A Swedish company wants to make crypto online transactions as simple and as safe as using PayPal. But can such a feat be accomplished in such a volatile marketplace?

Crypto Online Transactions

The cryptocurrency market is still considered to be in its infancy, and many skeptics believe that, as a currency, it is hard to spend it day-to-day.

Proof of this issue is that only 2% of online retailers accept crypto despite the increase in adoption for traders and businesses alike.

Fear remains surrounding the volatile nature of a crypto’s price.

Enter UTRUST

But UTRUST is on the case. The company wants to make crypto online transactions and crypto point-of-sales a part of the norm. Its system will include a “conflict mitigation system, chargeback protection, and a proprietary cryptocurrency which increases purchasing power within the platform.”

UTRUST and Gambio

The company has signed a partnership with Germany’s Gambio.de.

Gambio is an e-commerce solution provider with over 25,000 online stores. These stores power 30% of e-commerce revenue in Germany, so this puts UTRUST in a very good starting position.

Making partnerships like this one means that thousands of merchants will be able to accept cryptocurrencies in a simplified and casual way.