AloGateway adds Dash to payment solution that supports China Union Pay and Leading Credit Cards
Manila, Philippines — June 20, 2018 — Dash, the top digital currency for payments, has announced a partnership with AloGateway, a global payment processor which facilitates over 100,000 transactions per day. Through the partnership, merchants around the world can now send, receive, and hold Dash and other major cryptocurrencies, including bitcoin and ether, in their AloGateway wallets.
AloGateway is the one of the largest payment processors in Asia, offering a payment solution for China Union Pay (CUP), an association for China’s banking card industry operating under the approval of the People’s Bank of China. AloGateway is also a fully Payment Card Industry (PCI) compliant Internet Payment Service Provider (iPSP) that can acquire and settle Visa and MasterCard transactions around the world in almost every major traded currency. AloGateway serves a number of industries including travel, hospitality, entertainment, retail, healthcare, and gaming.
“This is an exciting next step for Dash as AloGateway is already a recognized and well-respected solution for networks like China Union Pay. As one of the largest payment processors in Asia, AloGateway is a key partner for Dash as we look to continue the expansion of our global network, particularly in Asia and other crypto-heavy regions,” said Ryan Taylor, CEO of Dash Core.
“We had a number of reasons for choosing Dash as one of first digital assets we offer on our platform. First, Dash has among the lowest fees and fastest transactions of any blockchain network,” said Sherwin Quiambao, CEO of Alogateway.
“Dash also has an active community, particularly in parts of Asia and Europe where we are seeing a lot of potential for growth.”
The new support for digital assets is made possible through AloGateway and Dash’s partnership with BlockCypher, which specializes in blockchain solutions and blockchain agnostic products. BlockCypher’s architecture makes it easier for companies and users to interact with several cryptocurrencies through one solution.
Karen Hsu, Head of Growth at BlockCyper, said:
“We are looking forward to helping AloGateway expand its adoption of blockchain technology. AloGateway is leading B2B payments in Asia by providing merchants with the choice and flexibility to transact in fiat, Dash and other digital assets such as Bitcoin, Litecoin, Ether.”
Dash is the leading e-commerce and payments-focused digital currency, and the rising alternative to bitcoin. With over 1000% year over year growth in both value and trading volume since 2015, Dash has been consistently ranked in the top ten digital currencies by market capitalization and only one of the few offering safe, decentralized financial solutions to real world problems. Dash offers a form of money that is portable, inexpensive, divisible, and fast. It can be spent easily and instantly online at merchants across the globe, at much lower fees than credit and debit cards. With over 50 members on the development team and a unique blockchain mining and treasury model, Dash is the only major self-funded, self-governed organization in the cryptocurrency industry. This allows for constant development and funding for the entire project so community members can upload and vote on proposals, and if they are approved, they are paid for directly from the blockchain. Dash plans to unveil their landmark product Dash Evolution, the industry’s first easy to use decentralized payments platform in 2018.
BlockCypher is a cloud-optimized platform powering blockchain applications reliably and at-scale. BlockCypher’s web services are blockchain agnostic and greatly reduce the complexity of building applications that run on multiple blockchains. Easily build, run and future proof blockchain applications on BlockCypher’s infrastructure.