Praxis Tech Partners with Choise.com to Expand Crypto Services and Global Reach
In a significant strategic move aimed at strengthening its crypto services and expanding its global presence, payment orchestration software company Praxis Tech has announced a partnership with digital banking and crypto earning platform Choise.com.
Background: Choise.com Emerges as a Major Player in the Crypto Space
Choise.com, established in 2022 through the merger of prominent crypto app Crypterium and revolutionary earnings platform Charism, has gained considerable momentum in the crypto industry. Operating in over 170 countries, Choise.com is dedicated to simplifying crypto earning for a diverse user base, including newcomers to the crypto landscape. Its centralized wallet within the CeFi ecosystem allows for seamless asset management.
Overcoming Adoption Challenges
The partnership between Praxis Tech and Choise.com comes as the crypto community continues to grapple with challenges related to increasing adoption. Even established and licensed platforms like Choise.com face obstacles in this regard. By leveraging Praxis Tech’s robust payment orchestration solution, the collaboration aims to overcome these challenges and enable merchants associated with Choise.com to efficiently receive payments and manage payouts through a wide array of payment methods.
Enhancing Accessibility for Choise.com’s International Clientele
Austin Kimm, Director of Strategy and Investments at Choise.com, emphasizes the company’s commitment to enhancing accessibility for its international clientele. By collaborating with Praxis Tech, Choise.com will introduce a diverse range of payment methods through its wallet, ultimately fostering the adoption of innovative features.
Praxis Tech’s Innovative Approach
Praxis Tech, known for its innovation in the payments industry, has been a trailblazer since its establishment in 2014. The company recently rebranded from Praxis Cashier to Praxis Tech in 2022 to reflect its expanded product offerings. These offerings include Praxis Direct (API) and Hosted Payment Fields (HPF). Praxis Tech has focused on reducing decline ratios and enhancing decline recovery through advanced features like Smart Routing, Background Dynamic Currency Conversion (BDCC), and Merchant Initiated Transactions.
Empowering Merchants and Advancing the CeFi and DeFi Ecosystem
Natalie Agopian, Praxis Chief Sales Officer, underscores the company’s commitment to empowering merchants by providing a variety of payment methods and advanced features to Choise.com. The collaboration aims to elevate Choise.com and its clients in the CeFi and DeFi ecosystem, enhancing accessibility and services for a global audience.
Expanding Praxis Tech’s Influence in the Crypto Sector
The partnership with Choise.com is another significant stride for Praxis Tech in the crypto sector. Praxis Tech recently collaborated with Modulus, a prominent US-based architect behind leading crypto exchange platforms. These collaborations solidify Praxis Tech’s dedication and extend its influential presence in the global crypto marketplace.
In Conclusion
The partnership between Praxis Tech and Choise.com holds the potential to revolutionize the way crypto transactions are conducted and enhance the accessibility of crypto services on a global scale. Through their collaboration, the two companies are poised to drive the adoption of cryptocurrencies and facilitate seamless payment experiences for merchants and users alike.
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