Wert Partners with Worldpay to Add JCB, Amex, and Discover to Its Web3 Payment Solutions

Web3 payment solution provider enabling transactions with traditional currency, Wert partnered with a leading global payment processor Worldpay to broaden its acceptance of card payments. This new collaboration allows Wert to welcome JCB, American Express (Amex), and Discover cards into their integrated payment solution.

Wert is seeking to engage more users, even those new to crypto, by rolling out an NFT checkout feature that simplifies transactions. This innovation applies a merchant category code, achieving an impressive 95% approval rate for traditional payments, significantly higher than the typical rate for these types of transactions. fiat-crypto transactions , which is around 50%.

Furthermore, Wert’s checkout service accommodates payments from almost all major card brands, which helps reduce the number of transactions that fall through due to declines, ensuring higher acceptance rates. This is anticipated to boost the uptake of entry points into the Web3 space.

By broadening its payment methods, Wert aims to tap into new niche markets for large-value transactions, particularly within the United States and Southeast Asia. Moreover, this integration is predicted to enhance conversion rates, leading to greater sales and an improved market footprint.

The expansion of payment options will enrich Wert's NFT checkout process, enabling creators to showcase their artwork to a larger audience, while offering collectors a hassle-free way to engage. NFT s. 

 \"By ensuring widespread card acceptance, we're making strides toward building an inclusive ecosystem where everyone can access digital assets without obstacles. This represents a major advancement in accessibility and inclusivity within the Web3 landscape, paving the way for users around the world to seamlessly engage with the emerging digital economy,\" stated George Basiladze, Founder and CEO of Wert, in an official release. 

Wert Propells Web3 Adoption

Established in 2020, Wert serves as a comprehensive payment provider in the fintech arena, facilitating a smooth credit card checkout process for acquiring Web3 assets or NFTs directly via smart contracts. Additionally, Wert caters to the trading of utility tokens, gas fees, and other decentralized finance (DeFi) assets. The company primarily supports the cryptocurrency and blockchain sectors, operating as a regulated Virtual Asset Service Provider (VASP) with legal endorsements in Estonia and the United States. 

Last year, Wert partnered Wert has teamed up with insurtech partner Avata to enhance its NFT warranty offerings, addressing the asset security needs of NFT collectors. This warranty covers up to 90% of the value of NFTs affected by smart contract hacks. Available across nearly 80 digital asset platforms, including the KnownOrigin NFT marketplace, this service provides a layer of protection against theft and hacks, helping to drive the widespread adoption of NFTs and related Web3 technologies.

Last year, Wert joined forces with Avata to bolster its NFT warranty service and mitigate security risks for collectors. The warranty, available for opt-in, protects up to 90% of the value of NFTs compromised due to smart contract breaches. This service is accessible on close to 80 marketplaces, including KnownOrigin, offering important safeguards against hacks and theft, thus facilitating broader acceptance of NFTs and Web3 innovations.

Wert’s dedication to fostering Web3 adoption shines through in its broadened payment solutions, which promote inclusivity and accessibility within the Web3 sphere, marking a notable stride in empowering users in an ever-evolving digital economy.