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Apriva partners GoCoin on digital currency processing

26 August 2014  |  2087 views  |  0 Source: Apriva

Apriva, the leading provider of secure end-to-end wireless transaction and information solutions, today announced a strategic technology partnership with GoCoin to process digital currencies like Bitcoin, Litecoin and Dogecoin for Apriva's 1,000+ channel partners.

GoCoin is the first payment gateway solution designed from the ground up to support both Bitcoin and emerging alt-coins at checkout.

"As the payments industry evolves, we want to empower merchants by giving their consumers the option to use the latest payment forms for their purchases," said Steve Beauregard, founder and CEO of GoCoin. "Our partnership will enable Apriva's resellers and ISVs to provide their merchants the most comprehensive selection of payment options offered today."

Building upon Apriva's history of innovation in the payments industry, the GoCoin partnership enables Apriva's vast reseller base to provide their merchants the ability to safely accept digital currencies without taking on market volatility. Merchants can keep the coins, or immediately trade all or part of them at the current market rate. GoCoin assumes all risk during the exchange.

"Digital currencies are another driver of change within the payments industry and quickly gaining in interest from consumers. Our customers rely on us to be at the forefront of innovation so they can differentiate themselves and take advantage of new opportunities to meet their consumer needs," said Chris Spinella, the company's chief executive officer. "GoCoin's technology platform is an ideal complement to the Apriva Gateway, providing us with the ability to support current digital currencies, and emerging currencies as well."

Apriva's Gateway provides superior connectivity between payment devices, merchant acquirers and payment processors allowing merchants to accept secure card payments on dial, IP and wireless terminals, mobile devices, vending machines, and kiosks. Apriva's Gateway currently supports credit, debit, EBT, loyalty, check, and closed-loop payments. Through this partnership with GoCoin, Apriva's Gateway will support digital currency processing for future purchases. 

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