THELOGICALINDIAN - PayID a accepted acquittal identifier enables Cryptocoms 5M users to sendreceive crypto beyond any arrangement beneath the aforementioned action abutting 100M consumers worldwide
Crypto.com today appear PayID, a accepted acquittal character developed by the Open Payments Coalition, is now accessible on the Crypto.com App.
Crypto.com’s 5M users can annals for a PayID from the Crypto.com app, accumulation circuitous wallet addresses and accounts into a simple ID that works beyond any acquittal arrangement and currency. Users who annals for their different PayID will get an absolute Crypto.com-branded, easy-to-read ID — such as “yourname$payid.crypto.com — that enables users to send/receive crypto payments from added accordant wallets with aloof a distinct ID, abatement their adeptness to affix to 100M crypto users worldwide.
PayID solves a key affliction point in the crypto payments world, consisting of abounding bankrupt and circuitous networks. Participants charge administer assorted continued and accidental wallet addresses, accretion the likelihood of erroneous transactions. PayID creates a free, open, and accepted agreement that allows interoperability amid any acquittal arrangement or currency.
Starting today, Crypto.com is alms aboriginal admission to baddest barter to annals their different Crypto.com PayID. To be eligible:
On Nov. 2, 2024, all Crypto.com App users can annals their own Crypto.com PayID aural the Crypto.com App.
Once registered, users can accelerate crypto from added accordant wallets to the Crypto.com App with aloof their PayID, instead of a feature crypto address. At launch, accurate cryptocurrencies accommodate CRO, ETH, BTC, XRP, and abounding added ERC20 tokens. Users can additionally accelerate crypto to added accordant wallets application PayID hosted by added Open Payments Coalition members.
About Crypto.com
Crypto.com was founded in 2016 on a simple belief: it’s a basal animal appropriate for anybody to ascendancy their money, data, and identity. Crypto.com serves over 5 actor barter today, accouterment them with a able another to acceptable banking casework through the Crypto.com App, the Crypto.com Card, the Crypto.com Exchange, and Crypto.com DeFi Wallet. Crypto.com is congenital on a solid foundation of security, privacy, and acquiescence and is the aboriginal cryptocurrency aggregation in the apple to accept ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI: DSS 3.2.1, Level 1 compliance. Crypto.com is headquartered in Hong Kong with a 600 able team. Find out added by visiting https://crypto.com
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