APPS, Global Oculus partner to pilot digital currency payment acceptance

Wednesday 24 February 2021 13:51 CET | News

Atlantic-Pacific Processing Systems (APPS) has partnered with blockchain provider Global Oculus to pilot a real-time digital currency acceptance, clearing and settlement solution.
Under the partnership, the two companies will work to enable the acceptance of major digital currencies by merchants for consumer purchases.

The pilot will leverage fast trade execution speeds which is equivalent to usual credit card transaction processing timeframes.

The move will enable banks, acquirers and independent sales organisations offer merchant clients with digital currency and conventional payment acceptance capabilities using their point-of-sale terminals.

APPS is a Saas payment processing and acquiring infrastructure platform headquartered in Las Vegas, Nevada.

Last month, the company finalised the acquisition of cloud-based paytech company Paynomix.

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Keywords: digital payments, blockchain, digital currency
Categories: Banking & Fintech | Payments General
Countries: World
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Banking & Fintech

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