Heartland Payment Systems To Refer Businesses to BitPay's Platform

Heartland Payment Systems is working with BitPay to identify businesses and organizations best suited to use Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term as a payment method. The arrangement would have them referred to BitPay's platform, which so far supports over 50,000 merchants.

Heartland provides payment processing, payroll and loyalty program solutions to businesses. It was founded in 1997 and has grown to over 3,100 employees. It recorded $2.1 billion in revenues in 2013.

It reportedly supports 300,000 businesses and educational institutions in the United States, processing over 11 million transactions a day worth in excess of $80 billion annually. Thus, the onboarding of a payment processor of this size can have a meaningful impact as BitPay continues to try to bring bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term to the masses.

Over the past three years, Heartland has acquired several smaller niche payment technology providers. One of the more recent deals was with Touchnet Information Systems, which reportedly had over 600 higher education institutions as clients, catering to over six million students--nearly one third of the enrollment in the U.S.