This week saw the announcement of three cryptocurrency payments
partnerships. In a recent press release, a major U.S. financial
services company announced a partnership with a major U.S.
cryptocurrency exchange. The release indicates the partnership will
allow the exchange's customers to use eligible debit cards
issued by the financial services company to transfer funds into
their exchange account in real time, directly purchase
cryptocurrency on the exchange, and cash out funds from the
exchange to a bank account.
B2C2 and OpenPayd also announced a partnership this week, with
B2C2 adding OpenPayd's embedded finance capabilities to
B2C2's global instant settlement network. A press release
states the partnership will benefit B2C2's clients by
allowing them to seamlessly send and receive fiat currency for
trade settlement, access multi-currency accounts, instantly send or
receive third-party payments, and receive an easier onboarding
experience onto OpenPayd.