KEY FACTS: Sony Electronics Singapore partnered with Crypto.com to introduce direct cryptocurrency payments on its online store, becoming the first Sony entity in the region to accept digital currency, specifically USDC, a U.S. dollar-pegged stablecoin. This collaboration, powered by Crypto.com Pay, aims to enhance customer convenience and reflects Sony’s embrace of innovative payment technologies, with plans to expand to other cryptocurrencies. To mark the launch, Sony offers rewards: the first 50 customers spending S$300 or more receive Sony LinkBuds Speakers (worth S$299), while the first 150 getting S$100 or more get 20 USDC tokens. The initiative is live as of today.
Source: Crypto.com
Sony Electronics Singapore Partners with Crypto.com for Direct USDC Payments
Sony Electronics Singapore has announced a strategic partnership with Crypto.com, a leading global cryptocurrency exchange. This collaboration enables customers in Singapore to use cryptocurrency, specifically Circle’s USDC stablecoin, to make purchases directly on the Sony Store Online, marking the company’s first foray into accepting digital currency payments in the region. The initiative, launched today, reflects a growing trend of integrating blockchain-based payment solutions into traditional retail ecosystems and underscores Sony’s commitment to diversifying payment options for its tech-savvy consumer base.
Exciting news - Sony Store Online Singapore now accepts Crypto.com Pay as a payment method, making your shopping experience smoother and more rewarding than ever. 💰
To celebrate this launch, we’re offering an exclusive promotion where you can receive a FREE LinkBuds Speaker (worth S$299) or 20 USDC (worth USD$20)!
Source
The partnership leverages Crypto.com’s widely trusted payment infrastructure, known as Crypto.com Pay, to facilitate seamless and secure transactions. USDC, a stablecoin pegged to the U.S. dollar, offers customers a stable and reliable digital payment alternative to traditional fiat currencies. Sony Electronics Singapore highlighted that this move is part of its mission to enhance customer convenience while embracing innovative technologies. A Sony spokesperson said:
“We are thrilled to collaborate with Crypto.com to bring this new payment option to our customers in Singapore,” ...“This partnership reflects our dedication to meeting the evolving needs of our consumers and staying at the forefront of technological advancements.”
To celebrate the launch and encourage adoption, Sony Store Online Singapore has rolled out an enticing rewards program exclusively for customers using Crypto.com Pay. The promotion is structured in two tiers. In the first tier, the earliest 50 eligible customers who spend a minimum of S$300 (approximately US$225) will receive a complimentary pair of Sony LinkBuds Speakers, valued at S$299. These wireless speakers, known for their sleek design and high-quality sound, serve as a compelling incentive for early adopters. The second tier targets the first 150 eligible customers who spend at least S$100 (approximately US$75), rewarding them with 20 USDC tokens credited to their Crypto.com accounts. These rewards provide tangible benefits to customers willing to explore this new payment frontier.
Crypto.com, a platform renowned for its focus on security, privacy, and regulatory compliance, expressed enthusiasm about the collaboration. Crypto.com stated in a tweet earlier today:
We’re excited to be partnering with Sony Electronics Singapore to facilitate direct crypto payments on their online store for our Singapore users..."(~~~ embed:1907285617651700172) twitter metadata:Y3J5cHRvY29tfHxodHRwczovL3R3aXR0ZXIuY29tL2NyeXB0b2NvbS9zdGF0dXMvMTkwNzI4NTYxNzY1MTcwMDE3Mil8 ~~~
With over 140 million users worldwide, Crypto.com has established itself as a key player in the global cryptocurrency ecosystem, and this partnership further solidifies its presence in the Asia-Pacific region. The exchange’s payment service is designed to offer a frictionless experience, allowing customers to complete transactions quickly and securely. The decision to accept USDC payments comes at a time when cryptocurrency is gaining traction as a viable alternative to traditional payment methods. Singapore, a global financial hub with a progressive stance on digital innovation, provides an ideal backdrop for this initiative. The Monetary Authority of Singapore has issued licenses to numerous cryptocurrency firms, including Crypto.com.
While the current integration is limited to USDC, Sony has hinted at plans to broaden its cryptocurrency payment options. “This is just the beginning,” the Sony spokesperson added.
“We are exploring ways to enhance our payment ecosystem and will consider additional cryptocurrencies based on customer demand and market developments.”
Such flexibility could see popular digital assets like Bitcoin or Ethereum making their way to the Sony Store Online, further bridging the gap between traditional retail and the decentralized finance (DeFi) space.
The partnership reinforces Crypto.com's mission to drive cryptocurrency adoption worldwide. The exchange has been actively forging alliances with major brands and institutions to expand the practical use cases for digital assets. Its collaboration with Sony Electronics Singapore builds on previous efforts, such as partnerships with sports franchises and payment providers, to bring cryptocurrency into the mainstream.
Customers interested in taking advantage of this new payment option can do so by selecting Crypto.com Pay at checkout on the Sony Store Online Singapore website. The process is straightforward: users link their Crypto.com account, choose USDC as their payment method, and complete the transaction in a matter of seconds. The rewards program, available while supplies last, adds an extra layer of excitement to the launch, encouraging early participation.
As of today, April 2, 2025, the partnership is live, and initial reactions from the public have been overwhelmingly positive.
Information Sources:
If you found the article interesting or helpful, please hit the upvote button, and share for visibility to other hive friends to see. More importantly, drop a comment below. Thank you!
This post was created via INLEO, What is INLEO?
INLEO's mission is to build a sustainable creator economy that is centered around digital ownership, tokenization, and communities. It's Built on Hive, with linkages to BSC, ETH, and Polygon blockchains. The flagship application: Inleo.io allows users and creators to engage & share micro and long-form content on the Hive blockchain while earning cryptocurrency rewards.
Let's Connect
Hive: inleo.io/profile/uyobong/blog
Twitter: https://twitter.com/Uyobong3
Discord: uyobong#5966
Posted Using INLEO
~~~ embed:worldnews/comments/1jq2xdg/sony_electronics_singapore_partners_with/ reddit metadata:fHdvcmxkbmV3c3xodHRwczovL3d3dy5yZWRkaXQuY29tL3Ivd29ybGRuZXdzL2NvbW1lbnRzLzFqcTJ4ZGcvc29ueV9lbGVjdHJvbmljc19zaW5nYXBvcmVfcGFydG5lcnNfd2l0aC98 ~~~
The rewards earned on this comment will go directly to the people( @guurry123, @loading ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. Otherwise, rewards go to the author of the blog post.
Congratulations @uyobong! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 450000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out our last posts: