We are pleased to announce that Crypto.com Pay now supports the Cronos network from any wallet. With this integration, users can pay using CRO, ETH and USDC on Cronos, and more tokens will be supported soon. This new enhancement on Crypto.com Pay will help merchants expand their reach by giving their customers more ways to spend their crypto, paving the way for greater adoption of crypto payments worldwide.
There are an estimated 220+ million crypto users globally. It represents a massive market potential for online merchants seeking to attract crypto users to their websites. Supporting Cronos firmly establishes Crypto.com Pay as the crypto payment gateway of choice for all online merchants who are keen to adopt cryptocurrencies for payments.
Cronos is the first Cosmos EVM chain for DeFi, NFTs and the Metaverse. It aims to massively scale the DeFi and decentralised application ecosystem, by providing developers with the ability to instantly port apps from Ethereum and EVM-compatible chains. With low cost, high throughput, fast finality, and built-in interoperability, Cronos is poised to bring decentralised applications to the 10M+ user base of the Crypto.com ecosystem and beyond.
Since launching in 2018, Crypto.com Pay has helped merchants such as TIME Magazine, Ledger, and Coinzilla, as well as platforms such as WooCommerce and Oveit, to tap into the global cryptocurrency economy and accept crypto on their website. Crypto.com Pay features zero transaction fees and only a 0.5% fee for settlements – an 80% saving on fees compared to typical payment processors. The integration only takes minutes for merchants to complete.