30 million dollars in the startup that will help create over 70 jobs in the upcoming months. 30,000 businesses and organisations are being served by the bitcoin payment processor company daily.
What is a Bitcoin Payment Processor? A bitcoin payment processor allows merchants, businesses, stores and individuals to accept bitcoins without having to handle any bitcoins or the bitcoin transactions themselves. The bitcoin then converted into fiat. Paypal is a perfect example of this. Paypal lets people and businesses send and receive money using their payment gateway for a fee using credit cards, check cards and checks. 110m worth of bitcoin processing, which is projected to triple by year end.
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