UTRUST, a cryptocurrency payment solution designed to modernize the finance and payments industry, announced on Monday its integration of DASH, a digital currency for payments and e-commerce, into the platform. UTRUST reported that expanding the available payments to include DASH, along with Bitcoin and Ethereum will allow UTRUST to provide merchants and consumers with the ability to pay with different types of cryptocurrencies.
As part of the announcement, UTRUST revealed it is launching cryptocurrency payments for Whow Games. The gaming company, which is considered UTRUST’s first merchant to launch Dash for purchases and cryptocurrency payments, will now allow the payment method to its nine million registered users. Speaking about the collaboration, UTRUST CEO, Nuno Correia, stated:“We are delighted to expand our ever-growing portfolio of merchants by integrating cryptocurrency payments for Whow Games and their 9 million registered users. As an industry, online social gaming typically suffers a higher than normal chargeback rate for credit card purchases. Through this partnership, we have a chance to directly tackle chargebacks – a long standing scourge on the payments industry – with crypto payments. Integrating DASH, a highly efficient and user-friendly currency, as a payment option to all UTRUST merchants and their customers is also a hugely positive milestone for us.”
Jan Heinrich Meyer, CEO of the Dash Embassy, went on to add:“It’s great to see UTRUST recognising DASH as a major cryptocurrency and integrating us on their platform. With a transaction speed of one second and over 15,000 transactions per day, Dash offers a global and highly efficient service. Our aim to drive the adoption of cryptocurrency payments and promote the future of digital assets perfectly aligns with UTRUST’s own mission so we’re pleased to partner with the platform and unite in our common objectives.”