Summary: MugglePay, a leading platform in the realm of cryptocurrency payment solutions, is taking the initiative to empower AI companies to boost their revenue by championing the widespread adoption of cryptocurrency transactions.
SINGAPORE CITY, SINGAPORE / ACCESSWIRE / January 5, 2024 / In an ambitious move to widen their customer base, a multitude of AI companies are now embracing cryptocurrency payments, utilizing the services of MugglePay, a leading crypto payment gateway. This strategic decision not only diversifies their revenue streams but also signifies a significant shift in the perception and utilization of digital currencies in the business realm.
MugglePay, acclaimed for its groundbreaking transformation in 2023 into the world’s first crypto-native payment gateway featuring Web3 login, has been instrumental in this industry-wide paradigm shift. With a core technology team hailing from Stanford University, MugglePay is at the forefront of innovation in the field. Their commitment to building a crypto-native world is evident in their robust decentralized settlement protocols and account systems, which provide unparalleled privacy and financial security for merchants.
MugglePay‘s journey from a niche investment commodity to a key player in the crypto economy reflects the increasing acceptance of cryptocurrencies as a legitimate currency form. MugglePay‘s mission is clear: to transform “cryptocurrency” into a universally accepted medium of exchange. Despite cryptocurrencies having a market capitalization and user base comparable to the US dollar M0, their integration into daily financial transactions is still in its infancy. MugglePay aims to revolutionize this.
A report from Checkout.com, ‘Demystifying Crypto Report,’ reveals a growing trend among younger consumers, with 40% of users aged 18-35 planning to use cryptocurrency for purchasing goods and services in 2022. In just the fourth quarter of 2021, Visa processed a staggering $2.5 billion in cryptocurrency payments. This data underscores a strong demand for cryptocurrency payment options across consumer segments, particularly in the AI and technology sectors.
Understanding this shift in consumer behavior, MugglePay is strategically positioned to help AI companies capitalize on this trend. The platform offers innovative solutions that not only accommodate but also encourage cryptocurrency transactions, tapping into a market eager to utilize digital currencies for everyday purchases.
Key to MugglePay‘s strategy is its collaboration with pioneering brands in the AI space.
Questflow, a collaborative AI automation tool, epitomizes this synergy. By integrating cryptocurrency payments through MugglePay, Questflow is not just streamlining task delegation across platforms but also accessing new avenues of revenue. This strategic move showcases the direct impact of cryptocurrency adoption on enhancing business operations.
DeepLink, another MugglePay partner, stands at the vanguard of decentralized AI cloud gaming rendering. Leveraging cutting-edge AI super-resolution technology, DeepLink enhances the gaming experience, while MugglePay‘s cryptocurrency solutions open up new revenue channels. DeepLink Software, associated with this protocol, aligns perfectly with MugglePay‘s vision of broadening cryptocurrency use in AI-driven gaming.
LegalNow, utilizing AI to provide legal services, has also adopted MugglePay for cryptocurrency transactions. This move not only democratizes legal access for smaller entities and individuals but also aligns with the Web3 ethos, adding a new dimension to revenue generation in the legal sector.
PartnerR, a PR firm specializing in Web3, AI,and gaming,is dedicated to offering affordable PR services accessible to everyone. Its slogan is “not only Public Relations, but also Partner Resources. PartnerR represents another facet of MugglePay‘s extensive collaboration network. This partnership underscores the comprehensive support system MugglePay provides to startups in the gaming and AI sectors, facilitating everything from payments to navigating initial market challenges. The collaboration highlights the impact of cryptocurrency on revenue growth for startups, fostering an environment conducive to innovation and sustainability.
MugglePay‘s commitment to empowering AI companies through cryptocurrency adoption reflects a broader shift in the industry. As crypto becomes more intertwined with business transactions, MugglePay is positioning itself as a crucial facilitator for businesses aiming to capitalize on this evolving financial landscape.
About MugglePay:
Founded in 2019 and headquartered in Singapore, MugglePay is a leading crypto payment service provider. MugglePay offers an SDK to assist merchants in accepting crypto payments and is a member of the Singapore FinTech Association. It has helped over 14,000 global merchants accept cryptocurrencies, processing more than 1 million orders. In 2023, MugglePay distinguished itself as the world’s first payment gateway to support Web3 logins, further solidifying its position as an innovator in the crypto payment sector. The slogan is Making Payments Crypto-Native.
Contact Muggles:
MugglePay is generating freedom and looks forward to collaborating with startups, stablecoins, exchanges, and partners in the payment ecosystem to establish a Crypto-Native positive cycle. Join the alliance. Contact the founders NOW!
https://www.mugglepay.com/
business@mugglepay.com
Tiger Han
SOURCE: MugglePay
View the original press release on accesswire.com
This news is republished from another source. You can check the original article here
