UTRUST partners with Payrexx to offer crypto payments for European merchants

Cryptocurrency payment company UTRUST, who provides a platform that makes cryptocurrencies spendable for online purchases, today announced a new partnership with Payrexx, a European-based Payment Service Provider (PSP).

The partnership aims to boost the overall European crypto-payment landscape by providing merchants access to 40 million cryptocurrency holders around the world.

Through this integration, Payrexx now has a user-friendly crypto payment solution to offer to their database of more than 10,000 merchants, including Adidas, Hotelcard, Alexander Wang, Amavita and Sixt.

[perfectpullquote align=”full” bordertop=”false” cite=”Nuno Correia, founder, and CEO of UTRUST” link=”” color=”” class=”” size=””]“We are excited to partner with Payrexx, as the company truly understands how to adapt to the changing market needs of merchants. This partnership enables both companies to unleash the opportunity for more mainstream acceptance of crypto-payments.”[/perfectpullquote]

[perfectpullquote align=”full” bordertop=”false” cite=”Payrexx CEO Ivan Schmid” link=”” color=”” class=”” size=””]“When we were looking for a new crypto-payments partner, UTRUST’s deep-rooted understanding of merchant and customers’ requirements when it comes to these payments stood out. Their solution protects users from the inherent volatility of crypto markets, ensuring that those who want to transact will have a consistent price for goods and services.”[/perfectpullquote]