Pomelo Pay Taps TripleA to Expand into Cryptocurrency Payments

Fintech platform Pomelo Pay has partnered with cryptocurrency payments services provider TripleA to enable businesses financial institutions, merchant acquirers, payment service providers and other fintechs, to offer cryptocurrency payments service.

Pomelo's B2B platform supports businesses with frictionless payments, merchant acquiring services and more. As a unified white label solution, businesses can enable their merchants or partners to accept popular international payment methods securely with the latest technology.

Licensed by Singapore's Central Bank, TripleA is a white-label crypto payment gateway that connects both crypto users and non-users around the world in a safe and secure manner. With its instant confirmation, locked-in exchange rates, and real-time fiat conversions, businesses get to pay and get paid in crypto without the hassle of holding or converting digital currencies. Businesses are also shielded from the risk of fraudulent transactions with no chargebacks.

Vincent Choi, CEO of Pomelo Pay said: "We are excited to be joining forces with Triple A to enable cryptocurrency as a direct form of payment. TripleA is a reliable and regulated crypto payment solutions exchange provider entrusted by users and merchants, so it is the perfect partner for us. With the growing demand for crypto as a form of payment, this is an exciting next stage in our mission to help businesses innovate payments acceptance and give consumers the choice to pay the way they want to".

"TripleA is thrilled to partner with Pomelo Pay to allow businesses to accept cryptocurrency payments," said Eric Barbier, CEO of TripleA. "With our partnership, businesses get to tap into the spending power of more than 300 million crypto owners globally, without bearing any price volatility risk."