It’s another exciting Tuesday in the ever-changing world of cryptocurrency as payments company Crypto.com announced that it had onboarded Tyson Hackwood, a former PayPal executive. Hackwood joins the cryptocurrency firm as a Senior Vice President and Head of Global Merchant Acquisition.
“I am thrilled to join the team to help to grow Crypto.com Pay through strategic partnerships with merchants,” said Hackwood. “My experience in working with digital driven organisations and developing collaborative business channels, combined with Crypto.com’s intuitive platform, will aid in the steady and sustainable adoption of this native blockchain technology and cryptocurrencies.”
Hackwood brings a plethora of experience in the payments space to his new role. The Australian has been working in technology and business development roles for almost twenty years.
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From PayPal to Crypto.com
Most recently, he had an eight-year stint, in a number of different roles, with PayPal. Starting out as Head of Direct Merchant Sales, he became Head of PayPal Here, New Ventures in 2012.
After just over two years in that role, he moved to Braintree, a division of PayPal that specializes in mobile and web payment systems for e-commerce companies. Hackwood spent over five years at the company working as the Head of its Asia-Pacific division.
His time in PayPal will come in handy to Crypto.com. The company is trying to break into the payments space with a series of cryptocurrency payment cards.
“As we develop the Crypto.com Chain to fulfil the current industry need to pay and be paid in crypto, Tyson will play an important role in expanding the number and quality of merchants that are part of our network,” said Kris Marszalek, Co-Founder and CEO of Crypto.com. “His relationships and experience in online digital payments will significantly advance our goal of enabling seamless, secure, and cost efficient transactions between merchants and cryptocurrency users worldwide.”