Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership
Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments.
As per the announcement, the newly launched product is called Crypto Accept. It allows online sellers to accept (BTC) and (ETH) before expanding to other digital assets in 2023. Payments are sent to internet merchants’ accounts in U.S. dollars or other fiat currencies the next business day, allowing vendors to expand their market and enhance their online payment experiences while avoiding price volatility.