Payment solutions specialist emerchantpay has become cryptocurrency exchange Bittrex Global’s new online payments partner.
In seven years since its 2014 foundation, Bittrex has established itself as one of the biggest and most secure trading platforms in the world. Now, it has selected emerchantpay as its online payments partner that will help enable users to instantly purchase digital assets using credit and debit cards.
Discussing the new partnership, Bittrex Global CEO, Stephen Stonberg, said: "Bittrex Global is dedicated to delivering unmatched security and an unparalleled user experience. As our brand continues to gain momentum across the globe, emerchantpay is the right partner to ensure we can deliver strategic excellence for our customers and add value to our payments' ecosystem."
In the past, consumers have relied on bank transfers to carry out transactions when purchasing digital assets, which can take up to three working days to process or receive internal approval.
Now, thanks to emerchantpay, Bittrex Global can offer card deposits to users in over 75 countries worldwide and eight different currencies. Cardholders have full transparency regarding fees and conversions which gives them complete control over funds and interaction.
emerchantpay’s SVP for Global Gambling, Crypto and FX, Chris Smart, commented: "We are delighted to announce our long-term partnership with Bittrex Global. In today's world, fast frictionless payments have never been more important, and we are proud to be supporting one of the world's most successful trading platforms to deliver exactly this to its global customer base."