Opera Browser Partners With Payment Processor Simplex; Allows Users to Buy Crypto with Fiat
- Renowned browser, Opera, has partnered with crypt-fiat solutions offeror, Simplex, to promote the adoption of cryptos via allowing direct in-browser buys.
- Opera users will henceforth be allowed to buy cryptos directly from the browser after integrating with the Israeli-based crypto-fiat processor Simplex. The partnership will also allow Opera users to create crypto wallets for storage of the newly-bought digital assets.
Simply known as crypto on-ramp, the service allows users to use their fiat to purchase crypto and is helpful for fresh crypto users. The new deal comes on the heel of various financial institutions now using Bitcoin and other cryptos and the prices going up in the recent past.
Simplex marketing head, Rachel Siegman, explained that the partnership with Opera, one of the most popular browsers in the world, will make on-ramping widely accessible which is a plus for the crypto space. Siegman explained,
“Current Opera users can onramp using their debit or credit card with Simplex and Simplex users can now use the secure and instant payments on Opera.”
Simplex was started in 2014 and prides itself as a firm that has been altering the status quo when it comes to crypto on/off ramps. The firm said it is determined to enhance the mass adoption of cryptos.
Simplex explained that the partnership with Opera comes at a time when retail investors are yearning for simple ways of entering the crypto industry after an impressive bull run that has caught the world by surprise. Siegman stated that now retail users can open a wallet without the need of leaving the browser, purchase their digital assets, sell, or hodl. She explained:
“Now Opera users can access Simplex’s extensive range of supported cryptocurrencies from within the browser wallet itself, and move between fiat and cryptocurrency with ease, enjoying competitive rates.”
Recently, Simplex hit another milestone after being added as a principal member of Visa within the Eurozone. This means that the firm can now provide fiat to crypto services to individuals that want to use their crypto for regular payments.