Crypto Payments Simplified: Revolut Partners with Ledger for Seamless Transactions in Europe
Partnerships in any industry are a powerful tool for business growth, allowing one to attract a new audience and implement innovative solutions within the company. Regardless of the type of collaboration, it plays a key role in the success of an enterprise. It’s important to understand that partnerships can vary in nature, but their significance should not be underestimated. The Web3 industry, a significant player in this context, is actively interacting with traditional Web2 companies, and our partnership announcement is a testament to this significant development. In one of our previous articles titled "How Stepn and Adidas are Setting New Standards With NFT Genesis" we explored examples of such initiatives in detail.
In today's news, Coinmooner is excited to share information about a new and optimistic partnership that promises to benefit both the banking sector and cryptocurrency enthusiasts. Recently, it was announced that the online bank Revolut partnered with Ledger to integrate crypto payments in 27 European Economic Area (EEA) countries, significantly simplifying transactions and online payments.
As part of this partnership, Revolut will become the official provider of cryptocurrency services in the Ledger Live app, covering 27 EEA countries, including Bulgaria, the Czech Republic, Denmark, Ireland, Latvia, Malta, and Switzerland. This collaboration opens up new opportunities for users, offering them a convenient and secure way to manage their crypto assets.
Ledger and Revolut Collaboration: Simplifying Crypto Transactions with Instant Access and No Verification
Coinmooner decided to delve deeper into the details of the new partnership, and it has been revealed that thanks to the new integration, Revolut customers will be able to skip the verification process and start trading cryptocurrencies immediately. This will significantly simplify the handling of digital assets, allowing users to begin trading instantly. Additionally, Revolut is offering its customers the Revolut Pay service, which ensures instant online payments, making financial transactions even more convenient and faster.
It’s worth noting that Revolut has expressed its excitement about partnering with Ledger, a leading player in the self-custody space. This collaboration opens up new horizons for further improving the Revolut platform, making it an even more functional and user-friendly financial app for crypto investors. This strategic partnership strengthens Revolut’s position in the market and expands user opportunities, offering them high standards of security and convenience in managing their assets.
Launched in 2015, Revolut quickly grew into the UK’s largest fintech company, earning the trust of over 40 million customers worldwide. In 2017, the company took a significant step in its development by offering cryptocurrency services through its online banking platform. This move allowed Revolut to significantly expand its customer base and become one of the leading platforms for cryptocurrency operations.
For users in the Web3 industry, this is excellent news, as they will have the ability not only to use banking services but also to easily manage cryptocurrencies, which will be a crucial advantage in today’s digital world. Coinmooner will closely monitor the development of this exciting partnership and will strive to provide its readers with the most up-to-date information. We also want to remind everyone that in the crypto industry, it is imperative to remain vigilant and use advanced methods to protect your finances and safeguard against potential risks and threats.