Snapcard Partners With Alpha Payments Cloud to Boost Bitcoin Acceptance

Snapcard, a payments processor and digital wallet service provider, is teaming up with Alpha Payments Cloud to provide AlphaHub users with the option to accept bitcoin. The partnership could help foster the adoption of the digital currency for both merchants and consumers.

Alpha Payments Cloud is the latest company to join Snapcard’s growing client base of over 4,000 members. The new offering is designed to leverage the targeted demographic of an estimated seven million bitcoin users around the world.

Through the AlphaHub API, individuals can use several integration features that come with the payments option. There are no setup or monthly subscription fees for merchants. Instead, Snapcard will be charging 0.5 percent per transaction.

“The AlphaHub API connects banks and merchants to more than 100 white-label solutions like gateways, alternative payments, ID verification, chargeback management- we’re excited to work with Snapcard to help our clients capture the added-value of accepting global alternative payments like Bitcoin,” said Rónán Gallagher, Chief Product Officer at Alpha Payments Cloud.

The San Francisco-based payments processor is deploying a range of educational tools for individuals who are interested in utilizing the new feature. AlphaHub users have access to a comprehensive knowledge hub, training and learning sessions. A dedicated referral page is also available.

“We pride ourselves in customer service and understand that with a new payment method like Bitcoin, it’s important to stay involved in the educational process,” highlighted Michael Dunworth, CEO of Snapcard.

“Alpha is known for its innovative initiatives in the payment space- with this partnership, we’re looking forward to bringing a beautiful line of Bitcoin products to Alpha’s clients.”

In addition to Alpha Payments Cloud, the company recently partnered with Ifeelgoods, a company that specializes in digital gift and reward programs.