Zotapay Integrates Bitcoin into its Payment Solutions Suite

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 solutions specialist Zotapay has pushed ahead with its R&D agenda, integrating 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 on its online payment platform. The addition of the world’s paramount digital currency represents a key opportunity for e-merchants and venues that are now eligible to fully utilize Zotapay’s suite of services.

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With a market cap of over $69.3 billion, Bitcoin is the most established cryptocurrency to date. Having recently touched all-time highs, the crypto has gained widespread popularity amongst merchants, venues, and even retail brokerages. Consequently, a growing embrace of Bitcoin has led to a wider acceptance and need for payments processing.

Zotapay’s decision to assimilate Bitcoin capabilities into its online payment platform comes amidst this pent up demand, which can now facilitate streamlined services dedicated to e-merchants. Thanks to this solution, Zotapay will be providing a simplified framework for e-merchants to use Bitcoin payments without running the risk of exchange, in addition to the most used means of payments, i.e. credit card, bank transfer, etc.

The benefits of the integration are manifold, with Zotapay looking to meet the needs of e-merchants that wish to position themselves via alternative means of payment. The decision to embrace and integrate Bitcoin also reflects Zotapay’s ability to rapidly integrate innovative means of payment.

The price of Bitcoin vs Gold.#Blockchain #Bitcoin #defstar5 #IOT #makeyourownlane #bigdata... by #didierdelmer pic.twitter.com/ZMYdS6fWVr

— Joel Comm (@joelcomm) August 23, 2017

The adoption of Bitcoin also will help curtail of risk of unpaid payments, much in the same way that cash payment transactions are irreversible and final. Moreover, Bitcoin is a universal payment method and can be made in any jurisdiction, country, or locale on a cross-border basis absent weighty transfer or exchange fees.

Zotapay represents one of the first payments solutions providers to move towards Bitcoin. As Bitcoin’s popularity and overall usage continues to grow, the demand for such payment methods will rise in tandem, a position Zotapay has strategically calibrated its focus to.