Forgingblock launches Bitcoin and Credit Card Hybrid Payment Gateway software for merchants
PALO ALTO, Calif. — April 10, 2019— Silicon Valley-based credit card payment solution provider ForgingBlock launched its new payment gateway solution that allows for transactions using cryptocurrency. The hybrid payment gateway also accepts established payment methods such as credit cards, PayPal, and Apple Pay.
ForgingBlock aims to help both large enterprises and small businesses seamlessly integrate advanced payment solutions and also provide software that utilizes advanced technologies such as blockchain, cryptocurrency and big data analysis.
As ForgingBlock is the successor to Tetra Payments, a company also owned by Forging Technologies Inc. that specialized in traditional point-of-sale and credit card payments. They have discovered existing blockchain payment hardware and software were often difficult to learn and implement by small business owners who lacked the technical expertise to implement by themselves. And meanwhile, web developers for merchants may not have experience implementing blockchain transactions. ForgingBlock would provide the technical implementation for cryptocurrency payment to small business, such as restaurants, retail stores, etc.
“Providing complete payment solutions and support to help merchants boost their revenue and reduce distraction from non-core business matters, allowing them to focus on selling their product is always our vision,” Sean Chen, the co-founder of ForgingBlock says. “Developing a Bitcoin and cryptocurrency gateway along with our existing card point-of-sale business will help our customers and developers prepare for the future of payments. In the market, there are no integrated solutions that support both traditional currency and cryptocurrency payment, which we believe will be the future.”
Bobby Ma, the president of ForgingBlock, comments: “Integrating cryptocurrency into our payment solutions is essential because businesses, and e-commerce in particular, operate more and more on a global scale, and cryptocurrencies are becoming convenient and practical for both consumers and merchants. Transactions on the blockchain do not incur excess fees, and we want to provide businesses with the next-generation devices to expand their market.”
ForgingBlock will focus on providing integrated solutions and build infrastructures for developing a community to facilitate the merchants adopting cryptocurrency payment. You can find their more information at the official website at http://forgingblock.io