An interesting development has been announced earlier today, as Coinify is working hard to expand their presence in the Asian region. Thanks to a partnership with iPayDNA, they can now offer multi-coin payments across Asian countries, Another notch in the belt for digital currency as a whole, and a promising partnership to shake up the way payments are handled in the region.
Also read: Coinkite to Terminate Bitcoin Web Wallets and Focus on Hardware Coinify Joins Forces with iPayDNA
This partnership is quite interesting in its own right, as iPayDNA is a Hong Kong-based payment processor, and Coinify is a digital currency payment service provider hailing from Denmark. While it is not unusual to see international partnerships taking place in the digital currency ecosystem, it speaks volumes as to how the demand for alternative payment options truly is universal.
Expanding in the Asian market is not an easy feat, although Coinify has been working on trying to achieve this goal. With a strategic partner in Asia, blockchain-based merchant processing solutions will be coming to consumers in that region. iPayDNA is a very dominant player in this area, and it will be interesting to see how this partnership will affect digital currency payments as a whole.
Coinify Sales Manager Morten Bebe stated: “The increasing popularity of alternative payments is reinforced by the strong shift from cash to electronic payments and the increasing number of customers searching for their preferred payment method in a secure environment. Besides these strong indicators of the potential that blockchain payments have in the area, we are pleased about opportunities contributing to the infrastructure and supporting the digital currency adoption process.” Local merchants in Asia are very different from those in Europe or the US, and it is pertinent for Coinify to have a partner […]
