rates. This means more convenience for cryptocurrency users when purchasing retail goods and digital assets.
“Millions of Web2.0 consumers are ready to transition to Web3.0, but they are not familiar with existing decentralized financial systems (DeFi),” stated Dr. Yan Zhang, co-founder and CEO of Airswift. “That’s why we worked together to integrate Cloud Payments’ simple, credit card-based crypto purchasing tools into our user-friendly crypto payment platform. This feature allows you to buy and spend cryptocurrencies directly at checkout without leaving the Airswift platform. This reduces friction for newcomers to the market.”
“With our patented technology platform, Web2.0 customers and merchants can easily transition to the Web3.0 payment and commerce methods that are just emerging as this segment of our industry continues to grow rapidly. Our partnership with Airswift will create a world-class crypto payments experience,” said Mike Love, co-founder and CEO of Cloud Payments.
The on-ramp service will initially launch in North America and Europe.