Crypto payment gateway, Data Mynt and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group have partnered to accelerate crypto and cloud adoption in Africa and Latin America.

The partnership includes three parts first, enabling Alibaba Cloud customers to pay for their Cloud services using Data Mynt’s crypto as a currency option, second, listing and selling Data Mynt services to Cloud customers on Alibaba Cloud International Marketplace, and finally, bringing advanced, secure and reliable cloud and web3.0 services and technologies to businesses in Africa, Latin America and beyond.

With over 200,000,000 consumers and businesses buying and owning cryptocurrency for purchasing power in emerging markets where multiple exchange rates and capital controls plague businesses, Data Mynt hopes to deliver better and also unlock the efficiency and security of multi-currency blockchain payments for Alibaba Cloud and its customers.

Alex Christian, CEO of Data Mynt stated, “With the massive adoption we’re seeing in African and Latin American markets, this partnership supports both Data Mynt and Alibaba Cloud’s emerging markets strategies while solving major pain points for Alibaba Cloud’s customer base today.” 

Additionally, according to Selina Yuan, Alibaba Cloud Intelligence International President, “Partners have always been a key focus for Alibaba Cloud, and we are committed to providing them with strong support for our ongoing co-creation and value-add – both technologically and commercially – to further empower our customers.”

Interested businesses and resellers can sign up for this service by downloading the Google Play Store and iOS App Store apps.

Data Mynt currently supports on and offline businesses across Nigeria, Kenya, Ghana, South Africa, Mexico, and the Philippines.