merchant services provider and processing firm Aliant Payments has announced it will offer free transaction processing to some merchants, according to a Jan. 29.
Aliant’s crypto processing product for merchants, dubbed CryptoBucks, was launched in 2017. As the firm announced today, free crypto processing via the platform is now available “to qualifying merchants that sign up for debit and credit card processing.” The company clarified that the merchants must be located in the U.S. or .
According to the press release, Aliant has partnered with a publicly traded domestic , assuring its customers that transactions are compliant with federal laws and , as well as Know Your Customer and Anti-Money Laundering rules.
The company’s CEO, Eric Brown, made a bullish statement on crypto in the press release, stating, “[a]fter experiencing such a simple, low-cost, and no-risk payment option, we’re confident they [merchants] won’t look back.”
Brown also said that the company’s goal is to “make cryptocurrency every merchant’s favorite form of payment.”
As Cointelegraph previously , major global payments firm Western Union is also considering launching crypto payments. The president of Western Union Global Money Transfer told reporters in December that the firm will consider supporting crypto once it has achieved mass adoption, namely by solving problems with , governance and compliance.
Blockchain technology firm Group has recently e-commerce software for merchants and several other tools — such as an ₿itcoin () wallet and a hardware payments terminal — in order to drive wider adoption of the .
Published at Tue, 29 Jan 2019 15:12:00 +0000
