Bitnet Partnership Lets Limonetik Merchants Accept Bitcoin
- Limonetik has partnered with bitcoin payments processor Bitnet, potentially allowing any of its supported merchants to accept bitcoin.
France-based payment solutions provider Limonetik has partnered with Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this TermPayments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term processor Bitnet, potentially allowing any of its supported merchants to accept bitcoin.
Limonitek offers payment solutions to e-commerce sites and other payment service providers, helping them offer additional forms of payment. It says to count PayPal among its clients. Through Bitnet's integration, each will be able to enable consumers to pay with bitcoin, and receive funds in their local fiat.
Bitnet is one of several Bitcoin merchant services providers, with a particular focus on large companies. Last year, the company secured $14.5 million in venture funding, one of the larger investments in the industry at the time.
Growing merchant demand reportedly paved the way for the partnership. Said Christophe Bourbier, CEO and co-founder at Limonetik:
"We recognized the growing interest in digital currencies from our customer base and are excited to partner with Bitnet to add bitcoin to our service offering. We selected Bitnet as a partner due to the ease-of-integration and scalability of their platform, as well as the proven experience of their team in the payments space."
The deal comes at a time when fewer big names accept bitcoin for payment, and the majority of those who do in fact have the bitcoins immediately converted to fiat.
France-based payment solutions provider Limonetik has partnered with Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this TermPayments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term processor Bitnet, potentially allowing any of its supported merchants to accept bitcoin.
Limonitek offers payment solutions to e-commerce sites and other payment service providers, helping them offer additional forms of payment. It says to count PayPal among its clients. Through Bitnet's integration, each will be able to enable consumers to pay with bitcoin, and receive funds in their local fiat.
Bitnet is one of several Bitcoin merchant services providers, with a particular focus on large companies. Last year, the company secured $14.5 million in venture funding, one of the larger investments in the industry at the time.
Growing merchant demand reportedly paved the way for the partnership. Said Christophe Bourbier, CEO and co-founder at Limonetik:
"We recognized the growing interest in digital currencies from our customer base and are excited to partner with Bitnet to add bitcoin to our service offering. We selected Bitnet as a partner due to the ease-of-integration and scalability of their platform, as well as the proven experience of their team in the payments space."
The deal comes at a time when fewer big names accept bitcoin for payment, and the majority of those who do in fact have the bitcoins immediately converted to fiat.