SpotOn partners with company Vaultbank for crypto payments

SpotOn the US-based payment processor with over 100,000 merchants will soon include crypto payments with number of digital currencies like Bitcoin Core, Ether and Ripple among others. The customers can pay in digital currency and merchants can choose to almost instantaneously convert crypto payments to fiat, or hold them in digital form.

The post SpotOn partners with company Vaultbank for crypto payments appeared first on Incrypts.

SpotOn partners with company Vaultbank for crypto payments

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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