Categories: News

BitPay Making Strides To Push Bitcoin Adoption

Strategic partnerships are the best way to conduct business and raise awareness about Bitcoin on a global scale. BitPay, the world’s leading Bitcoin payment processor, has recently announced two major partnerships that will take both the company and our beloved digital currency to a new level.

NetSuite Now Accepting Bitcoin

Most of our readers may have never heard of NetSuite before, so allow us to explain. NetSuite is a provider of cloud-based management software solutions, and they currently serve roughly 24,00 customers [businesses and subsidiaries] on a global scale. Whether a company is looking for an e-commerce solution or wants to improve their customer relationship management, NetSuite is the solution for you.

Now that NetSuite has implemented the tracking, acceptance and account feature for Bitcoin payments, things can only get better from here on out. BTC4ERP is the name of NetSuite’s Bitcoin Transaction Coordinator applications, which lets users activate the Bitcoin payment feature for their [online] business. Furthermore, every NetSuite user who uses the BTC4ERP app will be able to make use of general ledger accounting with a simple software package.

The best part about all of this is that everything will be done from within the NetSuite ecosystem. But there is more for Bitcoin enthusiasts, as customers can designate bitcoin as a normal payment method or even as a foreign currency. This last option has an additional benefit as it provides transparent accounting alongside other traditional payment methods.

Related Post

Heartland Payment Systems Partners With BitPay

For those of us living outside of the United States, Heartland Payment Systems will not be as well-known, even though they are one of the largest payment processors in the US. Not just in the online space, mind you, as Heartland also offers mobile commerce, point of sale, payroll and marketing solutions to over 300,000 businesses and educational locations.

The referral partnership between BitPay and Heartland helps to bring Bitcoin payment technology to organizations and businesses interested in exploring new payment methods. Furthermore, Heartland’s industry-leading sales professionals will identify the businesses and organizations to benefit most from accepting bitcoin payments.

Sources : http://blog.bitpay.com/2015/03/09/a-bitcoin-solution-for-netsuite.html

http://blog.bitpay.com/2015/03/10/heartland-payment-systems-collaborates-with-bitpay.html

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Velocity Ticket Debuts As The AI-Powered Invoicing Tool Every Service Business Needs in 2026

Velocity Ticket is trying to fix a major gap in businesses, and the approach it…

2 days ago

Axelar Confirms $4.67M Exploit on Secret Network Bridge, Core Protocol Remains Unaffected

Axelar is moving fast to contain damage after identifying a security incident that has resulted…

3 days ago

Sui Synthetic Dollar suiUSDe Gets Its Own Website

suiUSDe now has a dedicated landing page. The token, officially the eSui Dollar, comes out…

3 days ago

Ventuals Winds Down HIP-3 DEX, vHYPE Withdrawals Now Live For All Holders

Ventuals has fully wound down its HIP-3 DEX, and vHYPE withdrawals are now open. The…

3 days ago

Avalanche Launches Payments Collective With Franklin Templeton And 25 Others

Avalanche has launched the Avalanche Payments Collective, bringing together 28 organizations spanning nearly every layer…

4 days ago

ASTER Whale Reopens 5x Long Days After Getting Fully Liquidated On The Same Token

A wallet tracked as 0x5f91 just opened a fresh 5x leveraged long on ASTER, putting…

4 days ago