BitPay creates Bitcoin POS solution for Ingenico devices
BitPay has partnered with the global leader in seamless payments Ingenico to allow brick and mortar stores to accept bitcoin via its point-of-sale (POS) terminals. The payment solution was developed by BitPay and installed on an Ingenico Terminal ICT250.
According to the company, it will be compatible with the majority of Ingenico terminals as they run its operating system, Telium.
Customers can pay with bitcoin at applicable Ingenico terminals after merchants generate a QR code by entering the fiat sale price. The code can then be scanned with a bitcoin wallet app.
Earlier this year, Ingenico partnered with Paymium to enable retailers in Europe to accept bitcoin payments.
A spokesperson for BitPay, however, said that this new partnership would make this solution available on a global scale. Additionally, he said, all BitPay merchants currently accepting traditional fiat payments via compatible Ingenico terminals can now also accept payments in bitcoin.
„We are excited to partner with Ingenico Group, one of the leading payment processors in both physical and online commerce. This integration will help us expand bitcoin payments to thousands of retail payments worldwide,” said BitPay’s executive chairman, Tony Gallipi.
Source: coindesk.com
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
