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The Crypto hardware portfolio provider signed an agreement with Crypto.com for encrypted payment to allow users to pay for their products with encryption, according to a press release shared with Cointelegraph on December 19th.
Crypto.com, based in Hong Kong, has signed a Memorandum of Understanding (MOU) with Ledger that will allow Ledger to adopt its Crypto.com Pay service. The payment platform will presumably allow Ledger's customers to pay for cryptocurrency products.
Crypto.com Pay will be placed in Ledger's online store, where customers can make purchases through the Crypto.com Wallet and Card application.
While the press release does not specify which cryptocurrencies will be supported by the new payment solution, Wallet of Crypto.com presents seven legal currencies and six cryptocurrencies, according to their website.
According to Crypto.com Medium, the portfolio supports Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), as well as Binance Coin (BNB), Monaco (MCO) and its own Crypto.com Token chain ( CRO).
Ledger's CEO, Éric Larchevêque, said that the introduction of an encryption option for the purchase of products is a "natural step" and this payment method is "just what [Ledger] customers are looking for. "
Ledger has recently opened a new office in New York to develop its housing offering targeted at the institution called Ledger Vault. Ledger appointed the former manager of Intercontinental Exchange (ICE) Demetrios Skalkotos to lead global business unit operations for the project.
In November, Ledger added support for the Monco (XMR) privacy-focused device to its Wallet Nano S device, having previously restored support for Bitcoin Cash (BCH), following the suspension of service in mid-November .
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