Voyager Token Integrated Into Coinify's Global Crypto Payment Platform

Rhea-AI Summary

Voyager Digital Ltd. has integrated its VGX token into Coinify's cryptocurrency payment platform, expanding its functionality for crypto payments across over 150 countries. The acquisition of Coinify enhances Voyager's global crypto payment capabilities, enabling businesses to accept VGX alongside major cryptocurrencies like Bitcoin and Ethereum. Coinify's system connects with over 30,000 merchants, allowing seamless transactions. Voyager's Loyalty Program rewards customers for crypto activities, contributing to a growing user base. This integration marks a significant step in Voyager's international expansion strategy.

Positive

• Integration of VGX into Coinify's platform expands usability in over 150 countries.
• Access to over 30,000 merchants accepting VGX and other major cryptocurrencies.
• Strengthens Voyager's position in the global crypto payment infrastructure.
• Growth in the number of participants in Voyager's Loyalty Program.

Negative

• None.

Integration increases VGX functionality as customers can utilize it for crypto payments

TSX: VOYG
OTCQX: VYGVF
Borse Frankfurt: UCD2

NEW YORK, Nov. 8, 2021 /PRNewswire/ - Voyager Digital Ltd. ("Voyager" or the "Company") (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2), one of the fastest-growing, publicly traded cryptocurrency platforms in the United States, today announced the integration of the Voyager token (VGX) into Coinify's cryptocurrency payment platform, a wholly-owned Voyager subsidiary that provides merchant payment services in over 150 countries.

"The integration of VGX into Coinify's crypto payment platform expands the functionality of the Voyager token well beyond the Voyager ecosystem," said Steve Ehrlich, CEO and Co-founder of Voyager. "Our acquisition of Coinify earlier this year added a global crypto payments infrastructure to the Voyager ecosystem, and we will continue to implement additional ways to maximize this infrastructure to grow crypto adoption internationally."

Coinify's payment system allows businesses to accept cryptocurrency online and in retail stores, and is integrated through payment service providers with over 30,000 merchants globally. VGX joins over 15 other leading cryptocurrencies — including Bitcoin, Ethereum, and Cardano — that can be accepted by participating Coinify merchants. Voyager also previously announced that Usio, its payment provider, is integrating Coinify's payment offering. Usio already has an established pipeline of merchants and PSPs ready to accept crypto as payment.

VGX supports the Voyager Loyalty Program, commonly known as VLP, which allows customers to earn rewards for activities done on the platform. The VLP rewards customers with crypto-back on trades, boosted holding rewards, and more. The program has been successful as the number of participants continues to grow.

In August 2021, Voyager acquired Coinify, accelerating Voyager's international expansion and the Company's payment capabilities, with plans to enable customers to make payments directly from their digital asset accounts and fast-track Voyager into the business-to-business payment space.

About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) is a fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 60 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on more than 30 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe. To learn more about the company, please visit https://www.investvoyager.com.

The TSX has not approved or disapproved of the information contained herein.

Press Contacts:

Voyager Digital, Ltd.
Michael Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com

Voyager Public Relations Team
pr@investvoyager.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/voyager-token-integrated-into-coinifys-global-crypto-payment-platform-301418298.html

SOURCE Voyager Digital (Canada) Ltd.

FAQ

What is the recent news about Voyager Digital and Coinify?

Voyager Digital has integrated its VGX token into Coinify's cryptocurrency payment platform, enhancing its usability for crypto payments globally.

How does the VGX token integration benefit Voyager Digital's customers?

The integration allows customers to use VGX for payments with over 30,000 merchants, expanding the token's functionality beyond just the Voyager ecosystem.

What is the significance of Voyager's acquisition of Coinify?

The acquisition of Coinify accelerates Voyager's international expansion and improves its payment capabilities in the cryptocurrency market.

When was the VGX integration into Coinify announced?

The integration of VGX into Coinify's payment platform was announced on November 8, 2021.

How does Voyager's Loyalty Program work with VGX?

The Voyager Loyalty Program rewards users with crypto-back on trades and other activities, enhancing customer engagement with the VGX token.