The Swedish company, Cyclebit, has signed a global partnership agreement with Tangem. Tangem smart note holders will soon be able to use their crypto for retail payments through more than 200,000 POS terminals within Cyclebit network.
The terms of the agreement will simplify purchase of Tangem notes for individuals, and reload crypto into Tangem notes via the Cyclebit payment terminals and network. This will lead to a global increase in crypto usage.
Cyclebit and Tangem partnership offers a unique technological solution that will allow the use both of cryptocurrencies and fiat money for secure money transfers internationally.
«Tangem’s mission is to make crypto payments affordable and convenient for ordinary consumers. Cooperation with Cyclebit brings us closer to this goal» comments Andrey Kurennykh, Tangem CEO and founder.
«Cyclebit is committed to making crypto payments a part of our everyday life,- says Dan Bessmert, Cyclebit CEO. - Our terminals give the opportunity to merchants to receive and sell digital assets. Using the Tangem Note card and the Cyclebit terminals, any consumer can become the owner of cryptocurrency and use it for everyday payments the similarly to plastic cards and contactless payments. This strategic partnership lays the foundations of the payment ecosystem, which will definitely become a new standard in the future».