Processing.com, a global payment solutions provider, today announced a partnership with Coinsquare, one of Canada’s leading digital currency trading platforms. Processing.com will enable online payments functionality for Coinsquare customers to buy digital currencies with their credit or debit cards instantly.
Coinsquare annually facilitates near $5 billion of digital currency trades.
“We are very excited to partner with such a respected and fast-growing trading platform as Coinsquare,” Processing.com CRO James Bergman said. “As digital currencies increasingly make their way into the mainstream conscious, service providers have a responsibility to ensure the broader public can access the rapidly growing blockchain ecosystem. Processing.com is proud to facilitate fiat currency payments of digital currencies for the general public through Visa and MasterCard transactions.”
Operating on a 100 per cent proprietary system, Coinsquare’s platform is properly guarded from any potential attacks, and holds 98 per cent of assets in cold storage. Processing.com will enable larger numbers of participants to buy and sell altcoins without the need for digital wallets and digital coin conversions.