Vogogo Payment Processor Springs Up in European Markets

By February 5, 2015Bitcoin Business
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Vogogo Payment Processor Springs Up in European Markets

Fraud mitigation and payment processing company Vogogo has recently announced creating a strategic partnership with E-comprocessing (ECP) — a subsidiary of UK-based payment processing company eMerchantPay Ltd. The deal ultimately enabled Vogogo to offer its multitude of services in the European market.

According to the company’s latest press release, they are now expecting to fully extend its payment processing and risk management services throughout the European market. On the other hand, European businesses now have a safe and secure option to conduct seamless transactions between Bitcoin and other fiat currencies. Forming a strategic partnership with a renowned company like E-comprocessing further ensures Vogogo clients to conduct safe transactions with their Visa and MasterCard-powered credit and debit cards.

Vogogo CEO Geoff Gordon further acknowledged the importance of this deal and said:

“We are very pleased to make this announcement. Our focus for this year is all about growth and expanding our service offering to target markets. Opening the European market is a significant step towards reaching our business goals.”

ECP’s Managing Director Yoni Roth also acknowledged the role Vogogo is going to play inside Europe. “We are very excited to be servicing the European cryptocurrency market in partnership with Vogogo,” he said. “Their knowledge, unique technology offering combined with industry leading risk management capabilities give us the comfort to effectively enter this space along with them.”

With Euro zone still designing the regulations for Bitcoin, the presence of a risk management company like Vogogo could add another dimension to this entire process. The company previously entered into a partnership with Knox Payments to specifically provide services to digital currency businesses. It is said to have been doing pretty well in US and Canadian market, with most of the clients’ reviews being favorable.

Image Credits: Vogogo

According to the company’s latest press release , they are now expecting to fully extend its payment processing and risk management services throughout the European market. On the other hand, European businesses now […]

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