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Cryptocurrency News Articles

Crypto.com and Sony Electronics (Singapore) Pte. Ltd. (SES) Have Announced a New Payment Option for Customers

Apr 02, 2025 at 10:56 pm

Sony Electronics (Singapore) Pte. Ltd. (SES) and Crypto.com have announced a new payment option for customers. From now on, users can pay for purchases on Sony Store Online through USDC, the stablecoin linked to U.S. dollar values.

Crypto.com and Sony Electronics (Singapore) Pte. Ltd. (SES) Have Announced a New Payment Option for Customers

Sony Electronics (SES) Singapore and Crypto.com have joined forces to empower customers with a new and convenient payment option. From now on, users can seamlessly pay for purchases on Sony Store Online using USDC, the stablecoin pegged to U.S. dollar values.

This collaboration aims to broaden access to crypto-based transactions while offering tech-oriented customers additional ease in their spending.

As transactions with cryptocurrency continue to increase in global markets, various companies' integration of digital assets into payment platforms promotes the acquisition of present-day consumers. Among those leading the crypto payment trend is Crypto.com, which operates as a major cryptocurrency exchange. The company serves users from 90 nations with more than 140 million customers who trust its stringent standards regarding security and privacy and adherence to regulations.

General Manager Chin Tah Ang from Crypto.com Singapore highlighted the importance of this strategic partnership. The partnership between Sony Electronics Singapore and Crypto.com has set the goal to popularize cryptocurrency payments. Working with the reputable Sony Electronics Singapore allows the company to raise awareness about simple crypto transactions for daily purchases.

The payment integration system offers advantages to users and Sony Electronics, according to his explanation. The integration brings Sony Electronics new customers through convenient crypto payment, while consumers gain an extra spending option in the real-world marketplace.

The Singaporean division of Sony Electronics operates as the initial consumer electronics organization in the nation to implement point-to-point cryptocurrency payments. The company demonstrates its dedication to innovation, along with placing customers at the center of its operations, by implementing this new payment option.

Crypto.com Pay enables smooth checkout transactions on the Sony Store Online platform for all Crypto.com users. Currently, USDC stands as the payment option, and Sony Electronics Singapore plans to introduce additional digital currency options within its payment system. User crypto balances will extend payment capabilities to allow direct purchases through the system.

The trend of businesses accepting cryptocurrency is growing. In November 2024, Nano Labs adopted Bitcoin payments for its Hangzhou-based integrated circuit design company. Coinbase served as the processing network for the company when it started accepting Bitcoin payment methods. The implementation of Bitcoin payment marked a critical advancement in the process of crypto adoption into traditional financial institutions.

On the other hand, the government of Bolivia announced its approval of cryptocurrency for energy imports in March 2025. As the country tackled its economic problems, the new process enabled cryptocurrency payments to fulfill national fuel needs. Digital assets establish themselves as critical components for worldwide trade operations.

The decision of Sony Electronics to use crypto payments could motivate other businesses to adopt the same method. The worldwide transformation toward digital finance creates a business need for attracting clients through novel payment solutions and efficient transaction processes. The Crypto.com and Sony Electronics partnership functions as evidence that cryptocurrency payments will remain active in the market.

For now, Sony Store Online users in Singapore have access to USDC payment solutions for their purchases. Digital payments continue to grow more promising as cryptocurrencies continue to expand in number.

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Other articles published on Apr 05, 2025