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Seeking Alpha 2022-05-02 13:27:33

Digital asset platform Bakkt and Global Payments collaborate on crypto use cases

Digital asset platform Bakkt (NYSE:BKKT) on Monday has teamed up with Global Payments (NYSE:GPN) to work on developing cryptocurrency use cases. As part of a broader effort to expand consumers' access to the crypto ecosystem, the companies will start by enabling crypto redemption in customer loyalty programs offered by bankcard clients. The partnership will also broadly tackle multinational merchant payments acceptance. Towards the end of April, Bakkt had enabled Wyndham Hotel's Rewards Members to use their points with Apple Pay and Goggle Pay.

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