Cryptocurrency payments company UTRUST today announced a partnership with e-commerce storefront Jumpseller effective immediately. Over 35,000 merchants will be able to use the UTRUST platform in order to accept cryptocurrency as a means of payment through this partnership.
Using the UTRUST platform, merchants that create online stores on Jumpseller can now instantly start accepting cryptocurrency payments from customers. In addition, the new integration provides Jumpseller merchants with guaranteed protection against market volatility by enabling crypto-to-cash settlements.
“UTRUST will enable all Jumpseller merchants and their customers with a payment solution, which is faster, cheaper and chargeback-free. We are excited to work together and to play a role in this currency revolution.”
The UTRUST payment system enables customers who have cryptocurrency holdings to instantly use their cryptocurrencies to pay for goods and services from merchants on Jumpseller, which will accept multiple crypto-assets as means of payment. The UTRUST platform converts tokens instantly to fiat currency to protect the merchant and customer from fluctuating cryptocurrency prices during the transaction.
“This integration opens up Jumpseller’s marketplace to new sources of revenue from cryptocurrency payments, which in turn will expand merchant sales, business reach and establish a differentiation factor in a highly competitive market. We look forward to continuing to identify partnerships such as this that integrate our solution directly with a global software provider and enable UTRUST to reach thousands of new merchants and millions of potential customers.”