Verifone integrates crypto payments

Verifone integrates crypto payments

The largest supplier of terminals, Verifone, plans to integrate crypto-payments in partnership with the processing service BitPay.

US merchants will be able to accept cryptocurrency payments through Verifone platforms until the end of this year.

To complete a transaction, simply select a crypto wallet on the Verifone terminal and scan the QR code. At the same time, sellers will receive an instant payment message and transfers to a bank account in dollars. This payment algorithm will allow merchants to easily and securely accept cryptocurrency while protecting against its high volatility. 

The new feature supports BTC, ETH, DOGE, BCH, WBTC, LTC and 5 stablecoins: GUSD, USDC, USDP, DAI and BUSD.

Verifone has 35 million point-of-sale devices in more than 150 countries, processing more than 10.4 billion online and offline transactions annually, valued at $440 billion. 

Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies

You May Also Like

4582021-02-11

Mastercard will begin supporting cryptocurrencies

The American company Mastercard announced that this year it will add support for several digital currencies.

Payment Systems
5242018-10-17

BitPay empowers users

The operator of the cryptocurrency payment system BitPay, which allows merchants from more than 38 countries to accept payment in Bitcoin and Bitcoin Cash, will take measures to protect its customers from the volatility of these digital assets

Payment Systems

Latest articles from Payment Systems category