CardinalCommerce Adds Bitcoin to Merchant Payments Solution

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....


Related News

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....

GoCrypto Reveals a Protocol That Revolutionizes Digital Payments

PRESS RELEASE. LJUBLJANA, SLOVENIA: The GoCrypto project always strives to bring crypto payments into the mainstream. The upgraded solution dubbed GoCrypto 2.0 enables true decentralized payments where the merchant can accept virtually any currency and receive the settlement in its desired crypto currency without virtually any central entity in between. The solution would at its core utilize blockchains that support smart contracts in order to enable automatic processing of the payments and its several steps, such as acceptance of payment, routing and swapping of the funds, fee collection,....

Abra Merchant API Solution For Online Payments Gains Amex As Investor

Abra, a payment network that uses bitcoin to provide fast and secure transactions, announced its merchant API solution. The startup also announced it has attracted American Express as an investor. The Abra Pay solution will allow merchants to accept online payments minus the friction created by other online networks. The solution reduces payment acceptance costs and settlement times. Abra uses bitcoins to provide instantaneous and secure money transactions. The company will provide an app to enable merchants to accept digital cash and will first be available to users in the U. S. and the....

Uphold Acquires Bitnet, Calls It Uphold Merchant Services

Uphold has acquired Bitnet's Bitcoin-based merchant payments solution business to create Uphold Merchant Services. Uphold, the blockchain based online financial platform has announced its acquisition of Bitnet, or at least what’s left of it to create Uphold Merchant Services. Uphold’s deal follows the earlier acquisition of Bitnet’s blockchain IPs by one of its investors, Rakuten. Bitnet has been one of the familiar names in the cryptocurrency industry. The platform has been offering Bitcoin merchant payments services while researching into various other applications of blockchain....

Exclusive Bitcoin Interview with the igot Co-Founder: Taking over Merchant and Rebittance Markets

igot launches Bitcoin merchant solution. The Australian Bitcoin exchange igot has announced the launch of the igot Merchant Solution, a service that allows both e-commerce providers and brick-and-mortar stores to accept bitcoins for goods and services. The igot Merchant Solution comes with a fixed transaction fee of half a percent. igot has continued to grow globally. The company that is present in close to 40 countries would seem to be emerging as a key player in the bitcoin merchant solutions area. Through the latest product offering, igot also signals intent to the major players BitPay,....