Aliant Payment Systems, a provider of merchant services and credit card processing based in the US, has announced that it will be partnering with BitPay, a Bitcoin payment processor, for payments processing.
Through this alliance Aliant Payment Systems will offer its merchants the ability to accept payments in bitcoins, becoming one of the first payment processing companies to do so.
Aliant CEO Eric Brown said: “Aliant is looking to the future of blockchain, bitcoin and cryptocurrency, and we’re excited to bring a bitcoin solution to our clients. We look forward to showing merchants what bitcoin can do for online payments and what BitPay is doing for businesses transferring value globally.”
BitPay CEO Stephen Pair commented: “Merchants accepting high-value payments online need a secure, fraud-free way to receive value, and we believe bitcoin provides that way. We are proud to be working with a forward-looking company like Aliant to bring this payment option to more businesses.”
The payment processing industry has become a highly competitive space, and companies must innovate and offer new products to their merchants and customers.
With Bitcoin gaining popularity around the world, we are seeing more companies and merchants beginning to accept the cryptocurrency despite its recent volatility.
Just a few days back, we saw Straits Financial LLC become the first US-based Futures Commission Merchant to utilize the services of BitPay.