MIAMI — Diversified FinTech holding company GH Capital has announced that its online payment service subsidiary, ClickDirectPay, has expanded its cryptocurrency payment solution offerings to include support for Monero, Dash, Zcash, and Verge.
The addition of these coins brings the total support of ClickDirectPay to eight cryptocurrencies, allowing businesses to scale their reach in accepting payments.
According to the company, following an expected trend from the past four years, cryptocurrency activity and markets are on the rise again since the beginning of April, with ClickDirectPay focusing on adding cryptocurrencies that are used for payments and commerce, such as these four new additions that are focused on utility rather than just used as a store of value.
“Monero is recognized for its extreme privacy and being untraceable through its ring signatures, confidential transactions, and stealth addresses. Dash is recognized for its cheap fees and fast transactions in a more structured environment where consensus and rules are established quicker,” explains a ClickDirectPay spokesperson. “Zcash is also recognized for being untraceable by shielding transactions to hide the sender, recipient and value on the blockchain, [while] Verge recently executed a partnership with Pornhub, which demonstrates its value for utility in the adult entertainment industry.”
When a business decides to accept cryptocurrencies, as part of the process, they typically will be required to open a wallet account that supports each and every type of coin.
“With ClickDirectPay, businesses never have to worry about opening wallets in numerous locations. With one single account, a business can be on-boarded and begin accepting all supported coins offered today, and in the future,” the spokesperson adds. “The more payment options offered, the better chance a business can attract a wider audience, cut business costs and ensure your business and your customers are secure in the age of digital security breach.”
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