View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
  2. Company news
February 15, 2019

Simplex to enable credit card payments for crypto purchases on Netcoins

Netcoins, a cryptocurrency exchange based in Canada, has collaborated with payment processing company Simplex to support the purchase of cryptocurrencies with credit cards.

The new offering can be availed by both new and existing Netcoins customers, with immediate effect.

Customers can buy crypto using credit cards at Netcoins.app.

Currently, the exchange facilitates crypto transactions through retail locations, pre-paid vouchers as well as online with account funds.

Commenting on the partnership, Netcoins CEO Mark Binns said: “We continue to work hard at making crypto more accessible to the mainstream public.

“Netcoins is uniquely positioned to service all levels of crypto traders, whether they are someone who prefers a familiar retail setting, or someone who wants a seamless online experience.

“We are thrilled to be working with Simplex to enable credit card payments, and a fast and secure way for our users to purchase crypto via our portal.”

Other recent partnerships of Simplex:

A couple of days ago, Singaporean crypto exchange KuCoin tapped Simplex to enable credit card payments for crypto purchases.

Last month, Malta-based digital asset exchange Binance launched a similar service, in association with Simplex.

For both the firms, the collaboration supports the purchase of Bitcoin, Ether, Litecoin, and XRP with credit cards.

 

 

 

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International