Blockchain based checkout solution provider RocketFuel has partnered with ACH and digital wallet API provider Sila to offer frictionless payments.

Under the partnership, Sila has been integrated with the RocketFuel Platform.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

This will allow the users of RocketFuel to pay with ACH as well as digital wallets.

Besides, the alliance will enable Sila to bring the RocketFuel checkout solution to its merchants.

For the two firms, the tie-up is said to support the expansion of the payment and check-out solutions to e-commerce and brick-and-mortar merchants.

It is also said to widen the sales channels.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

RocketFuel CEO Gert Funk said: “We are pleased to partner with such a forward looking and innovative company that understands the value and importance of offering access to secure blockchain based digital payments, focusing on protecting sensitive consumer data details and ensuring frictionless and with high cart conversion rates.

“We believe that by adding the Sila payment methods, digital wallets linked to any of the around 400M US bank accounts our approach and offering to our merchants will be improved significantly.”

Earlier this month, Sila closed a $7.7m seed funding round co-led by Madrona Venture Group and Oregon Venture Fund.

Mucker Capital, 99 Tartans, Taavet Kinrikus, CEO and co-founder of Transferwise as well as investor and entrepreneur Jerry Neumann also participated in the funding round.