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.
Credit card image via Shutterstock
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish, a cryptocurrency exchange, which in turn is owned by Block.one, a firm with interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets including bitcoin and EOS. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.