S. Korean Mobile Payment Platform Metaps Plus to Add Support for Cardano (ADA)

S. Korean Mobile Payment Platform Metaps Plus to Add Support for Cardano (ADA)

News Uncategorized
May 9, 2018 by Henrik Bliss
1226
  Emurgo, one of the three core developers of the Cardano blockchain has announced the support of the ADA tokens on Metaps Plus, one of the largest mobile payment platforms in South Korea with 10 million mobile to offline transactions. The strategic partnership entails integrating ADA token into Metaps Plus mobile marketing and mobile payment
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Emurgo, one of the three core developers of the Cardano blockchain has announced the support of the ADA tokens on Metaps Plus, one of the largest mobile payment platforms in South Korea with 10 million mobile to offline transactions.

The strategic partnership entails integrating ADA token into Metaps Plus mobile marketing and mobile payment platforms which appreciates about 1 billion mobile payment app downloads and 10 million mobile to offline transactions per year across 40,000 offline stores.

Cardano (ADA) token will be used in over 33,000 offline franchise stores. It will also be part of Metaps Plus’ promotions and partnership efforts by the third quarter of 2018.

Metaps Plus CEO Kim Seungyeon commented on the deal, saying:  “I am very excited to partner with EMURGO integrating Ada coin into Korea’s one of the biggest mobile payment platforms. We are simply focused on delivering incremental sales and value to our offline and platform partners along with Ada coin owners.”

The new partnership highlights the importance Emurgo to the growth of Cardano. The Japan-based company continues to play a vital role in supporting business to integrate the Cardano blockchain ecosystem. The Metaps Plus partnership is a major achievement for the company as it will facilitate an increased adoption of Cardano in the Korean market.

“Our partnership with Metaps plus will allow Ada to expand more rapidly and be recognized eventually as a new way for payment settlement in the Korean market. I’m very happy to be able to open a new era together through this platform”

–  Ken Kodama, CEO of EMURGO

The Cardano ADA token price has remained relatively unmoved with the announcement. The ADA/USD pair is changing hands at $0.33 with 0.56% losses in the last 24-hours.

 


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