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Coinify Pairs with iPayDNA to Expand Multi-Coin Payment in Asia

Danish cryptocurrency payment service provider Coinify and Hong Kong-based payment processor iPayDNA have formed a partnership that will bring blockchain payments to merchant customers in Asia.

Partnering with iPayDNA is part of Coinify’s recently revealed effort to expand in the Asian market. The new payment service agreement permits Coinify to extend their blockchain merchant processing solution distribution channel throughout the Asia Pacific region where iPayDNA holds a dominant position.

Morten Bebe, Sales Manager at Coinify, said:

“We are thrilled about teaming up with iPayDNA. Being a company native to the Asia Pacific region, they have the best understanding of local merchants needs and at the same time being a company with an international mindset, they perfectly match the qualities we look for in our business partners.”

Guan Seow, Managing Director of iPayDNA, commented regarding the new partnership:

“Our value proposition is to serve as a one stop center for online merchants by offering them the most card and non-card payment options. By adding a broad selection of the most popular blockchain currencies via Coinify, our merchants can further benefit from this variety. All iPayDNA’s customers, who are open to embrace blockchain currencies as their new alternative payment methods, can do so now, safely and with ease.”

The new partnership enables iPayDNA’s merchants to accept 17 blockchain-based currencies including bitcoin from any country in a secure environment and receive payouts in local currency to their bank accounts within days.

Founded in 2004, iPayDNA a privately owned compliant PSP linked to numerous banks around the world to provide credit and debit card like Visa, Master, JCB & China Union Pay (CUP) and non-card payment processing services to Internet merchants for various industry like General Ecommerce, Classified Advertisement, Gaming, Forex, File Sharing, Nutra, and Travel.

Journalist, policy analyst, and evangelist of new, disruptive technologies including big data analytics, Internet of Things, and cryptocurrencies. Internet industry veteran with regional c-suite experience, and journalist credentials earned at internet.com, Internet World magazine, and Mecklermedia Corporation.
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