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How High Risk Merchants Can Benefit from Cryptocurrency Payments

April 26, 2018 5:06 pm Published by

While some payment processors frequently turn down high risk merchants, Aliant is happy to work with a broad network of financial approval networks to provide assurances in accepting them. We work with many high risk merchants in industries including e-cigarettes, gambling, telecom, firearms, travel services, electronics, event tickets, dating websites, adult entertainment, direct marketing, nutraceuticals, web software development, international business, and furniture and jewelry online.

Most high risk merchants are accustomed to dealing with high chargeback rates and lots of fraud. Fortunately for them, alternative payments like cryptocurrency are helping to minimize these headaches. High risk merchants are turning to cryptocurrency payment solutions to enjoy a multitude of benefits that traditional payment methods don’t offer, including:

  • Crypto payments are great for high risk merchants selling big ticket items who are looking for secure transactions, no chargebacks, and lower costs, and no limitations on transaction size.
  • The ability to transfer funds quickly and inexpensively. Say goodbye to domestic and international transfer fees and traditional bank wait times!
  • Simplified payments. Merchants can receive payments from anywhere in the world, from any computer or mobile device, with no foreign exchange fees or currency conversion.
  • No more chargeback fraud and identity theft. With Aliant’s cryptocurrency processing platform, once the transaction hits the blockchain, there’s no reversing it, and no charging it back.
  • A competitive edge. By embracing the rising demand for alternative payments like Bitcoin, Litecoin and Ethereum, merchants gain a competitive edge. It’s also great when catering to a tech-savvy millennial clientele that’s accustomed to digital wallets, Apple Pay, and P2P payments like Venmo.

Aliant is proud to be a highly regarded high risk payment processor. If you’re a high risk business, we are happy to work with you and provide flexible terms and conditions, as well as fair rates. With over 15 years of experience in the payments industry, we can help you run your high risk business effectively while monitoring fraud and chargebacks, and assist in keeping your costs down.

Learn more about Aliant’s high risk merchant services, and here to learn more about our cryptocurrency payment solutions.

 

How High Risk Merchants Can Benefit from Cryptocurrency Payments


Bitcoin, Ethereum And Litecoin Are the Most Popular Cryptocurrencies Among Millennials

April 26, 2018 4:45 pm Published by

Millennials love cryptocurrencies for a variety of reasons- they’re highly accessible, and they offer freedom from the fees, interest rates, and regulations of traditional financial institutions. Young people’s increasing distrust of banks has created a climate that is ideal for the rise of alternative payment options like Bitcoin, Litecoin and other digital currencies, which are secure and put users completely in control. According to Blockchain Capital, 30% of millennials would rather own $1,000 worth of Bitcoin than $1,000 of government bonds or stocks.

In a recent survey by Lendedu, people from different generations were asked how they would invest $10,000. Millennials were more apt than any other generational group to invest the money in cryptocurrencies. According to the survey, 9.19% of millennials would invest in cryptocurrencies while only 4.04% of Gen Xers and only 3.08% of Baby Boomers would.

Also interesting was the type of cryptocurrency that most millennials wanted to invest their $10,000 in. Bitcoin was the most popular cryptocurrency, with 76% saying that they would invest in Bitcoin as compared to other cryptocurrencies. Next was Ethereum (12%) and Litecoin (12%). Surprisingly Ripple, another popular cryptocurrency, did not receive any votes.

How Merchants Can Attract Millennial Customers

We recommend that merchants embrace the rising demand for alternative payment methods by being among the first to accept cryptocurrency payments. Merchants gain a competitive edge when catering to a millennial clientele that’s accustomed to digital wallets, Apple Pay, and P2P payments.

Aliant is excited to be one of the first payment processors to offer its merchants the ability to accept Bitcoin, Ethereum and Litecoin payments. To get started with cryptocurrency payments, apply here!

 

 

Bitcoin, Ethereum And Litecoin Are the Most Popular Cryptocurrency Among Millennials

 

 


Operation Mass Adoption Contest

April 24, 2018 7:28 pm Published by

Crypto fam, we all have the same goal when it comes to cryptocurrency: mass adoption. Whether it’s for financial security, or just being a part of something that will change our world, we have all been doing our part to make cryptocurrency payments an everyday thing.

On that note, we’ve been getting a lot of responses from people who want to be a part of what we are doing at Aliant, and we are blown away by all of the love and support. We need your help to take it to the next level, and we want to make it fun and give back to the people who have already shown us so much love. So here it is-

We’re asking you to go out to your local retailers and local chains, and ask if they accept cryptocurrency payments. We’re talking about bike shops, restaurants, bars, dry cleaners, movie theaters, etc. The list is endless. From there, provide us with the contact information of any executives you know who may be interested in accepting cryptocurrency payments for their brand. These must be legit contacts that an Aliant representative can contact and speak with. For every deal that we close, you’ll be notified and entered in our drawing, which will be held on Monday, June 25, 2018.*

We ask that the brands are mid-level sized businesses, local chains, and privately owned businesses. Don’t send us contacts from giants like McDonalds, Target, Nordstrom, etc. unless you have the direct contact information of the decision maker who would be signing the deal with us. (Basically what we’re saying is that there is not enough time within the dates of this contest to deal with the slow process of partnering with large corporations).

To enter, please send an email to crypto@aliantpayments.com with the following information by June 1, 2018:

  • Your contact’s name, company, phone number and/or email address
  • Your name, phone number and email address

All entries must be submitted to us by June 1, 2018. We will work to close deals as soon as they come in, and we will announce our drawing winners on Monday, June 25, 2018. The first place prize will be 5 Litecoins. The second place prize is 3 Litecoins, and third place is 1 Litecoin.

*For each lead that Aliant closes, you will receive an entry in the drawing box. If your lead has 20 store locations and they all sign up, you will get 20 entries!

