CardinalCommerce and Bitnet Join Forces to Help Merchants Accept Bitcoin for Goods and Services at No Risk

CardinalCommerce and Bitnet Join Forces to Help Merchants Accept Bitcoin for Goods and Services at No Risk

CardinalCommerce (, the global leader and pioneer in the remote payments industry, and Bitnet (, the world's digital commerce platform, have joined forces to make immediately available the ability for merchants to accept online payments using bitcoin.

Bitnet’s platform offers merchants security, reliability, scalability and flexibility, delivering a seamless experience for both consumers paying with bitcoin and merchants accepting bitcoin transactions. Bitnet’s integration with Cardinal allows merchants to accept payments from anyone, anywhere, with instant global reach and no cross-border fees. Merchants can display the prices of their goods in any of 60 major world currencies, accept bitcoin as payment, and receive funds in their local currency without ever needing to handle bitcoin themselves.

Merchants also eliminate all payment risk – there are no chargebacks with bitcoin, ever. Transaction fees are also lower than with other methods of payment. With Bitnet’s platform, merchants enjoy all the advantages of accepting bitcoin while never needing to deal with any of the digital currency’s complexities.

With Cardinal’s Bitnet integration, accepting bitcoin is quick and easy. One Connection to Cardinal’s patented platform allows merchants to accept payments from dozens of digital wallets and alternative payment brands. Another major benefit is that Cardinal handles all program updates. Once a merchant is using Cardinal, any maintenance, updates and version changes the wallets or payment brands make are managed by Cardinal and require no additional IT resources.

“Cardinal is thrilled to be able to offer our merchants the ability to accept bitcoin through our newest payment brand partner, Bitnet. Their many combined years of payment industry experience makes them the best choice for Cardinal and our merchants who want to offer bitcoin as an alternative way for their Customers to buy. The many benefits of bitcoin make it a win-win for merchants and Customers around the globe!” according to Alasdair Rambaud, Cardinal’s SVP of Merchant Services.

“Bitcoin has turned the global Internet into a secure, seamless payment network - likely the most significant leap forward in FinTech history. We are honored to be partnering with CardinalCommerce to deliver the tremendous benefits of bitcoin to merchants." said John McDonnell, co-founder and CEO, Bitnet.

"Cardinal is the 'go-to' provider for cutting edge payments solutions, so it is no surprise that our friends at Cardinal are as excited as we are at Bitnet to help merchants eliminate fraud while reducing processing costs through bitcoin acceptance.”

For more information, visit or

About CardinalCommerce

CardinalCommerce is the pioneer and global leader in enabling authenticated payment transactions in the card-not-present payments industry since 1999. Through One Connection to the proprietary Cardinal SafeCloudTM payment platform, Cardinal enables friction-free, technology-neutral authentication and alternative payment services (including digital wallets and mobile commerce services). Cardinal services, partners with and complements most providers in the marketplace to deliver their One Connection to secure transactions. In accommodating this growing number of payment brands and methods, Cardinal's platforms serve as universal switches, supporting virtually all merchant platforms, wallets, legacy processing systems and authentication methodologies. CardinalCommerce is headquartered in Cleveland, Ohio and services a worldwide Customer base from facilities in the United States, Europe and Africa.


About Bitnet

Bitnet provides a digital commerce platform enabling enterprise-scale merchants to accept bitcoin payments. With deep experience in the retail and airline sectors, Bitnet's engineering, product, and business development team helped build and manage the world's largest payment gateway, CyberSource. Bitnet has offices in San Francisco, California and Belfast, Northern Ireland.


Related News

CardinalCommerce Adds Bitcoin to Merchant Payments Solution

Merchants using payment authentication provider CardinalCommerce will now be able to accept bitcoin alongside alternative payment options including PayPal and Google Wallet. The announcement is the result of a partnership between CardinalCommerce and bitcoin merchant processor Bitnet that enables merchants with custom-built shopping carts to send API messages to Cardinal's platform through its One Connection service. As part of the integration, CardinalCommerce handles updates and changes necessary to accept the payment method, and will help facilitate refunds through Bitnet. "As a....

Acromobile And Bitnet Enable Mobile Merchants to Easily Accept Bitcoin Payments

Acromobile and Bitnet announced that Acromobile Payments is integrating with Bitnet's platform to offer merchants the ability to accept Bitcoin payments. With this partnership, Acromobile and Bitnet are providing sellers with a new way to drive more customers to their business, simplify their operations, and process payments faster and cheaper. Jason Masciarelli, Founder at Acromobile, said: "With companies like Dell and eBay already accepting Bitcoin, the demand from B2B and B2C merchants is really accelerating. With Bitnet we are able to deliver an integrated CRM and commerce platform to....

Bitnet & PAY.ON Deal Brings Bitcoin to Over 100 Payment Service Providers

Bitnet and PAY.ON have announced a partnership allowing PAY.ON’s entire customer base, which includes over 100 PSPs and 56,000 merchants, to accept bitcoin on its platform. Bitnet, an enterprise scale digital commerce platform has connected with PAY.ON, a financial institution which offers white label payment gateway solutions for payment service providers to enable merchants using PAY.ON’s RESTful API to accept bitcoin payments. Today, PAY.ON processed over 1.2 million transaction per day and has an extraordinary user base of more than 56,000 merchants and over 100 multi-national PSPs....

Payments VP: One Thing Stands Between Bitcoin and Mass Adoption

"Everyone thinks bitcoin is the currency of criminals." According to Alasdair Rambaud, senior vice president for payment solutions provider CardinalCommerce and a self-proclaimed bitcoin user, this is the only factor prohibiting bitcoin from mass adoption. Rambaud believes that "most large merchants" in the US are currently looking into accepting bitcoin as payment, and that the reasons go far deeper than the publicity that can be gained. Rambaud told CoinDesk: "I don't see any other barriers to mass adoption of this aside from the image. It's easy to use, super transparent and you don't....

Bitnet Partners with Computop to Offer Bitcoin Payments for Over 3000 Merchants

Bitnet, a bitcoin payments processor from the developers of the largest payment gateway (CyberSource, acquired by VISA) has entered into a strategic partnership with Computop, a leading payment service provider, to allow global merchants to accept bitcoin on Computop Paygate. Since its launch, Bitnet has focused its services to provide an enterprise-grade digital commerce platform with security, reliability and scalability standards demanded by global businesses. Through the Computop and Bitnet partnership, however, the multi-national bitcoin merchant processor is attempting to implement....