Event planning platform Oveit has announced a strategic partnership with blockchain payment outlet Crypto.com to let about 1.5 million users pay with cryptocurrencies like XRP, Litecoin, and some others.
Via the partnership, Crypto.com payment platform, Crypto.com pay, will be integrated on Oveit’s payment platform bringing a unique experience for users, a report has said.
With the integration, over 1.5 million event attendees will be able to make payment with popular coins like BTC, XRP, LTC, and CRO. Hence, Oveit’s 3,500 online and offline event organizers will accept cryptocurrencies from users via the payment gateway.
Crypto.com will also enable instant conversion of cryptocurrencies received by event organizers to fiat currencies of choice. This is an option for those that do not wish to be exposed to crypto volatility.
To celebrate this new partnership, customers paying via Crypto.com Pay for events powered by Oveit will receive up to 10% cashback in CRO in their Crypto.com App wallet from now till 31 Jul 2020.
Oveit is also offering a commission waiver to event organizers on ticket purchase payments received via Crypto.com Pay Checkout till the end of the year.
Crypto.com Continues to Secure Partnerships
Crypto.com is regarded as one of the top payment platforms within the crypto ecosystem. It has continued to make major milestones in recent times with partnerships with key blockchain platforms.
In February, crypto hotel booking platform Truvala agreed on a partnership with crypto.com. This would allow over 1 million users to have access to crypto payments options in hotels across 200 countries.
This latest partnership with Oveit bodes well for crypto.com as it looks to gain broad adoption within the mainstream populace.
Oveit is an event booking platform that uses blockchain technology to build a unique ecosystem. The platform has over 1 million users and 3000 merchants.
Users can top up their wallets on the platform and use it for purchasing different events.
Oveit helps events and retail companies to track visitor’s behavior both online and offline, as well as increase revenue.