This is supposed to help merchants expand their reach by giving customers more places to spend their BTC.
Of late, the BTC network has attracted concerns because of its high energy consumption and the impact on climate change. According to the official press release, Crypto.com is committed to becoming carbon negative in the next 18 months. Crypto.com will offset more carbon than is generated by all activities across the company’s platforms, offering users and the industry a path towards more energy-efficient crypto.
Crypto.com Pay features zero transaction fees and only 0.5% for settlements.