Debt Collection Firm CIS Now Accepts Bitcoin for B2B Repayments
Corporate Intelligence Services said it launched the new repayment option to provide a better service to its "clientele."
Updated May 9, 2023 at 3:15 a.m. UTC
Corporate Intelligence Services (CIS) is now accepting bitcoin as an additional form of payment in its commercial debt collections division.
- CIS, which has offices in Concord, N.H., and Atlanta, said it introduced the bitcoin options because it wants to use cutting-edge technologies to offer its "clientele" a better service.
- "Bitcoin has become more and more accepted as a form of payment [and] has several advantages over checks and credit cards,” said Roger Barter, the co-owner of CIS.
- “Transactions are instantly verifiable and are peer-to-peer without a third-party facilitator. [Peer-to-peer] transactions have significantly lower transaction fees,” he said.