Global e-wallet STICPAY partners with blockchain research firm Ness LAB

STICPAY, a leading global e-wallet service provider and payment gateway, today announces a new strategic partnership with Ness LAB, a pioneering research company dedicated to building a blockchain-based information economy.

Under the new partnership, STICPAY will support the deposit and withdrawal of Ness LAB’s tokens, NESS, to its more than one million users within its e-wallet service. STICPAY will also add NESS as a payment method, providing an opportunity for NESS to become a widely recognized payment method within a major payment network.

As a result of the partnership, participants in the NESS ecosystem will be able to gain easier access to the Web3 economy through STICPAY’s payment solutions. Similarly, STICPAY users who are unfamiliar with crypto wallets and token transfers can be introduced to the crypto industry through Ness LAB.

STICPAY provides a borderless, online e-wallet and a global payment gateway that has acquired licenses from regulators around the world, such as the UK Financial Conduct Authority, the Labuan Financial Services Authority and the Mauritius Financial Services Commission.

Its more than one million users are located in over 200 countries and STICPAY also supports several fiat and cryptocurrencies as payment methods for some 5,000 corporate clients. Notably, STICPAY is also working with numerous partners in the foreign exchange (forex) and online gaming industry, providing cashback services and more.

To mark the launch of the partnership, STICPAY plans to hold a promotional event where all payments and deposits made in NESS on the STICPAY e-wallet will be exempt from service fees.

Sean Park, STICPAY CEO, said, “The trend of widespread Web3 adoption is in full swing in the e-wallet and payment gateway industry. Our strategic partnership with Ness LAB will enable us to support a wider range of cryptocurrency payment methods for our customers and strengthen our Web3 capabilities.”