The success of a cryptocurrency largely depends on how many people use it to perform certain tasks as digital money. Dash recently announced a partnership with international payment processor ePaymints, which should increase the number of users and adoption of this digital currency.
According to the announcement, the partnership with ePaymints will accelerate the adoption of Dash in the financial and chargeback industry. The company says it has already helped customers win 65% to 92% of chargeback disputes.
Dash Core Group's head of business development, Bradley Zastrow, said:
Cash and chargeback industries pay much higher credit card fees on average, and that's if they're lucky enough to open one. This is a clear use case for Dash, and we are pleased that ePaymints has recognized us as the leading cryptocurrency that can solve this problem.
According to the ePaymints website, its payment network operates in 195 countries, with 135 digital currencies, and partners with 47 banks.
The company's chief executive, Jody Dorst, said:
We are far from new to the payment processing industry. Over the years of the service's existence, we have worked with almost every existing payment solution. Cryptocurrency adoption among merchants is already growing around the world, and Dash is a huge part of this trend. We're excited to partner with Dash to provide a better payment solution for entrepreneurs.
Over the past two days, Dash has gained 20% in its value, but has since dropped slightly. Dash is currently trading just below $100.
According to ethereumworldnews.com
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