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Global Payment Solution Provider NETELLER Incorporates Bitcoin

Avatar Yashu Gola 5 years ago

Global payment network solution NETELLER recently announced to incorporate Bitcoin deposits to its services, a step that is likely to expand digital currency transaction services throughout the world.

According to a press release published by the Optimal Payments Plc, the group behind the NETELLER services, the company entered into the partnership with popular Bitcoin payment processing platform BitPay. The deal spontaneously enables NETELLER users to top up their fiat accounts in exchange of Bitcoin, without worrying too much about the latter’s volatility.

According to the available figures, NETELLER currently entertains millions-of-dollars worth transactions on daily basis through a wide variety of online payments and prepaid debit card solutions. A larger section of its customer base belongs to those international brokers who wish to get clients’ deposits conveniently online, even if they reside in the world’s most restrictive territories.

Optimal Payments’ interest in Bitcoin has an intent of providing these merchants and customers an additional payment option to convert more transactions. As quoted by the company’s president and CEO, Joel Leonoff, Optimal Payments “recognize the important role that crypto-currencies play in the future of payments and we look forward to working with BitPay as the acceptance rate grows.”

And indeed, Bitcoin transactions are proving to be a safe and affordable haven for online merchants. The digital currency adoption is on a record rise ever since the market giants like Dell, Microsoft and Rakuten has displayed interest in it. And now with NETELLER, it is once again demonstrating its true potential in revolutionizing the way businesses handle transactions. This gets further proved by the fact that customers get to save “up to 5%” when topping up their debit cards or NETELLER accounts with Bitcoin.

Way to go, Bitcoin!

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN...

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