New ForgingBlock Payment Gateway Software for Transactions with Cryptocurrency

ForgingBlock, which provides credit card based payment solutions, has confirmed the launch of a cryptocurrency based payment-gateway. It would also support payments from PayPal and Apple Pay, including credit cards.

Utilizing blockchain market technology, Bitcoin, and big data analysis, ForgingBlock seeks to benefit both small scale and large scale businesses. They have developed advanced softwares to support Bitcoin based payment solutions. This will make online transactions hassle free at the ease of users’ hands.

ForgingBlock agreed to provide all required technical support to setup payment through cryptocurrency to small business units, for example, restaurants and retail stores. For most web developers working for their small business partners, incorporating blockchain technology to hardware and software for payments via cryptocurrencies is limited to excellent technical expertise.

Forging Technologies Inc. owns ForgingBlock. ForgingBlock has succeeded Tetra Payments which earlier dealt with point-of-sale (PoS) as well as credit card payments. With their new payment gateway they will also be functional with their previous credit card solution platform.

In present times there is no platform where cryptocurrencies and conventional currencies are integrated. Hence this new development has set a benchmark in the payment gateway sector. Co-founder of ForgingBlock, Sean Chen said:

“Providing complete payment solutions and support to help merchants boost their revenue and reduce distraction from non-core business matters, allowing them to focus on selling their product is always our vision.”

The e-commerce sector is going to benefit to a large extent with the launch of such integrated payment gateways. Since cryptocurrencies are suitable for both buyers and suppliers, more commercial operations can now happen on the global scale.

With optimum fees on all transactions that occur through the blockchain, a new revolution has started in this technology driven age, insisted ForgingBlock President, Bobby Ma.

Bitcoin Price's All Time High Was 481 Days Ago: BTC Mining Halving is 400 or So Days Away

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,471FansLike
2,795FollowersFollow
4,194FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Bitcoin to Follow the Equities Market Up or Down? One-Month Correlation Spikes to an All-Time High

Yet another week of weak price movement. The world’s leading digital asset is trading at $9,072, in red with 24 hours ‘real’ volume of just...

Public Mint Launches Its Blockchain; Over 200 Banks Plan to Support Its Digital Money

vPublic Mint, a firm founded by CNET founder Halsey Minor, has announced the launching of its ‘fiat-native’ public blockchain, which enables anyone to easily...

BTC Halving Week Brings in Record Monthly New Accounts & Doubles the Revenue for BlockFi

The past two months have been incredibly dull for the price of bitcoin, but it didn’t affect the businesses in the cryptocurrency space. The...

Currencycloud Partners with Ripple to Leverage RippleNet for Efficient Cross-Border Payments

Currencycloud - one of the global payment processing giants - has become the latest member of the RippleNet family and would help ripple in...

Coinbase Custody and IOHK Partner to Provide Institutional-Grade Staking For Cardano's ADA in Q4

IOHK, the lead developer of Cardano blockchain, and Coinbase Custody, the institutional-grade custodian launched by Coinbase Inc., announced a partnership to allow users to...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today