BoomFi, a cutting-edge universal payment suite bridging crypto and fiat currencies, has announced a strategic partnership with Paytiko, a leading payment orchestration platform. This collaboration aims to equip merchants globally with streamlined access to cryptocurrency payment methods, enhancing payment flexibility and expanding their customer reach.
Partnership Overview
About Paytiko
Founded in 2020, Paytiko has become a trusted payment gateway offering digital businesses access to over 500 local and global payment service providers. Its platform provides merchants with seamless integration, robust transaction management, real-time analytics, and strong risk mitigation.
About BoomFi
BoomFi complements Paytiko’s capabilities by offering an all-in-one suite that supports crypto payments, exchanges, and fiat on/off ramping. Together, the partnership enables Paytiko’s merchants to accept digital assets such as Bitcoin, Ethereum, and stablecoins alongside traditional payments.
Key Benefits for Merchants
- Expanded Customer Reach: Attract tech-savvy, global customers who prefer paying with cryptocurrencies.
- Lower Transaction Costs: Reduce fees by bypassing costly intermediaries, especially for cross-border payments.
- Faster Settlement: Benefit from near-instant payment settlements, improving merchant cash flow.
- Diversification & Innovation: Stay at the forefront of payment technology, enhancing brand image and future-proofing payment infrastructure.
Executive Insights
Milen Marinov, Chief Product Officer at Paytiko, commented:
“We are thrilled to partner with BoomFi to bring the benefits of crypto payments to our global merchant base. This collaboration reinforces our commitment to innovation and gives our merchants more flexibility and choice in how they accept payments, ultimately driving growth and customer satisfaction.”
Jack Tang, CEO of BoomFi, added:
“Our mission is to make crypto payments as easy as using a credit card. Together with Paytiko, we’re opening the door for more businesses to thrive in the digital economy.”
This partnership between BoomFi and Paytiko represents a significant step toward mainstream adoption of crypto payments, giving merchants worldwide the tools to offer flexible, secure, and efficient payment solutions. As digital currencies continue to grow, this collaboration positions merchants to meet evolving customer demands and capitalize on new growth opportunities.
