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March 28, 2016updated 04 Apr 2017 3:59pm

Coinify, iPayDNA partner to offer blockchain merchant payments in Asia Pacific region

Coinify, a Denmark-based blockchain currency payment provider, has teamed up with iPayDNA International, a Hong Kong-based payment service provider, to bring advanced blockchain payments to merchants in the Asia Pacific region.

By Verdict Staff

Coinify, a Denmark-based blockchain currency payment provider, has teamed up with iPayDNA International, a Hong Kong-based payment service provider, to bring advanced blockchain payments to merchants in the Asia Pacific region.

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Under the agreement, iPayDNA’s merchants can accept 17 Blockchain-based cryptocurrencies (including Bitcoin) from any country in a secure environment and receive payouts in local currency to their bank accounts within a few days.

The PSP deal further extends Coinify’s push into the Asian market.

The agreement will enable Coinify to extend their blockchain merchant processing solution distribution channel across the Asia Pacific region where iPayDNA holds a dominant position.

Coinify sales manager Morten Bebe said: "The increasing popularity of alternative payments is reinforced by the strong shift from cash to electronic payments and the increasing number of customers searching for their preferred payment method in a secure environment.

"Besides these strong indicators of the potential that blockchain payments have in the area, we are pleased about opportunities contributing to the infrastructure and supporting the digital currency adoption process."

iPayDNA managing director Guan Seow said: "By adding a broad selection of the most popular blockchain currencies via Coinify, our merchants can further benefit from this variety. All iPayDNA’s customers, who are open to embrace blockchain currencies as their new alternative payment methods, can do so now, safely and with ease."

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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