Categories: News

Coinify partners up with iPayDNA to encourage blockchain payments in Asia

Not long ago, Coinify announced that they’re planning a push into the Asian market to further accommodate bitcoin adoption in the region, while also teaching the public more about the potential of blockchain technology.

According a recent blogpost, the blockchain currency payment service provider Coinify and the Hong Kong-based iPayDNA payment service firm, have joined a partnership, meant to bring advanced blockchain payments to the Asian Pacific region.

The PSP agreement will allow Coinify to push in their merchant processing solutions into the market, where they will receive substantial help from iPayDNA, which currently holds a leading position. In a recent press statement, Morten Bebe, the sales manager at Coinify mentioned that: “We are thrilled about teaming up with iPayDNA. Being a company native to the Asia-Pacific region, they have the best understanding of local merchants needs and at the same time being a company with an international mind-set, they perfectly match the qualities we look for in our business partners.”

Together with this, Guan Seow, the managing director of iPayDNA stated that they are open to embrace blockchain currencies as an alternative payments method, thanks to Coinify, which provides a safe platform for these.

The partnership between the two companies allows merchants to accept over 17 blockchain-based currencies from any countries, to both receive and send payments, directly into the bank accounts of the users.

Related Post

Based on everything that has been outlined so far, what do you personally think about the partnership between Coinify and iPayDNA? Let us know your thoughts in the comment section below.

If you liked this article follow us on Twitter@themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.


 

Source: Coinify

Daniel Dob

Daniel is a bitcoin investor and journalist for numerous news outlets in the financial sector. When he's not writing, trading, or interviewing people, you can find him swimming, reading or taking one of his hobbies to the next level.

Share
Published by
Daniel Dob

Recent Posts

TRX Price Prediction: Tron Network Fee Cut to Spark New ATH?

Back into Spotlight: Tron Network Fee Cut Could Push TRX to ATH, But This DeFi…

8 hours ago

Altcoin Alert: Crypto Market Cap Breaches Key Level Hinting at an 8000x Rally for this Shiba Inu Killer

Shiba Inu (SHIB) gave enormous returns in 2021, making many early holders millionaires. After the…

12 hours ago

XRP Crash? XRP Falls Below $0.5 Resistance Level as Next Gen Altcoin JetBolt Takes Over

Spooky season might be over but doom is still looming as Ripple’s XRP falls below…

15 hours ago

This New Exchange Token Is Poised for a Price Surge Alongside Cardano and Avalanche – Analysts Predict Huge Gains This November

Three promising altcoins are causing a stir among investors this November: Avalanche (AVAX), Cardano (ADA),…

15 hours ago

With Dogecoin Dipping and TRON Holding, Is Lunex the Hottest Crypto Now?  

Everyone knows what the hottest crypto can do. When it was so hot it was…

15 hours ago

Tron Fees To Be Cut In Half Through Proposal 95, Cutoshi Surpasses $600k As TRX Investors Join CUTO Presale

The Tron network has witnessed incredible growth in several areas, especially in its adoption, which…

16 hours ago