Companies news
Triple-A Powers Crypto Payments for Ferrari Singapore
In a landmark partnership, Ital Auto Pte Ltd, the official Ferrari importer for Southeast Asia, has teamed up with Triple-A, the leading crypto payment gateway, to offer digital currency payments for its luxury vehicles.
Customers in Singapore can now purchase Ferrari models using major cryptocurrencies, including:
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Tether (USDT)
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USD Coin (USDC)
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PayPal USD (PYUSD)
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Bitcoin (BTC)
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Ethereum (ETH)
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Crypto.com wallets
This collaboration places Ital Auto among a growing number of forward-thinking luxury retailers embracing the future of payments. It also signals a significant step forward in mainstream adoption of digital currencies, particularly in the high-end automotive sector.
“More people are using digital currencies every day,” said Nicholas Syn, Director of Ital Auto Pte Ltd. “We want to give our customers a trusted and easy way to pay. This partnership with Triple-A makes that possible.”
With the integration of Triple-A’s secure, fully compliant crypto payment infrastructure, Ital Auto is now equipped to meet the evolving preferences of a new generation of tech-savvy luxury buyers.
Luxury brands are seeing real impact from crypto adoption. Retailers like FARFETCH have reported that crypto-paying customers spend on average 30% more per transaction than traditional buyers—underscoring the growing purchasing power of crypto users.
This partnership with Ital Auto reinforces Triple-A’s commitment to enabling crypto acceptance across industries—from e-commerce to luxury—and empowering businesses to tap into the fast-growing digital currency economy.
SOURCE: Triple-A
