As per the media release, clients of Metal Pay mobile app will be able to buy TRX crypto using fiat currency. Users will also be able to pay for the cryptocurrency via debit card or bank savings account.
Additionally, users of Tron will be awarded 5% cashback in the form of MTL – native crypto of Metal Pay- on qualified dealings for remitting and receiving US dollars.
The platform also permits its clients to interchange TRX to 20 cryptos including Ether (ETH) and Bitcoin (BTC).
MetalPay founder and CEO, Marshall Hayner, explained why he believes that Tron is a worthy inclusion to the app:
“I believe that TRON shows incredible promise for blockchain technology and decentralized systems.”
Even though, Metal Pay is a fiat-to-crypto on-ramp facility, it still permits clients to remit funds.
It is structured for easy use by even first time users of cryptocurrencies.
Partnerships of aforesaid types are increasing on a daily basis. Late last month, the UK based crypto lending firm, Celsius Network started facilitating in-app purchase of cryptocurrencies.
Also in February, cryptocurrency exchange Binance started accepting 15 different fiat currencies from clients interested in buying cryptos.