Dash Collaborates To Expand B2B Payments
The cryptocurrency Dash has partnered with AloGateway, an international payment processor, to increase its business-to-business payments platform all over the globe. Dash, which is actually one of the largest cryptocurrencies globally at position 13 according to Coinmarketcap, is providing private and quick transactions. Is currently has a capitalization of $2.17 billion.
The announcement, which was made this week, will enable Dash to have access to the AloGateway platform, thus permitting traders to send, collect and keep the currency. At the moment, the platform processes approximately a hundred thousand dealings every day. This is over 50% of Bitcoin’s present trade volume.
The digital currency makes use of an international network of master nodes that helps expedite the enhancement of its bionetwork. Ryan Taylor, the CEO of Dash asserted its partnership with AloGateway is now being acknowledged as the key partner for fiscal systems like China Union Pay.
Being a major payment processors in the Asian region, AloGateway is a strategic companion for Dash, even as the company seeks to expand its international network in Asia as well as other regions where cryptocurrencies have a heavy presence. This partnership is of great benefit to Dash since the company now has access to AloGateway’s wallets, including its services.
AloGateway, The Most Prevalent Payment Processor In Asia
AloGateway is in essence one of the major payment processors in the Asian region, with a wide focus on a number of businesses comprising, entertainment, retail, health, hospitality and gaming. The company is known for providing payment solutions for the banking industry in China under the China Union Pay (CUP). The CUP is under the regulations of one of the main Chinese banks.
The platform provided by the partnership is lauded to be entirely acquiescent with the virtual Payment Service Provider as a Payment Card Industry. In many ways, this is instrumental in attaining and resolving Visa and MasterCard dealings throughout the globe in most of the digital currencies that are being traded.
Key Reasons Why AloGateway Chose To Partner With Dash
According to Sherwin Quiambao, AloGateway’s CEO, the company had a variety of motives for settling on Dash as it’s the initial digital assets they offer on their platform. One of the motives for picking Dash was due to the fact that it charges the lowermost charges. Its transactions are also the fastest of any of the blockchain networks.
Additionally, Dash has a very dynamic community especially in many parts of Europe and Asia where AloGateway is sensing much prospects for expansion. Being an all-inclusive commercial solution which also includes multiple processing of digital currencies, a broad back office system, recurring billing and more features, AloGateway is a strategic companion to Dash in its quest for expansion.