AI-driven entertainment tech company Xavatar has announced a partnership with Fexco Group to deliver payment technology in the metaverse.
The partnership will create a customer focused payments experience within the Xavatar created metaverse, the Xataverse.
Users will be able to make transactions using a digital wallet based on Fexco payment technology.
"We feel this revolutionary tool will allow people the opportunity to best integrate with our show "The Art of Movie Music" and our other upcoming offerings both in the digital and real world and ultimately save everyone time and money," said Kevin Sharpley COO of Xavatar.
The metaverse is a virtual reality world that allows people to interact in interconnected 3D digital spaces. Xavatar uses cutting-edge AI based real-time animation technology to create avatars, the characters that people use in the metaverse.
"The metaverse offers an exciting new opportunity for fintech innovations," said Karl Aherne COO of Fexco.
"This partnership allows us to leverage Fexco's decades of experience in cutting-edge payments technology and the expertise of the Xavatar team to deliver an unparalleled customer focussed payment experience within the Xavatar metaverse and online," Mr Aherne said.
