Kerry firms to allow payments in virtual world

Users within the Xataverse will be able to make transactions using a digital wallet based on Fexco payment technology

With Fexco’s help, Xavatar will launch a digital wallet and token providing real-world shopping and entertainment experiences.

Two Kerry companies are partnering to allow for digital payments to be accepted and processed within virtual worlds.

Payments firm Fexco has partnered with AI-driven entertainment company Xavatar to deliver payment technology within the metaverse. The partnership will create a payments facility within the Xavatar-created virtual world called the Xataverse which is accessed using virtual reality headsets, mobile devices, tablets and other tech devices.