Popular bills payment platform AXS has opened up a new payment option in the market. Its move to provide its users the option of making payments using digital currencies for its services, will lead to more players offering such services and more mainstream use of crypto, says Jag Foo, Head of Business Development at crypto security firm, SafeHeron.

While this is a positive development in payments with third parties narrowing that gap between traditional banking and decentralised finance that will bring about greater convenience and efficiency to users, just how safe are the mechanisms behind such services? 

Popular bills payment platform AXS has opened up a new payment option in the market. Its move to provide its users the option of making payments using digital currencies for its services, will lead to more players offering such services and more mainstream use of crypto, says Jag Foo, Head of Business Development at crypto security firm, SafeHeron.
While this is a positive development in payments with third parties narrowing that gap between traditional banking and decentralised finance that will bring about greater convenience and efficiency to users, just how safe are the mechanisms behind such services?

Ease your way into the night every Monday to Thursday from 7 to 10pm on MONEY FM 89.3. Tune into views of the day’s biggest news from trusted experts, and interesting profiles and ideas shaping our world along with some fresh discoveries through relaxing and fun conversations. Night Tracks with Lynlee Foo, your roadmap to life after work.

Ease your way into the night every Monday to Thursday from 7 to 10pm on MONEY FM 89.3. Tune into views of the day’s biggest news from trusted experts, and interesting profiles and ideas shaping our world along with some fresh discoveries through relaxing and fun conversations. Night Tracks with Lynlee Foo, your roadmap to life after work.

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