OKONTO announces partnership with Cyclebit payment operator
February 4, 2020
OKONTO is pleased to announce the start of cooperation with Cyclebit. The service enables payments for goods via POS terminals, as well as the purchase and sale of cryptocurrencies. Cyclebit's key features are speed and simple out-of-the-box solutions. They are now live-tested and provide crypto payment capability for merchants in the EU, US, Canada, and SEA countries.
The digital platform OKONTO serves as a key technical partner for the Cyclebit, providing liquidity and enabling high-speed cryptocurrency transactions. This is crucial for providing a user experience expected by the business and crypto community alike to promote the widespread use of digital money for everyday payments.
"Cyclebit is one of the leading crypto payment service providers in Europe. The company provides fast, secure, and accessible retail payments in digital currencies, making them as simple as the regular banking card payments," says OKONTO's CEO Sergei Chashchin. "We are excited to be partnering with Cyclebit to provide our infinite liquidity pool. This will allow operating the service more efficiently, build the bridge between retail and cryptocurrencies and transform the global payment industry".
"The speed is crucial for cryptocurrency payments. Our partnership with OKONTO helps to mitigate the risk of high-speed volatility, often associated with crypto, turning digital assets into a steady, reliable payment tool. This will make it more attractive for business and bring digital money into real life for the crypto community," says Cyclebit Business director Serg Ruden. "We want to make crypto the everyday tool for everyone by making it easy to use and fast. Working with OKONTO makes this future that we strive for, much closer".