Citcon, a leader in a payment gateway that provides online, mobile and in-store solutions in payment for over 6000 prestigious brands across the world, announced that it has partnered with Flexa. This renowned company that offers a network in digital payments for enabling merchants across the globe to accept crypt currencies as an option for payment.
About Citcon
Citcon is a global leader in mobile payments. Since 2015, Citcon has been building a payment infrastructure enabling billions of mobile wallets an alternative payment option to shop and pay anywhere and anytime across the world. Global brands such as L’Oréal, Hermes, Samsonite, Blue Nile, MGM Resorts, and so on have chosen the mobile payment solutions from Citcon for the expansion of their commerce and payments infrastructure. Headquartered in Silicon Valley, Citcon has five regional offices in the USA, Europe, Canada, and Asia.
About Flexa
Flexa is again a global leader in digital payments. It provides merchants and developers with simple payment integrations for the acceptance of digital currency. Its payment solutions are affordable, fast, and completely fraud-proof. Flexa was founded in 2018 with a mission to make payments accessible and more efficient for people worldwide.
Why have they partnered?
Merchants worldwide connected and accept payments via Citcon and Flexa are now guaranteed against loss or fraud during authorization time and with added cost. Dozens of digital currencies support both of these networks, including cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Dogecoin (DOGE). This partnership will empower people to use digital payments at a low cost with no overheads. It will enable the merchants can get payment settlement in the digital currency or U.S. dollars of their choice.
As per Bloomberg, there has been a surge in the total digital currency market capitalization as it recorded $2 trillion till the 5th of April. Also, Bitcoin’s price has risen greater than 100% this year and Ethereum has increased by nearly 190%.
Chuck Huang, CEO, and Founder of Citcon, happily states that they are happy to expand their crypto resources by joining forces with Flexa. In this way, they are enabling digital currencies, which will help payments future. It will allow the merchants to access digital currencies such that the global brand so that the access to the power of spending of the cryptocurrency holders. Trevor Filter, one of the co-founders of Flexa, states that Flexa’s approach to payment has been merchant-centric. He also adds that they are very happy for supporting Citcon towards strengthening the suite of merchant-friendly payment offerings. This strategic alliance of Flexa and Citcon for empowering their global consumers with a real utilization of their currency digital holdings with both offline and online retailers in a fee-less and contactless way.
