You've been redirected from MobilePaymentsToday.com to PaymentsDive.com. In March 2021, Mobile Payments Today became a part of Payments Dive. For the latest payments news, sign up for the daily newsletter.

GoCoin to process digital currency transactions for Apriva

Strategic technology partnership allows Apriva resellers to offer merchants Bitcoin, Litecoin and Dogecoin acceptance.

Apriva, a provider of secure end-to-end wireless transaction and information products, today announced a strategic technology partnership with GoCoin to process digital currencies such as Bitcoin, Litecoin and Dogecoin for Apriva's 1,000-plus channel partners. GoCoin is the first payment gateway product designed from the ground up to support both Bitcoin and emerging alt-coins at checkout, according to the announcement.

"As the payments industry evolves, we want to empower merchants by giving their consumers the option to use the latest payment forms for their purchases," Steve Beauregard, founder and CEO of GoCoin, said in a statement. "Our partnership will enable Apriva's resellers and ISVs to provide their merchants the most comprehensive selection of payment options offered today."

The GoCoin partnership enables Apriva's reseller base to provide their merchants the ability to safely accept digital currencies without taking on market volatility, according to the press release. Merchants can keep the coins or immediately trade all or part of them at the current market rate. GoCoin assumes all risk during the exchange.

"Digital currencies are another driver of change within the payments industry and quickly gaining in interest from consumers. Our customers rely on us to be at the forefront of innovation so they can differentiate themselves and take advantage of new opportunities to meet their consumer needs," Chris Spinella, Apriva's CEO, said in a statement. "GoCoin's technology platform is an ideal complement to the Apriva Gateway, providing us with the ability to support current digital currencies, and emerging currencies as well."