Litecoin to create its own payment processor LitePay

Litecoin Foundation has stated that the launch of a huge payment processor is to be announced soon and LitePay will open up signups in February of 2018
22 December 2017   15699

Litecoin Foundation has made an announcement on December 22 stating that the launch of Litecoin own payment processor LitePay is coming on February 26 and that it currently is in private beta.

  • Possibility to accept Litecoin payments for business. Users can use LitePay's retail, ecommerce, billing, and donation tools to accept payments from customers anywhere on earth
  • Ability to receive settlement from Litecoin payments directly to the bank account in your own currency, with zero price volatility or risk
  • Ability to manage Litecoin finances in one application with the secure open source wallet by Litepay, which will be available for all major mobile and desktop browsers
  • The LitePay card will let users load dollars using any Litecoin wallet with 0% fees and get instant withdrawals from VISA compatible ATMs and spend with any VISA merchant

At the moment of press, these are main market parameters of Litecoin:

  • Average price: $193,06
  • Marketcap: $10 506 435 614
  • 24h volume: $1 771 130 000

iPayment to cooperate with Aliant Payment Systems

iPayment, Inc., a payment provider for small and medium-sized businesses (SMBs), today announced a partnership with Aliant Payment Systems
23 May 2018   71

This new partnership will allow iPayment to facilitate digital currency acceptance for merchants and their channel partners. 

Our goal at Aliant is to be one of the first adopters and facilitators of cryptocurrency in the traditional payments space. Partnering with an established, quality organization like iPayment helps us achieve that goal. We are looking forward to mutually moving into a new territory of block chain and cryptocurrency and providing our shared clients with an alternative form of accepting and processing secure, cost-effective payment transactions.
Eric Brown
Founder, CEO, Aliant Payment Systems, Inc.

Aliant Payment’s Crypto Processing Gateway provides merchants with the possibility  to accept cryptocurrencies like Bitcoin or Litecoin, in both digital and card-present environments.

The payments landscape is always changing. iPayment is continually pursuing partnerships with organizations that not only anticipate these changes, but develop innovative solutions to address them – and that is exactly what Aliant has done. We’re looking forward to cultivating this partnership and introducing crypto payment acceptance to our channel partners and adding it to our overall product offering.
Denise Tahali
Senior Vice President, Partner Sales, iPayment, Inc. 

From this new product innovation, iPayment is aimed on small business enablement and delivering efficient services and resolves for business developments. Aliant also lets e-commerce and mobile vendors worldwide to adopt different payment forms, and it provides a complete line of credit card machines, ATMs and payment technology. 

With the help of this collaboration, iPayment can now supply Aliant’s Crypto Processing Gateway to partners and merchants who wish to accept these forms of digital payments.