Jumpseller an Online Storefront Incorporates UTRUST for Cryptocurrency Transactions
UTRUST—a cryptocurrency payments processing company—on 29th October publicized a partnership agreement with an online-based e-commerce storefront known as Jumpseller. In the announcement sent out to the public, the two companies indicated that they would start working together immediately. This means that more than thirty-five thousand vendors now have access to the UTRUST ecosystem.
Thanks to the partnership between the two companies, the merchants will be in a position to start processing cryptocurrency payments. When using this platform, any vendor who creates an e-commerce store using Jumpseller will be able to process payments for customers who would like to pay using cryptocurrencies.
Partnership Agreement Between UTRUST and Jumpseller
The integration of this platform provides all vendors using the Jumpseller platform with additional protection from the volatility that is associated with the cryptocurrency universe. A merchant will not have to worry about losing out when converting the cryptocurrency into fiat and vice versa.
According to Tiago Matos, a Jumpseller co-founder, UTRUST will be providing all Jumpseller vendors and clients with a chargeback-free, cheap, and fast payment solution. Tiago went on to state that they were excited to be working together and in playing an important role in the ongoing currency revolution.
The UTRUST platform has been designed to make it possible for all cryptocurrency holders to use their digital assets to pay for commodities they have requested for or received from Jumpseller merchants. These merchants are expected to be in a position to accept different types of digital assets in exchange for their goods and services.
All tokens sent via this platform will automatically be converted into fiat currency. This is meant to provide protection to both the customers and the merchants from the fluctuating crypto prices which are quite common these days. This means that there is no risk of one losing their hard-earned money through a conversion that has gone wrong.
The incorporation of this platform into the Jumpseller marketplace has opened up a whole new avenue that can be used to earn revenue for the marketplace. Integration of cryptocurrency payments is expected to boost the merchant sales, expand Jumpseller’s business reach, as well as make it possible for it to create a differentiating factor in a market that is already highly competitive.
Nuno Correia, the UTRUST CEO said that they were looking forward to being able to identify similar partnerships. The CEO went on to state that the company was interested in taking part in such associations that would see its solutions being used by global service providers, a fact that would make it possible for UTRUST to get access to thousands of new vendors, and millions of potential new clients spread across the globe.
Jumpseller is an e-commerce platform for entrepreneurs looking to create online stores. The platform provides a fourteen-day trial period and no credit card is required to sign up. On signing up, you will get access to loads of beautiful themes that you can further customize to match your business needs. You can also easily upload your product text and images using the platform’s intuitive interface.