BIPS, Fidor Bank partner to offer bank settlements to merchants

Wednesday 28 May 2014 00:41 CET | News

European cryptocurrency payment solution provider BIPS has entered a partnership with financial institution Fidor Bank of Germany, to offer bank settlements to European merchants.

These settlements are a part of SEPA, the Single Euro Payments Area. SEPA is a European Union initiative that allows for the simplification of bank transfers denominated in EUR.

BIPS offers Bitcoin payment processing, recurring billing, and other products and services.

Fidor Bank is an internet-based direct bank which is set to address private and corporate clients with FidorPay. The FidorPay account is a primary bank account, offering a combination of a classical bank account with internet payments and banking services.

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Keywords: BIPS, Fidor Bank, bank settlements, merchants
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech

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