Alternet Chooses BitPay to Launch Bitcoin Processing Service
Sept. 8, 2014
Alternet Systems, a Miami-based provider of mobile-commerce and digital-currency services, has launched a global cryptocurrency processing business through a subsidiary called Alternet Payment Solutions (APS). APS signed a non-exclusive agreement to resell the services of Bitcoin processor BitPay. The company will make BitPay’s processing solution available to its clients looking to enter the digital-currency business.
“Our strategic agreement with BitPay will allow us to initiate our sales process with several potential clients in Latin America and the Asia-Pacific region,” said Henryk Dabrowski, CEO of Alternet Systems. ”We believe that our backlog of opportunities will continue to grow globally and we will generate our first revenues from this business in the fourth quarter of 2014.”