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ROSWELL, Ga.
PXP Financial, an expert in global acquiring, payment, fraud and data analytics services, today announces a partnership with global cryptocurrency payment technology provider ForumPay.
The partnership will enable crypto payments through PXP’s unique unified multi-channel payment platform. Going forward, PXP merchants will be able to use ForumPay’s next-generation payment technology and industry-leading expertise to accept crypto payments from any of the more than 425 million crypto wallets used by consumers around the world.
Instant conversion to traditional currencies with guaranteed payment will provide a simple, fast, seamless and risk-free point-of-sale experience for merchants and consumers alike.
Commenting on the announcement, Kamran Hedjri, Group CEO of PXP Financial, said, “We recognize the importance for merchants to accept digital currencies as payment for goods and services in order to stay competitive and keep up with the changing consumer expectations. Widespread adoption of cryptocurrencies is definitely on an upward trajectory.
“ForumPay is a best-in-class crypto payment partner thanks to its unique enterprise-level architecture that will allow us to offer crypto payments to all of our merchants through simple integration.”
PXP Financial provides a single unified payment platform to accept online, mobile and point-of-sale payments. Powered by in-house acquiring, over 200 alternative payment methods and financial services, PXP processes over €21.5 billion per year.
Josh Tate, CEO and Co-Founder of ForumPay, added, “We are extremely excited to announce our partnership with PXP which will provide risk-free crypto processing to thousands of merchants globally. Our integration allows PXP merchants to service the entire crypto market (all 425 million crypto wallets), attracting new customers and generating additional sales. We would like to thank PXP for their thought leadership and trust in us.
Whatever your business needs today or tomorrow, PXP Financials innovative payment platform is equipped to support your business growth with all the payment services you will need from a single source, where that your business leads you. To learn more about the PXP Financial family of companies, please visit: www.pxpfinancial.com
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About PXP Financial
The end-to-end payment platform: PXP Financial provides a single unified payment platform to accept online, mobile and point-of-sale payments. Powered by global acquiring, over 200 alternative payment methods and financial services, the PXP Financial family of companies processes over €21.5 billion globally annually through our unified gateway. Whatever your business needs today or tomorrow, PXP Financials innovative payment platform will support your business growth with all the payment services you will need from one source, wherever your business leads you. To learn more about the PXP Financial family of companies, visit: www.pxpfinancial.com.
About ForumPay
ForumPay is a comprehensive cryptocurrency payment gateway company. Their products help businesses attract new customers, optimize customers’ ability to spend, and increase revenue by reaching out to over 425 million crypto consumers globally. Its wallet-agnostic solution enables the entire crypto consumer community to spend with their favorite cryptocurrency and from their favorite wallet for all everyday purchases of goods and services right down to automobiles and real estate. Its services eliminate the trader’s exposure or risk by processing the transaction with instant conversion from crypto to traditional currency. Merchants simply receive their payments in the currency of their choice directly to their preferred bank account. The transactional experience is the same as accepting other popular payment options, including cash, credit cards, and bank transfers, but simpler, faster, and more secure.
In today’s competitive environment, ForumPay is a great tool for businesses to gain a serious competitive edge with the fastest growing consumer segment in the world. Studies show that 40% of consumers who spend crypto at merchants are actually new customers for the merchant generating those additional sales. Additionally, crypto consumers are shown to spend twice the average order value (AOV) of a typical credit card consumer, illustrating the attractive and affluent demographics.
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