Netopia mobilPay introduces Bitcoin payments

Newsroom 04/12/2014 | 14:24

Netopia mobilPay, one of the biggest online payment processors in Romania, announced the integration of Bitcoin transaction, the most widely used virtual currency in the world. Therefore, over 6,000 partner retailers will now have access to processing Bitcoin, without added development costs, writes wall-street.ro.

According to mobilPay representatives, the company will process Bitcoin through a partnership with BTCXChange.ro, the local Bitcoin trading platform which currently has 3,000 users and has traded Bitcoin worth of USD 2.5 million in 2014.

“Bitcoin’s potential, especially concerning the technology that it’s based on, is phenomenal, being instrumental for the next evolutionary phase of everything online, not necessarily related to payment services”, said Antonio Eram, CEO and founder Netopia mobilPay.

“News in our time will become, in the near future, reference points for the development of the cripto-currency market in the whole world. We are seeing the start of a new decentralized ecosystem forming and, at the same time, the efforts the community is making for its expansion. The spectacular increase in prices and the fast adoption rate make us believe in a bright future”, according to Cristian Cora, COO BTCXChange,ro.

NETOPIA mobilPay announced it processed 810,000 transactions in the first quarter of the year, up 40 percent y-o-y compared to the first quarter of 2013. The growth is due both to Romanians’ willingness to make more online payments but also to the fact that the payment platform attracted 200 new traders, according to a press release of the company.

 

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue