Payment solution provider Global Payments Inc. announced that it has signed a referral agreement with BitPay that will allow Global Payments to incorporate cryptocurrency into its product suite and to offer bitcoin payment acceptance to its worldwide merchants.

“We focus on delivering innovative products and services to our global customer base, and this relationship provides us the ability to offer our merchants an integrated digital currency payment choice,” said David Mangum, President and Chief Operating Officer for Global Payments. “We are pleased to partner with BitPay to provide next-generation payment solutions to our customers.”

“This partnership with Global Payments allows e-commerce and retail merchants to easily accept bitcoin payments,” said Tony Gallippi, BitPay’s Co-founder and Executive Chairman. “The cross-border demands of global merchants present a great opportunity for bitcoin acceptance and will allow us to reach more customers in emerging markets.”