FaTPay partners with PlatON to provide one-stop fiat on-ramp service for PlatON

FaTPay, a leading digital payment service provider, announced a strategic partnership with PlatON, a fully digitalized public infrastructure, to provide extensive fiat currency and payment method support, as well as one-stop fiat on-ramp service for PlatON’s users and developers, which has been integrated into PlatON Wallet Plugin.

FaTPay is founded by a group of digital payment experts from Alipay, Weibo and Paytm. They see crypto and Web 3.0 as a highly potential future, meanwhile, they also found that the fiat currency payment has become the barrier which stand in the way of the explosive growth of Web 3.0, especially to the startups. So they are dedicated to combining our experiences in fiat currency payment and the innovations in crypto to boost startups of Web 3.0.

PlatON is an open financial infrastructure with privacy-preserving computation as its technical feature. Initiated and promoted by LatticeX Foundation, PlatON aims to become a major blockchain platform in the era of Web 3. It secures stability and performance on the par with that of the financial system, and provides privacy-enhanced compliant digital asset management, multi-scenario encrypted payment and settlement solutions, as well as smooth and user-friendly experience for various types of Web3 native applications and applications/users migrating from Web2 to Web3.

Through this cooperation, FaTPay will provide the following services for PlatON’s users and developers:

• Extensive fiat support, including 40+ fiat currencies and more than 100 payment methods such as VISA, Paypal, etc. In addition to supporting bank card payments worldwide, it also accepts bank transfers and local e-wallets, especially in areas where bank card usage is low, such as Southeast Asia.

• Support the exchange, purchase and withdrawal of PlatON’s native token LAT and other tokens based on PlatON.

• Support PlatON Wallet Plugin, allowing users to easily manage and use their digital assets in the browser.

• Provide preferential rates and fast transaction speed, ensuring the experience and efficiency of users and developers.

• Comply with the laws and regulations of different countries and regions, ensuring the compliance and security of users and developers.

FaTPay said: “We are very pleased to cooperate with PlatON. We think PlatON is one of the leaders in the Web 3.0 industry. It is very innovative and forward-looking as a fully digitalized public infrastructure based on cryptographic technology. We believe that our digital payment service can provide more convenience and value for PlatON’s users and developers, as well as promote the development of Web 3.0 industry.”

PlatON’s ecosystem leader said: “We warmly welcome FaTPay to join PlatON’s ecosystem. We think FaTPay is one of the best in the digital payment service field. It has rich experience in fiat payment and excellent technical team. We believe that our cooperation can provide more choices and opportunities for PlatON’s users and developers, as well as expand PlatON’s influence and coverage.”

FaTPay focuses on continuously improving the infrastructure construction of crypto world. As a bridge connecting Web 2.0 and Web 3.0, FatPay will help users enter crypto world in a more convenient way. At present, FaTPay’s cooperation with PlatON has been officially launched and integrated into PlatON Wallet Plugin. Users and developers can get more information by visiting official channel.