Optimal Payments, BitPay Partner to Offer Bitcoin Exchange Services to Neteller Customers

London-listed Optimal Payments Plc (LSE AIM: OPAY), a global online payment solutions provider, now allows customers to use Bitcoin to top up their Neteller accounts.

This follows the forming of a partnership between Optimal Payments and Bitcoin payment giant BitPay.

Through the agreement, Neteller customers will now be able to top up their accounts by exchanging Bitcoin into one of the currencies offered by Neteller.

Joel Leonoff, president and CEO of Optimal Payments, commented:

Neteller already provides merchants and customers a broad and diverse set of online payment options and the addition of Bitcoin gives them another valuable payment method to help convert more transactions. We recognise the important role that crypto-currencies play in the future of payments and we look forward to working with BitPay as the acceptance rate grows.

Sonny Singh, BitPay’s COO, added:

Bitcoin’s popularity is growing rapidly and has established itself as the most secure, most widely accepted digital currency. This relationship with Optimal Payments will help us to drive merchant acceptance on a global scale.

For over a decade, the Neteller stored value service has provided businesses and individuals with a way to move money online. As a large independent money transfer businesses, it processes billions of dollars’ worth of transactions each year.

Writes for Asia Tech Media Limited's publications, and Experienced blogger and freelance IT/business writer for Chinese and English magazines and newspapers. Studied journalism at Indiana University Bloomington.
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