From the Blog:
December 18, 2024

Rain Partners with CompoSecure to Empower Digital Asset Utility

CompoSecure’s strategic investment in Rain advances payment innovation by enabling digital asset utility for everyday transactions.

At Rain, we’re proud to partner with industry leaders to bring innovations to digital payments and financial technology. One such collaboration is with Arculus by CompoSecure. Together, we’re working to advance the adoption and utility of digital assets in everyday transactions.

Earlier this year, CompoSecure announced its new Arculus Web3 payment capabilities, enabling seamless payments with stablecoins and digital currencies at traditional point-of-sale (PoS) terminals. Consumers can securely self-custody their digital assets and spend them with the ease of a simple tap-to-pay. This technology eliminates the challenges of off-ramping to fiat currencies, allowing merchants to accept payments directly in digital assets or through traditional payment rails with automatic fiat conversion.

The partnership has played a key role in accelerating the development and reach of these innovations. Earlier this year, Rain began working closely with CompoSecure, integrating its metal cards into our enterprise solutions. This collaboration has allowed us to offer a more premium card product to clients and leverage the extensive Arculus product suite.

Further, CompoSecure made a strategic investment in Rain, underscoring the focus to bridge the gap between traditional and blockchain-based financial systems. “Our partnership with Rain is a testament to the growing need for secure, innovative solutions that seamlessly integrate digital assets into everyday transactions,” said Adam Lowe, Chief Product and Innovation Officer at CompoSecure.

As both companies continue to push the boundaries of what’s possible in digital payments, we invite you to explore how our partnership can benefit your business. Whether you’re an enterprise seeking cutting-edge payment solutions or a stakeholder in the evolving Web3 landscape, the possibilities are limitless. For more information on our work and solutions, visit www.raincards.com.

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About Rain: Rain develops and operates cutting edge digital asset authorization and settlement infrastructure in concert with their innovative digital payment card solutions. By integrating blockchain technology with traditional financial systems to drive adoption and utility for digital assets in enterprise and consumer use cases. For more information, visit www.raincards.com.