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Home » Tech Firm Xavatar to Enable Virtual Space Payment by Incorporating Fexco’s Digital Wallet Solution

Tech Firm Xavatar to Enable Virtual Space Payment by Incorporating Fexco’s Digital Wallet Solution

Kelly Cromley by Kelly Cromley
Jun 16, 2023
in Market News, News
Reading Time: 2 mins read
0

Xavatar, a company specializing in amusement technology powered by artificial intelligence, has recently established a partnership aimed at developing a customer-centric payments experience within the Xataverse. The collaboration between The Xataverse and Fexco’s payment technology will enable Xataverse users to perform transactions through a digital wallet.

The latest achievement for Xavatar is the announcement of their partnership. This accomplishment follows their debut at the 2023 Cannes Film Festival, where they presented a live production of their upcoming television series, “The Art of Movie Music.” The production involved the participation of director David Lynch and musicians Donovan, Elvis Costello, George Clinton, and Redman, in collaboration with Planet X Studios and The David Lynch Foundation.

“The Art of Movie Music” is an animated program that features various conversations about movies and music. It is hosted by the American Pavilion and supported by HP, Unreal Engine, and the Be Earth Foundation.

According to Kevin Sharpley, the COO of Xavatar, Fexco played a crucial role in helping them understand the mechanics of the payment system that accompanies the Xataverse. This collaboration enabled them to seamlessly integrate the process into the broader ecosystem that supports the immersive experience of the Xataverse. This innovative solution will allow individuals to seamlessly connect with our production, “The Art of Movie Music,” as well as our upcoming products in both virtual and physical realms, resulting in enhanced efficiency and cost-effectiveness for all parties involved.

“The metaverse presents a unique opportunity for fintech advancements,” stated Karl Aherne, the COO of Fexco. Through this partnership, we can leverage Fexco’s extensive experience in advanced payment technology and the specialized knowledge of the Xavatar team to provide an unparalleled, customer-focused payment experience within the Xavatar metaverse and online.

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