Leading Web3.0-native payment company Airswift Technology Limited has teamed up with digital payment and banking technology provider Cloud Payments to allow cryptocurrency users to make direct payments at point-of-sale using VISA and Mastercard networks.
Key Features of the Collaboration
- Seamless Crypto Payments: Enables retailers and digital asset platforms to accept cryptocurrency payments through traditional card networks.
- Optimized Exchange Rates: Competitive conversion rates for crypto-to-fiat transactions.
- NFT Purchases: Supports buying non-fungible tokens (NFTs) using cryptocurrency.
- User-Friendly Integration: Eliminates the need for users to leave Airswift’s platform during checkout.
Executive Insights
Dr. Yan Zhang, Co-Founder & CEO of Airswift
"Millions of Web2.0 consumers are ready to transition to Web3.0 but face barriers with decentralized finance (DeFi) onboarding. By integrating Cloud Payments’ credit-card-based crypto shopping tools into our platform, we simplify the process—users can pay with crypto seamlessly without technical hurdles."
Mike Love, Co-Founder & CEO of Cloud Payments
"Our patented technology bridges Web2.0 and Web3.0 ecosystems. Partnering with Airswift delivers a top-tier crypto payment experience for both consumers and merchants."
Initial Rollout
The service will launch first in North America and Europe, targeting retail and digital commerce sectors.
About Airswift
- Founded: 2022
- Headquarters: Vancouver, Canada
- Focus: Decentralized payment protocols, on-chain transaction financing, and Web3.0 financial infrastructure.
- Recognition: A leader in blockchain-based payment solutions.
👉 Explore Airswift’s innovative payment solutions
About Cloud Payments
- Parent Company: Fintiv Inc (mobile wallet unicorn).
- Founded: 2019
- Headquarters: Austin, Texas
- Expertise: Embedded finance and digital payment ecosystems for Web2.0/Web3.0 transitions.
👉 Learn more about Cloud Payments’ technology
FAQ Section
1. How does this partnership benefit crypto users?
It allows spending cryptocurrencies anywhere VISA/Mastercard is accepted, with real-time conversion and no extra steps.
2. Which cryptocurrencies are supported?
While specifics aren’t disclosed, major tokens like Bitcoin and Ethereum are likely included.
3. Are there fees for crypto-to-fiat conversion?
Yes, but the partnership emphasizes "optimized rates" to minimize costs.
4. When will services expand beyond North America/Europe?
No timeline yet, but global scalability is a stated goal for both companies.
5. How secure are these transactions?
Leverages the security protocols of VISA/Mastercard and blockchain technology.
6. Can NFTs be purchased without owning crypto directly?
The system likely converts crypto holdings at checkout, bypassing manual exchange steps.
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