ForumPay, a payment gateway solution that is solely meant for crypto consumers and traditional merchants, has announced that it has collaborated with Sionic, connected and mobile commerce services for merchants. Both the firms will aim to expand the reach of crypto-to-fiat interchangeable payments to consumers and merchants in and across the US through mobile and digital commerce channels. This partnership will also enable millions of consumers to pay using crypto wallets for everyday goods and services online.
ForumPay has also revealed that it will provide tokenized, end-to-end payment gateway processing services for crypto using Sonic's digital commerce platforms through this partnership. Both the companies will support both enterprise and small to medium-sized businesses (SMB) by integrating ForumPay's gateway into Sionic's ULink connected commerce and ION Commerce Engine (ICE) mobile platforms.
Both the companies recognize the value of offering these new opportunities to attract new customers and increase sales. They will provide millions of crypto wallet users’ access to merchants via Sionic's digital and mobile commerce platform that supports ForumPay's mission to enable and encourage the mass adoption of crypto in a payments environment.