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Friday, May 19, 2017

Bitcoin, Dash Payments Could Soon Cover 80% Of Ukraine Merchant Terminals

Bitcoin, Dash Payments Could Soon Cover 80% Of Ukraine Merchant Terminals

A project aiming to introduce Bitcoin and Dash payments across the Ukrainian retail sector has gained over $20,000 funding.

The as yet unnamed initiative, which began as a proposal on the Dash Central platform, now has 255 Dash ($21,500) at its disposal and has partnered with backend clients to make consumer payments possible.

In a progress update, developers pointed to a need for an alternative merchant scheme in Ukraine as extant operators such as Bitpay are not best suited to merchants’ financial situations.

“The problem with that is a limited number of fiat currencies that are supported there,” developers write. “Yes, they have dollars and euros but there are so much more different (sic) local fiat currencies in this world.”

Full story at http://bit.ly/2qAj6Q6

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