Klickl Partners with SOLAAX to Redefine Entertainment Industry Payment Ecosystem, Launching Revolutionary Crypto Payment and Loyalty Solution
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Klickl Partners with SOLAAX to Redefine Entertainment Industry Payment Ecosystem, Launching Revolutionary Crypto Payment and Loyalty Solution
The service will first launch through Klickl's regulated entities in Europe and Canada, with plans to gradually expand to other regions such as the Middle East and North Africa (MENA) upon obtaining relevant regulatory approvals.
Navigating Web3 tides with focused insightsRecently, Klickl, a leading Web3 fintech platform in the Middle East and Africa, announced the signing of a Memorandum of Understanding (MOU) with SOLAAX, a global leader in event management technology. The two parties will collaborate to launch the world's first seamless international payment and cryptocurrency payment solution, aiming to provide SOLAAX’s customers with a more convenient payment experience.
The service will initially roll out through Klickl’s regulated entities in Europe and Canada, with plans to expand gradually into other regions such as the Middle East and North Africa (MENA) upon obtaining relevant regulatory approvals.
Redefining the Global Entertainment Industry’s Payment Ecosystem
Through this collaboration, SOLAAX will fully integrate Klickl’s payment gateway and digital wallet system, enabling venues and attendees worldwide to transact using both traditional currencies and cryptocurrencies. This strategic move strengthens SOLAAX’s commitment to delivering seamless, borderless experiences for all types of events, while also reflecting Klickl’s mission to enable barrier-free access to cryptocurrency for users globally.
Majd Aburas, CEO of SOLAAX, said: “This partnership marks a significant advancement in payment flexibility and accessibility for events. By integrating Klickl’s payment and wallet technologies, we can offer more payment options—including cryptocurrency—for events and venues, and better retain customers through tokenized loyalty programs.”
As a secure and compliant infrastructure provider, Klickl ensures smooth transactions and bridges the gap between traditional finance and digital assets.
Michael Zhao, Global CEO of Klickl, said: “Our collaboration brings Web3 finance into the entertainment industry, enabling seamless global payments across crypto and fiat currencies. Together, we are redefining event payment transactions by offering secure, compliant, and borderless solutions.”
Klickl Solution: Building an Efficient, Secure, and Compliant Fund Flow System
Based in the UAE, Klickl is a leading Web3 open financial platform in the Middle East and Africa (MEA) region. It offers a comprehensive suite of services including digital wallets (Klickl4U), institutional accounts (KlicklONE), payments (KlicklPay), cryptocurrency trading (Klickl Exchange), stablecoin solutions, and custody services—empowering users to seamlessly access the Web3 economy.
The Klickl payment gateway integrates blockchain technology with fiat payment capabilities, providing SOLAAX with efficient and secure fund transfer services.
l Multi-currency support breaking geographical barriers: With Klickl’s payment system, global event organizers can accept payments in over 50 major fiat currencies and mainstream cryptocurrencies (such as BTC, ETH, USDT), covering key markets across the Middle East, Africa, Europe, and Asia.
l Real-time settlement, enhanced capital efficiency: Leveraging blockchain technology, Klickl significantly improves cross-border payment settlement speed, reduces transaction fees, and addresses pain points such as long collection cycles and high exchange rate losses associated with traditional entertainment event payments.
l Seamless compliance integration: Equipped with an AI-powered intelligent compliance engine, Klickl’s payment system automatically verifies KYC information from both parties in real time and generates audit reports compliant with UAE AML/CTF regulations and the EU’s MiCA framework, ensuring ongoing adherence to local compliance requirements.
Additionally, integration of the Klickl4U digital wallet system establishes a robust user engagement infrastructure for SOLAAX. Through the multi-currency Klickl wallet, users can manage fiat accounts, digital asset accounts, and global accounts in one place, enjoying seamless digital financial experiences such as quick crypto purchases, instant coin swaps, spot trading, internal transfers, and wealth management or spending functionalities.
This partnership represents not only a strategic move by Klickl within the Web3 and crypto payment space but also a significant step forward in advancing global crypto adoption and integrating traditional finance with digital assets. Going forward, Klickl remains committed to delivering innovative, convenient, and secure digital asset services to users worldwide, continuously driving industry development.
About SOLAAX
SOLAAX is a leading AI-driven, experience-centric, data-powered event and venue management solutions provider. It delivers cutting-edge technological support for corporate and business events, headquartered in the Netherlands with operational centers in the UAE and Saudi Arabia.
In just two years, SOLAAX has achieved remarkable success and become the platform of choice for major global events. With an advanced digital transformation strategy, SOLAAX continues to revolutionize the events industry by emphasizing data analytics and AI-powered automated decision-making, delivering seamless and efficient experiences for both organizers and attendees.
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