Xsolla and Crypto.com have announced a partnership to integrate Crypto.com Pay into Xsolla’s Pay Station, allowing game developers and players to accept and make crypto payments.
This integration will enable game developers and players to accept and make payments in cryptocurrencies, such as Bitcoin, Ethereum, and CRO, the native token of Crypto.com.
About Crypto.com Pay
Crypto.com Pay is a payment solution that allows merchants and customers to accept and make payments in cryptocurrencies while enjoying low fees, fast transactions, and rewards.
It also supports over 100 cryptocurrencies, including stablecoins and DeFi tokens. Crypto.com Pay also allows converting crypto payments into fiat currencies at competitive rates.
By partnering with Xsolla, Crypto.com aims to build its presence and network across the gaming industry, which is one of the fastest-growing sectors in the crypto space.
Crypto.com’s President and COO, Eric Anziani, said there is significant potential in the convergence of gaming and Web3, which is the vision of a decentralized internet powered by blockchain and other technologies.
“By partnering with a global gaming leader like Xsolla and leveraging our respective assets and expertise, we are helping make that potential a reality – giving developers, publishers, and players a seamless way to engage and create value in the crypto economy,”
Eric AnzianiAbout Xsolla’s Pay Station
Xsolla’s Pay Station is a platform that facilitates in-game purchases across 200+ regions and countries using a variety of compliant payment providers.
Xsolla’s Pay Station allows game developers and publishers to monetize their games and offer their players a convenient and secure way to buy virtual goods, such as items, skins, subscriptions, or currencies.
By integrating Crypto.com Pay into its Pay Station platform, Xsolla is enhancing its service with a new payment option that offers more flexibility and diversity for its clients and users.
Xsolla’s CEO, Chris Hewish, said that the gaming industry is rapidly evolving and that they must adapt to meet those changes.
“The integration of cryptocurrencies as a form of payment offers game developers and players an innovative payment solution that aligns with the global shift towards digital currencies.” “Our collaboration with Crypto.com marks a pivotal moment for the gaming industry, paving the way for a more inclusive and secure gaming ecosystem.”
Chris HewishUtilizing crypto payments for gaming
The partnership between Xsolla and Crypto.com promises to bring several benefits for game developers and players who want to use crypto payments for gaming. Some of these benefits include:
- Lower fees: Crypto payments can reduce transaction costs compared to traditional payment methods, such as credit cards or bank transfers.
- Faster transactions: Crypto payments can be processed faster than fiat payments, especially for cross-border transactions.
- More privacy: Crypto payments can offer more privacy and anonymity for users who do not want to share their personal or financial information with third parties.
- More rewards: Crypto payments can offer more rewards for users who use certain cryptocurrencies or platforms that offer incentives or cashback.
- More access: Crypto payments can offer more access for users who do not have bank accounts or credit cards or who live in regions where fiat payments are limited or restricted.
Xsolla and Crypto.com have also announced that they will launch more initiatives in Korea and globally to develop and advance the payment ecosystems and digital asset adoption in the gaming industry.
Patrick Yoon, General Manager of Crypto.com Korea, said that they are excited to take this first step with Xsolla as part of a broader collaboration.
“We look forward to continuing to work with Xsolla in developing and advancing payment ecosystems and digital asset adoption,” Yoon said.
For more information about Crypto.com Pay and Pay Station, visit: xsolla.pro/cryptocom
