Heartland Payment Systems, the fifth largest payment processor in the US, has signed an agreement with BitPay that will find the company referring customers to its platform.
Statements by the companies indicate that Heartland will seek to identify businesses and organisations that may benefit from the bitcoin payment processor’s services, then referring them to the BitPay team for more information.
The news marks the second such referral agreement now in place between BitPay and a major US payments processor following an August agreement with electronic transactions processor Global Payments.
Disclaimer: CoinDesk founder Shakil Khan is an investor in BitPay.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.