About

xMoney, formerly Utrust, is a centralized custodial platform for businesses to accept payments in cryptocurrency and settle the transactions as stablecoins or fiat currency in a bank account. Anyone may create an account with an email and password to begin accepting cryptocurrency as payment.

History

The xMoney platform allows merchants to accept digital currencies as a means of payment. It brings digital currencies to mainstream consumers, while providing buyer protection like more traditional payment platforms as well as an easy to integrate API for merchants. xMoney stands at the intersection of three high-growth markets - e-commerce, mobile payments and cryptocurrency, tackling a combined multi-trillion dollar market with billions of users and rapid growth.

xMoney's long-term vision is to become the leading platform for digital consumer currency payments, delivering a trusted blockchain payment solution to the world’s most successful companies. The team believes digital currency is the future of money and the genesis of a more open financial system. Its transformative power will open financial services to all citizens in a connected world.

The xMoney platform supports multiple digital currencies, including the native token - UTK. Users can purchase goods and services, with a zero-fee exchange rate. It is also used on refunds and as part of an affiliate referral program