Global payments group Trust Payments has announced a partnership with Everest, a licensed crypto custodian with its own high-speed blockchain, and the world’s first global and programmable stablecoin.
The partnership between the two global companies will allow Trust Payments users to grow their crypto business and offer mass-market crypto services.
Everest is a regulated fintech company that offers blockchain solutions for biometric identification, custodian, and banking services. Trust Payments facilitates card payments from customers around the world, connecting with over 50 global banks to support multi-acquirer processing. Trust Payments also holds an Authorised Payment Institution (API) License from the UK FCA, and Principal Memberships with Visa and Mastercard.
Alison Conway, Head of Strategic Development at Trust Payments noted:
“We are excited to start our partnership with Everest. Users can buy crypto quickly and easily and later trade, send, receive across many services on the Everest platform. Our merchants wanting to expand globally into the crypto market can benefit a tremendous amount from the services they have to offer,”
Everest was founded in 2016 and offers a decentralized platform that incorporates a massively scalable payment solution, EverChain, with several utilities.
Bob Reid, CEO Everest Network Ltd. commented on the partnership:
“As we grow and scale, we are thrilled to partner with Trust Payments and offer solutions where users can deposit fiat-in from any debit card from anywhere in the world and purchase crypto over Everest’s licensed platform. Trust Payments’ ability to process debit card transactions will increase Everest’s reach and ease-of-use, bringing about mass-market crypto services, like buy, sell, trade, send any currency globally, access lending and borrowing.”
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
