The Good Tech Companies - RedotPay Partners With StraitsX And Visa To Transform Digital Spending

Episode Date: February 10, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/redotpay-partners-with-straitsx-and-visa-to-transform-digital-spending. This initiative aim...s to redefine how users interact with their digital assets in everyday transactions by combining RedotPay's innovative technology with Visa' Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #redotpay, #chainwire, #press-release, #redotpay-announcement, #blockchain-development, #crypto-payment, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. RedotPay and StraitsX to launch an innovative card program in Singapore. The new card program will empower users to spend their cryptocurrencies effortlessly across millions of Visa-accepting merchants worldwide. With this innovative solution, users can utilize their cryptocurrencies directly, thanks to RedotPay's real-time conversion technology.

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Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Redot Pay partners with StraitsX and Visa to transform digital spending. By Chainwire, Hong Kong, Hong Kong, February 10, 2025, Chainwire, asterisk Redot Pay, a leading provider of crypto payment solutions, is excited to announce its collaboration with Visa and StraitsX to launch an innovative card program in Singapore. This initiative aims to redefine how users interact with their digital assets in everyday transactions by combining RedotPay's innovative technology with Visa's extensive global payment network. The collaboration is made possible through the essential support of StraitsX as the BIN sponsor fourth card program. Seamless transactions the new card program
Starting point is 00:00:45 will empower users to spend their cryptocurrencies effortlessly across millions of Visa accepting merchants worldwide. With this innovative solution, users can utilize their cryptocurrencies directly thanks to Redotpay's proprietary real-time conversion technology. This feature bridges the gap between digital assets and traditional commerce, making crypto spending as seamless as using a conventional debit or credit card. Compliance and Security Redot Pay is committed to providing users with a secure and trustworthy platform for their transactions. The partnership emphasizes robust security measures to protect user data and funds, fostering confidence in the use of cryptocurrencies for everyday purchases. Enhancing user experience greater than, we are thrilled to partner with Visa and StraitsX to
Starting point is 00:01:30 bring this innovative greater-than-card program to Singapore, said Michael, CEO of Redot Pay. This collaboration greater-than marks a significant step forward in our mission to make crypto payments greater-than-accessible and user-friendly, promoting the mass adoption of cryptocurrencies greater-than-in-pay payment systems. Our users will enjoy the flexibility of spending their greater-than-digital assets just like traditional currency. Greater-than-Jason Tay, head of commercial at StraitsX said, We are excited to support greater-than-redot pay in launching this innovative card program in Singapore. This greater-than partnership is a game-changer for everyday retail use cases, enabling users
Starting point is 00:02:08 to greater-than easily leverage their digital assets for daily transactions. As the Bin greater-than sponsor, StraitsX is dedicated to powering this initiative, which will greater-than transform how consumers interact with cryptocurrencies in the retail space. By greater-than combining our technology with Visa's vast network, we are making it easier greater than than ever for users to seamlessly integrate digital assets into their everyday greater than spending. Greater than, based on a Visa study, close to 6 in 10 consumers in Singapore are aware of greater than cryptocurrencies. In fact, over 35% of cryptocurrency owners in greater than Singapore use cryptocurrencies
Starting point is 00:02:45 for retail purchases. 1. We are happy to greater than support our partners who are helping more cryptocurrency users have a more greater than seamless payment experience and access to digital payments leveraging on their greater than Visa cards for face-to-face or online transactions. Visa is committed to greater than promoting innovation with our valued partners and this initiative with greater than Redot Pay and StraitsX aligns with our vision to become the best way to pay and greater than be paid, said Adeline Kim, Visa country manager for Singapore and Brunei. Looking ahead the redot paycard program soft launched late 2024, featuring a user-friendly
Starting point is 00:03:21 interface designed for both convenience and security. Users will have the ability to manage their crypto assets easily, making everyday spending as simple as swiping a card. About RedotPay RedotPay is a leading crypto payment company, headquartered in Hong Kong, eligible to operate across various Asian, European, and other jurisdictions. Their mission is to enable crypto adoption as a medium of exchange, increase payment efficiency with blockchain, and promote financial inclusion for the unbanked.
Starting point is 00:03:53 Through intuitive interfaces and proprietary blockchain technology, Redot Pay simplifies crypto transactions while prioritizing enterprise-grade security. The platform enables seamless integration of digital assets into everyday spending, ensuring accessibility and trust for both businesses and individuals. For media inquiries, users may contact press at redotpay.com about StraitSX. StraitX is Southeast Asia's leading digital payment infrastructure provider and a licensed major payment institution regulated by the Monetary Authority of Singapore. Leveraging blockchain technology within a secure, regulated environment, StraitsX empowers businesses and individuals with innovative
Starting point is 00:04:30 tools for managing funds, integrating digital assets, and enabling seamless cross-border transactions. Through partnerships with global financial institutions, businesses, and developers, StraitsX is driving the future of digital payments and financial connectivity. 1. Visa Green Shoots Radar. Study conducted across Asia-Pacific markets, including 500 Singapore respondents in June 2023. Contact redotpay redotpaypress at redotpay.com. Tip This story was distributed as a release by Chainwire under HackerNoons Business blogging program. Learn more about the program here, and thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.

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