Coin On and Mr. Pay partner to expand POS network in Italy

04/09/2023 13:30 • AI & Tech Insights • 69 views

According to reports, Coin On announced on its official social media that it has reached a partnership with the financial technology platform Mr. Pay to expand its POS network in major cities in Italy. It is expected to cover 5000 POS devices locally and allow Coin On gift cards to be used to support over 270 cryptocurrencies, including Bitcoin and Chaigou, as well as many fiat currencies. It is reported that Coin On gift card related transactions have zero fees for Coin On and non Coin On users.

Coin An and Financial Technology Platform Mr. Pay Achieve Cooperation to Expand POS Networks in Major Italian Cities

Coin On, an Italian-based cryptocurrency platform, has recently announced a partnership with Mr. Pay, a financial technology platform, to expand its point-of-sale (POS) network in major cities in Italy. This partnership is expected to bring more convenience and accessibility to cryptocurrency enthusiasts, as it covers a wide range of cryptocurrencies and fiat currencies for transactions.

The Expansion of Coin On’s POS Network in Italy

Coin On, one of the leading cryptocurrency platforms in Italy, has continued to penetrate the market by expanding its service offerings. This expansion comes in the form of their partnership with Mr. Pay to increase the number of POS devices available in major cities across Italy. This will make it easier for cryptocurrency users to conduct transactions and exchange their coins.
This move is seen as a strategic move by Coin On to increase its presence in the market and tap into the growing demand for cryptocurrency payments. The partnership with Mr. Pay is expected to allow Coin On to offer its services to more people, enabling them to pay for goods and services with their cryptocurrencies.

The Benefits of the Coin On and Mr. Pay Partnership

The partnership between Coin On and Mr. Pay comes with many benefits, ranging from convenience to cost-saving. With over 5000 POS devices set to be available, users can easily conduct transactions using their Coin On gift cards, which can support over 270 cryptocurrencies, including Bitcoin and Chaigou, as well as many fiat currencies.
Furthermore, the partnership will enable Coin On to process transactions with no fees for both Coin On and non-Coin On users. This is a significant advantage for users, as they are not burdened by hefty transaction fees whenever they conduct transactions or when they convert their cryptocurrencies to fiat currencies.

What the Future Holds for Coin On

Coin On’s partnership with Mr. Pay is a significant step towards the platform’s goal to offer better services and enhance its reach. This partnership is expected to bring in more users, increase the adoption of cryptocurrencies, and make it easier for merchants to accept cryptocurrencies as payment.
With its POS network expansion, Coin On is set to create a more accessible and frictionless platform for cryptocurrency transactions. This, combined with the zero-fee transaction feature and the broad range of supported cryptocurrencies and fiat currencies, makes Coin On a strong contender in the Italian cryptocurrency market.

Conclusion

The partnership of Coin On and Mr. Pay marks a significant step towards the expansion of cryptocurrency transactions as Italy’s market becomes more receptive to digital payments. With its POS network’s expansion, Coin On is set to increase its presence in the market and attract more users to its platform. This partnership is a testament to the platform’s commitment to provide better services and explore new possibilities for cryptocurrencies in Italy.

FAQs

1. What is Coin On?
Coin On is a leading cryptocurrency platform based in Italy. It offers a wide range of cryptocurrency-related services, including exchanging, trading, and wallet services.
2. What are the benefits of Coin On and Mr. Pay partnership?
The partnership will expand Coin On’s POS network, enabling more people to pay for goods and services with their cryptocurrencies. The partnership will also allow zero-fee transactions for both Coin On and non-Coin On users.
3. How many POS devices will be available after the partnership?
The partnership is expected to cover 5000 POS devices locally in major Italian cities.

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