Crypto.com has entered into a new partnership that integrates its payment offering with Oveit’s payment platform.
The integration will enable 3,500 offline and virtual event organizers use Oveit’s platform to accept payments in crypto currencies via Crypto.com Pay.
It will support payments in several cryptocurrencies including BTC, ETH, LTC, XRP and CRO.
Additionally, event organizers can covert such cryptocurrencies into fiat of their choice following payment.
According to the company, Crypto.com Pay Checkout is powered by the Crypto.com’s CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliant platform to protect customer payment data.
As part of the new partnership, customers using Crypto.com Pay to pay for events powered by Oveit will receive up to 10% cashback in CRO. The offer will be valid till 31 July 2020.
As a fintech company, Oveit provides Economy as a Service tools for events, venues and smart communities.
The solution allows event planners to sell tickets, manage registration and set up cashless payments at the venues.
Founded in 2016, Crypto.com is a payments and cryptocurrency platform. The Hong Kong-headquartered firm has more than 200 employees.
Last month, Crypto.com partnered with crypto-friendly hotel booking platform Travala.com. The move enables customers pay at Travala.com using cryptocurrencies through Crypto.com.
Last year, the cryptocurrency platform enabled fiat withdrawal through bank transfer.