Gate Pay, the cryptocurrency payment service provided by cryptocurrency exchange Gate.io, has partnered with CityPay.io, a Georgia-based startup specializing in crypto payments. The partnership will enable more than 600 merchants in Georgia to enjoy the benefits of crypto payments alternative for their products and services.
According to the announcement, through the partnership with CityPay.io, Gate Pay users can connect with a wide range of merchants across Georgia, facilitating a wide range of everyday activities such as hotel bookings, supermarket shopping, and restaurant payments. ly, restaurant chain Wendy's is one of CityPay.io's partners, and customers can now pay for their meals with cryptocurrencies. Zhou Feng, director of Gate Pay, said that the launch of Gate Pay aims to connect users with cryptocurrency-friendly businesses, products, and applications to bridge the gap between Web3 and people's daily lives. Therefore, the Gate Pay team works with partners such as CityPay to provide merchants with crypto payment services.
The partnership between Gate Pay and CityPay.io brings a Web3 shopping experience to a wider range of regional merchants and customers. Gate Pay's user base and experience, combined with CityPay.io's business network and reach in Georgia, will facilitate this expansion. Gate. io is no stranger to expanding its reach.
On Feb. 22, the company announced its intention to seek a crypto license in Hong Kong, enabling it to launch “Gate HK.” Georgia has become one of the most crypto-friendly countries in the world, with regulations attracting crypto companies to set up regional branches. The Georgian government has ambitions to make the country a major global crypto hub.
