Bitstamp,Qi Digital To Help Banks Integrate Crypto
Following the announcement of a new agreement between Bitstamp and London-based crypto commerce business Qi Digital, companies, banks, and payment providers will be able to take bitcoin stored on the world’s oldest running crypto-exchange Bitstamp as regular payment.
Businesses in the United Kingdom, Europe, the Middle East, and North Africa will be able to accept cryptocurrency payments by integrating Bitstamp’s cryptocurrency exchange and settlement service with Qi’s cryptocurrency payment platform.
Qi offers digital wallet payments for goods and services, enabling business customers to accept payments through an e-commerce ‘crypto at checkout’ experience. Bitstamp, a regulated crypto exchange, converts transactions into Qi’s business customers’ bank accounts. Qi provides seamless connectivity with Bitstamp to banks and other payment processors offering digital assets to end customers.
(With inputs from Shikha Singh)
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