Readers may remember back in March when the Bitcoin payment processor, Bitnet, partnered with Cardinal Commerce to add Bitcoin payment as an option to hundreds of recognizable brands.
Bitnet is a company that aims to do the same thing that some in the Bitcoin space are doing already, but better. Through creating partnerships with traditional merchant payment service providers, the company is trying to position itself in a way that it will be the default option for many who may not yet have considered plan B. By simply having to tick an option with their existing platform instead of adding in a whole new system to process Bitcoin payments, merchants are not only more likely to implement acceptance but are also more likely to go with the option that is as easy as that.
Also read: Bitnet Partners With Cardinal Commerce
Its most recent partnership is with Computop, a veteran payment services provider with such clients as Vodafone.