A well-known Singaporean fintech company has announced that it has entered into a partnership with FCF Pay. The situation definitely helps with wider acceptance of cryptocurrencies as a payment method in Singapore. Shiba Inu stands to gain from this development.
Jeripay is an app founded in 2017. It is a form of comprehensive financial management, for consumers in Asian markets. It was created to allow customers to get a detailed overview of loyalty points, balance and purchase history. This allows for better control over spending, as well as the reward system. All transactions concluded in the application take place in real time. An important aspect of Jeripay is that users can manage their JeriLoyalty, JeriFood, JeriPay, JeriCard and JeriStore experiences from one place.
Thus, Jeripay’s business is contained in the areas of payments, retail banking, loyalty systems and coupons. It affects all sales channels such as online, mobile and ePOS.
Cooperation with FCFpay a gateway for Shiba Inu
Jaripay app developers have announced that they have entered into a close partnership with Canada’s FCFpay. This North American company supports Shiba Inu ecosystem tokens such as SHIB, BONE and LEASH in its ecosystem. Shiba Inu in the FCFpay space made its official debut on July 7, enabling 5 million online stores in 195 countries to accept a bundle of all three coins, linked to Killer’s Dogecoin ecosystem.
Now payment with the aforementioned assets will become possible, at an additional 8,000 points across Singapore. John Nasr, CEO of FCF Pay, comments on the matter with these words:
“Jeripay’s seamless all-in-one device solution with a scalable Android platform makes us a great partner for expansion plans in the Asia-Pacific region. In addition, Jeripay has extensive experience in providing loyalty integration platforms for malls, loyalty operators, e-wallet providers, or recharge kiosks, and has enabled more than 8,000 acceptance points across Singapore, making it a perfect fit for us to help us get started in Singapore. We believe this partnership will bring cryptocurrency payments to diversified merchants where they are needed most.”
Shiba Inu expands expansion
During the current cryptocurrency winter, Shiba Inu is one of the spaces that has been successively expanding, often leaving its competitors far behind. We have repeatedly reported on news coming out of the dog coin space. In the last of our articles, we touched on new tokens currently being created in the ecosystem. If you haven’t read it yet, be sure to take a look: “Huge growth of Shiba Inu paves way for TREAT and SHI”.