Chicago-based merchant services and payment processing company Payroc has partnered with cryptocurrency platform Ethos.io to create a digital currency merchant payment processing service. Soon, merchant websites linked to Payroc will have a “Pay with Crypto” button available to customers as the Ethos Bedrock platform integrates with Payroc’s payment gateway platform.
“We’re excited about partnering with Ethos as it brings together the traditional payments world Payroc operates in with new digital currencies. Our merchants will be able to accept payments via traditional credit cards, ACH, PayPal and now popular cryptocurrencies,” added Poulson. “We have been tracking Ethos for quite some time. Their commitment and vision of bringing the benefits of blockchain technology to the mass market aligns with Payroc’s culture of innovation, trust and stability.”
Merchants signed with Payroc will be able to provide customers with the opportunity to pay from mobile devices in cryptocurrency with Ethos Universal Wallet, an easy-to-use, and decentralized self-storage that keeps cryptos secure on the blockchain. Payroc’s merchants will also enjoy instant crypto payments and settlement made directly from consumer crypto wallets, plus immutable transactions with no chargeback risk.
