The agreement helps bolster Avra’s digital currency product suite, systems management, data security, integration and operational planning strategy, whilst relying on T2M’s technological prowess in the data security and payments realm. At the present, T2M is at the developmental state for its digital currency gateway, in essence providing clients with virtual wallets via text messaging solutions.
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According to Steve Shepherd, CEO of Avra Inc., in a recent statement on the partnership, “The T2M group possesses extensive experience in the development of technologies specific to the payment processing industry, along with a prodigious understanding of traditional and mobile platform protocols and trend data. Their broad knowledge base makes them an ideal complement to the growing team of professionals at Avra.”
“We are excited about the Avra business model, as their product lines create a user-friendly Bitcoin ecosystem. The platform provides a unique solution by enabling payment acceptance from EMV (Europay, MasterCard and Visa) to Bitcoin while protecting the customers [merchants] from costly data security breaches,” added Jamie Zimmerman, vice president for T2M, in an accompanying statement.