Simplex, an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry, announced on Wednesday it has teamed up with Opera to integrate an in-browser cryptocurrency onramp. Simplex reported that through the integration, users will be able to buy and sell crypto instantly within the Opera browser.
“The Simplex-Opera integration allows users to open a cryptocurrency wallet account to acquire their digital assets. Now Opera users can access Simplex’s extensive range of supported cryptocurrencies from within the browser wallet itself, and move between fiat and cryptocurrency with ease, enjoying competitive rates.”
Opera claimed that in December 2018 it became the first web3 and blockchain-ready browser when it launched web3 support, dApp explorer, and its native Crypto Wallet in Opera for Android. The company desktop browser as well as its Android browser and Opera Touch for iOS have become blockchain-ready. Opera Crypto Wallet currently supports ETH, BTC, and Tron. The browser also features a built-in VPN and an ad blocker.
Founded in 2014, Simplex processes credit card payments with a 100% zero chargeback guarantee. In case of a fraud chargeback, the company puts its money where its mouth and pay the merchant.
“Utilizing our cutting-edge proprietary fraud prevention solution and AI systems, Simplex blocks fraudulent users and allows legitimate ones to complete payments, thereby, increasing conversion rates and enabling merchants to focus on their own business growth.”
Simplex then added it launched Simplex Banking, a product that works alongside its partner network to enable users to buy crypto with a range of local and global payment methods and convert it back into fiat in a bank account. Simplex Banking can be accessed via the company’s partner network, including platforms such as OKEx, Poloniex, and Changelly.