Published on August 18th, 2015 | by bitcoin0
Bitnet and Pay.On Partner to Simplify Global Bitcoin Use
PAY.ON, a provider of white label global payment gateway solutions, announced today (Aug. 18) that the partnership will enable payment service providers globally to offer bitcoin as a payment method using PAY.ON’s RESTful API-based payment platform.
“PAY.ON and Bitnet have built robust, industry-leading payment processing technology based on the same fundamental principles,” said Markus Rinderer, CEO and Founder at PAY.ON.
“Flexibility, scalability, and security are delivered through RESTful APIs, making bitcoin acceptance simple for our network of payment service providers and their merchants.
“Our partnership with PAY.ON enables us to achieve scale by enabling bitcoin acceptance for over a hundred PSPs globally,” said John McDonnell, CEO and Founder at Bitnet.
It enables merchants to set prices in local currency, accept bitcoin payments from consumers, and settle the transaction in the merchant’s currency of choice.