Coca-Cola invests in a cryptocurrency payment company
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Answer Coca-Cola invests in a cryptocurrency payment company
Recently, media reports emerged indicating that Amatil X, an institutional investment platform affiliated with Coca-Cola, has invested an undisclosed amount of money in Centrepay, a cryptocurrency payment company, and the investment is part of a funding round for this. startup company.
This funding will facilitate Centrepay’s ability to provide users with the option to pay in cryptocurrency for cans of Coca-Cola on over 2,000 vending machines and devices across Australia and New Zealand.
Centrapay CEO Jerome Faury said:
The two companies enjoy a strong strategic alignment.
Centrapay and Amatil are both committed to preserving consumer privacy and data ownership rights, while increasing business value.
He added:
The fact that Amatil has invested in Centrapay through Amatil X shows that there is a real desire to provide users with new ways to share or exchange value.
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Centrapay’s primary function is to adopt cryptocurrencies for payments.
The Centrapay platform was created to help leading brands like Coca-Cola connect directly with consumers and increase revenue and operational efficiency for merchants.
hung Alex Remington, President of Amatil X, about the new partnership with Centrapay in giving consumers the option to use the Sylo smart wallet to pay for products across Amatil’s sales network using cryptocurrencies, added:
We already have a business relationship with Centrapay and our investment supports our partnership with the team.
Amatil customers can use their Sylo Smart Wallet at any of the more than 2,000 vending machines with the ability to pay via a QR code.
These devices are located across New Zealand and Australia and accept cryptocurrency payments by scanning your phone’s camera after installing the “Sylo Smart Wallet” app.
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