To apply this new service, the web browser Opera partners with regulated Safello crypto brokerage. With this collaboration, they will offer the cash-to-crypto exchange. Moreover, this facet will let the user perform payments via using credit and debit cards.
Also, they can now use the “trusted” payment networks such as Swish in Sweden. Currently, during its launch, the purchasing for ether is accessible only within Norway, Sweden, and Denmark. According to Opera:
Safello is registered with the Financial Supervisory Authority aka FSA at Sweden. They will verify users who make purchases using BankID at Sweden and NemID at Denmark citizens’ identity solutions. Topping up a wallet with ether should take “less than a minute”.
The crypt products lead working at Opera, Charles Hamel comments:
We think that the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and easy to use.
Meanwhile, the clients in Sweden is said to likely receive a discount fee of worth 2.5 percent direct from Safello that will be applicable for a limited time. On the other hand, the users of Norway and Denmark may retrieve a discount fee of worth 5 percent.
Last year, in December, Opera announced its Android web browser wallet entitling it as “Web 3-ready”. The respective product supports Ether as well as other tokens which are using ERC-20 standard of Ethereum. Few more backed are crypto collectibles (ERC-721 standard) including Ethereum decentralized apps, CryptoKitties, along with DApps which is accessible from the wallet.