Payroc LLC, a leading merchant services and payment processing organization, and Ethos.io PTE, a leading cryptocurrency services platform, earlier this week formally announced a partnership aimed at creating a best-in-class cryptocurrency merchant payment processing service. Per the update, the Ethos Bedrock platform will be integrated with Payroc’s payment gateway platform to enable a simple ‘Pay with Crypto’ button to be placed on merchant websites, giving consumers the option to pay with cryptocurrency in addition to traditional payment methods. “We’re excited about partnering with Ethos as it brings together the traditional payments world Payroc operates in with new digital currencies,” Jared Poulson, chief integrations officer for Payroc, stated in the news release. “Our merchants will be able to accept payments via traditional credit cards, ACH, PayPal and now popular cryptocurrencies.” The new merchant processing service is expected to allow for payments with a number of common cryptocurrencies, including bitcoin, ethereum and bitcoin cash, as well as the Ethos token, which serves as “the gas for the Ethos ecosystem.”
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About Payroc LLC
Payroc, headquartered in the Tinley Park suburb of Chicago, drives commerce for its merchants with anytime, anywhere payment solutions. Payroc serves its referral partners and merchant clients with integrity as trusted advisors and recognized experts in payments, providing transparent pricing clarity, and developing personal relationships while delivering exceptional technology. Payroc has registered to become an ISO of MB Financial Bank, N.A., Chicago, Illinois; is a registered ISO and payment facilitator of Fifth Third Bank, Cincinnati, Ohio; and is a registered ISO of Wells Fargo, Concord, California. Payroc services and supports more than 30,000 merchants throughout North America, providing stability in payments by safely and securely processing more than $8 billion in annual volume. For more information, visit www.Payroc.com
About Ethos.io PTE LTD
Ethos is a leading cryptocurrency services provider that is building a bridge between the blockchain and existing financial institutions and systems. The Ethos Universal Wallet enables anybody to securely safe-keep their own crypto assets easily, safely and for free. The Universal Wallet is decentralized, with consumers creating and owning their own private SmartKeys that secure personal digital vaults. The Universal Wallet is built on Bedrock, a foundation platform that abstracts and makes blockchains more accessible, secure and compliant for both people and financial institutions. Ethos has built a blockchain dream team of financial and technology executives with experience at companies like Blackrock, Citrix, Deloitte, Freddie Mac, Merrill Lynch and UBS. Ethos is headquartered in Singapore with a global presence and community. For more information, visit www.Ethos.io
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