Aliant Payment Systems Now Offers Litecoin Payment Solution to Merchants
Aliant Payment Systems, a U.S. based provider of merchant services and credit card processing, announced today that it is now offering its merchants the ability to accept Litecoin payments. Aliant became one of the first payment processors to offer a Bitcoin solution to merchants in Q3 2017, with an Ethereum solution following in Q4 2017.
“Our merchants look to us for innovative ways to transfer money safely, securely, and cost-effectively. Cryptocurrency allows us to move money in all of these ways, while also offering consumers more payment options,” said Aliant CEO Eric Brown. “We expect Litecoin to emerge as a prominent everyday payment option. Pay with Litecoin at restaurants, bars, gas stations, coffee shops, and other places that you go regularly.”
Aliant partnered with Vancouver-based NetCents Technology Inc. to build out the processing platform and offer their crypto portfolio to Aliant’s existing merchant base, as well as new clients. Despite feedback regarding a variety of coins, Aliant chose to add Ethereum and Litecoin because they are established, well-known, and stable.
While Bitcoin payments are more commonly seen on bigger ticket items, Aliant expects the higher number of Litecoins to make it more attractive to buy small-ticket items using the cryptocurrency. Another attractive Litecoin feature is its SegWit upgrade, which helps to boost the capacity of its blockchain, while speeding up settlement times and lowering transaction costs.
“We explained to the NetCents team what we felt a merchant needed to see on the platform, and their CTO, Medhi Mehrtash, was the engineer who made it happen, said Brown. “His team customized the platform based on the specs we provided, and now we look forward to showing our merchants what digital currency can do for online payments.”
“NetCents views the agreement with Aliant as more of a partnership rather than a supplier for services agreement,” said NetCents CEO Clayton Moore. “We believe that Aliant shares our vision of the evolving digital payment space and their strategy for introducing digital payments is in line with ours.”
In addition to bringing a cryptocurrency solution to e-commerce merchants, Aliant offers a retail solution via the Poynt terminal. Chosen for its developer-friendly technology, Aliant added its cryptocurrency widget directly to the Poynt terminal, allowing its merchants and customers the ability to conduct cryptocurrency transactions at the point of sale.
For more information, please contact Casey Kurlander at casey(at)aliantpayments.com.
About Aliant Payment Systems
Aliant Payment Systems is a Fort Lauderdale, Florida-based credit card processing and independent merchant services provider that has worked with businesses of all sizes for over 15 years. Aliant Payment Systems enables brick-and-mortar, e-commerce and mobile vendors worldwide to accept various payment forms, and it provides a complete line of credit card machines, ATMs and payment technology. To learn more about Aliant Payment Systems, please visit http://www.aliantpayments.com.
NetCents is a next-generation online payment processing platform, offering consumers and merchants online services for managing electronic payments. The company is focused on capturing the migration from cash to digital currency by utilizing innovative blockchain technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online. NetCents Technology is integrated into the Automated Clearing House (“ACH”) and is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy. NetCents is available for deposits from 194 countries around the world, providing you with the freedom to choose to Pay. Your Way.™