Good luck, and may the odds ever be in your favor!

Eric Brown, CEO of Aliant Payment Systems

P.S. Do not email crypto@aliantpayments.com for anything other than contest submissions- we will not reply! Please contact us via DM on Twitter with any questions or concerns.

 

 


Payments News Merchants Need to Know Today

April 11, 2018 8:04 pm Published by

It’s been another wild few weeks here at Aliant- we became the first official Litecoin payment processor, and we continue to sign up new merchants for cryptocurrency payments. But no matter how busy we get, we’ve still got time to round up some of the latest headlines in the world of payment processing and merchant services!

 

Walmart launches global money transfer service

Walmart is pushing further into the financial sector through a service that lets people transfer money from its US stores to 200 countries. Walmart teamed up with Moneygram on Walmart2World, promising simple, low fees and competitive exchange rates. Transfers can be made from 4700 stores and take less than 10 minutes, with the funds delivered to agent locations around the world or into international bank or mobile wallet accounts. Read the full article here.

 

Global mobile wallet users to total 2.1 billion in 2019

Nearly 2.1 billion consumers around the world will use a mobile wallet to make a payment or send money in 2019, up nearly 30% from 1.6 billion recorded at the end of 2017, according to a new study. Read the full article here.

 

Sears, Delta Air Lines Hit in New Data Breach

A data breach at an online customer services vendor may have exposed the credit card information of hundreds of thousands of customers at Delta Air Lines and Sears. Read the full article here.

 

Amazon reportedly taking on Venmo in peer-to-peer payments

Amazon is reportedly working on a P2P payment capability that could be used in combination with its Alexa virtual assistant. Read the full article here.

 

Aliant Payment Systems Announces Partnership with the Litecoin Foundation

Aliant announced that it has entered into a partnership with the Litecoin Foundation, a non-profit organization whose mission is to advance Litecoin by developing and promoting state-of-the-art blockchain technologies. Aliant is the first to complete the Litecoin Foundation’s registration process, making the company the first official Litecoin payment processor. Read the full article here.

 

 


5 Benefits of Accepting Multiple Payment Options

April 10, 2018 7:15 am Published by

Paying for things used to be as simple as handing over a nickel for a pail of milk. Today, however, consumers are used to more sophisticated payment options, and it’s a merchant’s job to provide them, and make the payment process as fast and easy as possible. Here are the benefits of giving customers options on different ways to pay.

1. Attract New Customers
This is especially important if your target market skews to the 18-to-49 demographic. If you only offer outdated payment methods, young customers are going to assume that your brand is outdated as well.

Embrace the rising demand for alternative payment methods by being among the first to accept cryptocurrency payments. Offering alternative payment methods helps merchants gain a competitive edge when catering to a millennial clientele that’s accustomed to digital wallets, Apple Pay, and P2P payments.

2. Retain Current Customers
Young people aren’t the only ones who can see the value in things like ACH and cryptocurrency payments. If you’ve noticed that a lot of your existing customers have been asking about a certain payment method, consider giving them what they want. If you don’t, they might take their business to a company that’s more willing to accommodate them.

3. Increase Your Independence
When you rely on a single payment method, you’re at the mercy of the banks and systems that move it. Offering more payment options can stop you from relying on just one or two sources like this, and the self-sufficiency of the action will be a big step forward for you as a business owner.

4. Lower Your Overhead
There’s not much that you can do about the processing fees of your only payment method. If you utilize multiple payment methods, however, you can start to cull the ones that are too expensive for you. The end result will be less spent on processing fees as a whole.

5. Improve Your Sales
It’s a nightmare scenario for business owners, but it happens all the time: Customers reach the checkout process with a full cart only to realize that they can’t pay with their preferred method. In an instant, you’ve lost the sale. How are you going to prevent this from happening in the future?

From wire transfers to crypto payments, the financial landscape of the world is always evolving. If you don’t want your business to be left in the dust, it’s time to adapt your payment methods to changing times.

Aliant is excited to be one of the first payment processors to offer its merchants the ability to accept Bitcoin, Ethereum and Litecoin payments. To get started with crypto payments, apply here!

 

5 Benefits of Accepting Multiple Payment Options


Aliant Payment Systems Announces Partnership with the Litecoin Foundation

April 5, 2018 7:38 am Published by

Aliant Payment Systems is excited to announce that it has entered into a partnership with the Litecoin Foundation, a non-profit organization whose mission is to advance Litecoin by developing and promoting state-of-the-art blockchain technologies. Aliant is the first to complete the Litecoin Foundation’s registration process, making the company the first official Litecoin payment processor.

This partnership allows the Litecoin Foundation to provide merchants who inquire about cryptocurrency payments with a processor that has been vetted and approved. A 15-year veteran in the payments industry, Aliant is one of the only processing companies to offer cryptocurrency capabilities in e-commerce, retail and mobile environments. As merchants reach out to the Litecoin Foundation to inquire about how they can accept Litecoin, the foundation will refer them to Aliant.

“We are thrilled to be partnering with the Litecoin Foundation to bring a trusted, stable solution to innovative merchants who are interested in adopting cryptocurrency payments,” said Aliant CEO Eric Brown. “We look forward to working together to bring Litecoin payments to mass adoption.”

“The Litecoin Foundation is pleased to partner with Aliant Payment Systems for Litecoin payment processing. Aliant offers a well-rounded solution for merchants to accept Litecoin easily with physical point of sales terminal (via Poynt), virtual sales terminal, and custom API integration,” said Charlie Lee, Managing Director of the Litecoin Foundation. “Merchants also have the flexibility to keep the payments they recieve in LTC or convert them immediately into fiat currency.”

For more information, please contact casey(at)aliantpayments.com.