Payment solutions provider Global Payments will start accepting Bitcoin, incorporating the digital currency into its product suite and offering Bitcoin payment acceptance to its worldwide merchants, after signing a referral agreement with payment service provider (PSP) BitPay.
“We focus on delivering innovative products and services to our global customer base, and this relationship provides us the ability to offer our merchants an integrated digital currency payment choice,” said David Mangum, president and chief operating officer (COO) for Global Payments.
“We are pleased to partner with BitPay to provide next-generation payment solutions to our customers.”
“This partnership with Global Payments allows electronic commerce (e-commerce) and retail merchants to easily accept Bitcoin payments,” said Tony Gallippi, BitPay’s co-founder and executive chairman.
“The cross-border demands of global merchants present a great opportunity for Bitcoin acceptance and will allow us to reach more customers in emerging markets.”
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However, a London summit on the industry’s introduction of the technology cautions that testing and acceptance are still at an early stage and firms should proceed with caution.
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