Bitcoin Press Release: $PAC and Crypto Payment Network (CPN) through their strategic partnership are pleased to announce that Domino’s Pizza and Caribou Coffee will be accepting $PAC via the $PAC debit card. This will begin to bridge the gap for customers to merchant transactions of digital assets. There are several fortune 500 companies already signed up with the CPN network, Domino’s Pizza and Caribou Coffee being the only partners we are permitted to announce at this time.
August 30th, 2018. London, UK. CPN is a cryptocurrency payment network, whereby a merchant will be able to accept cryptocurrency and receive cash (USD or Euros) via ACH/SEPA transfer, while the consumer enjoys the convenience of paying with $PAC. CPN is working towards payment Card Industry Data Security Standard (PCI DSS) compliance, which would allow $PAC debit cards to become usable anywhere that traditional bank cards such as VISA and Mastercard can be used.
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Bridging the Gap
The biggest hurdle for merchants accepting digital assets is market volatility. They need to be able to predict expenses, pay employees, pay taxes, and make purchase orders well in advance, so converting crypto to fiat immediately to hedge against losses from market fluctuations is essential. This partnership is the bridge between $PAC and fiat, making it an easy road for merchants to accept $PAC as a regular currency.
Brad Marsh, $PAC CMO commented:
“By design, $PAC was created to be a spendable, transaction-focused digital currency. It features near zero transaction fees and instant cross border transfer speeds. These key features combined with the CPN network will make $PAC a market leader for full scale retailer adoption. This latest partnership proves that $PAC is serious about its commitment to consumer satisfaction and its expanded adoption potential.”
Jeff Manuel, CEO, CPN also stated:
“The integration of such a large restaurant chain is always a challenge and will be incorporated over the next few quarters. We look forward to a long lasting and profitable relationship with the leading pizza restaurant. CPN card holders will soon be buying pizza at Domino’s with their $PAC card and will be enjoying many more benefits in the near future.”
More Strategic Partnerships on the Horizon
We would like to thank CPN for this partnership. Please stay tuned as more companies will be released soon by CPN. For further information about CPN please visit https://cpnetwork.io. For further information of this partnership, please check out our latest blog post at https://blog.paccoin.net.
Get hold of $PAC here: https://paccoin.net/exchanges/
$PAC is the successor of PAC coin (PACcoin) via a community rebrand and relaunch.
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Name: Christopher Martin
Email: [email protected]
$PAC is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.
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