CoinPayments forms strategic partnership with Ovvi to fuel wider adoption of crypto

By Pavithra R

CoinPayments, a cryptocurrency payment solution provider, has announced that the company has entered into a strategic partnership with Ovvi, a leading point-of-sale (POS) technology company.

The partnership will further enable the use of crypto payments for in-store transactions across industries and falls in line with both companies’ mission to fuel wider adoption of digital currency payments.

“This partnership with Ovvi is a step in the right direction for the payments industry. By bringing our easy-to-use global crypto payments platform together with Ovvi’s rich POS technology, we look forward to delivering a smooth process for anyone looking to accept cryptocurrencies as a form of payment at point of sale,” said CoinPayments CEO Jason Butcher.

Founded in 2012, Ovvi is a provider of innovative technology to the hospitality and retail industries. It specializes in complete POS systems and POS software to meet the needs of diverse business environments. Its merchant network comprises restaurants, bars as well as retail, liquor, convenience, and grocery stores.  Its POS hardware, software and payment processing solutions, are compatible with over 10 payment processors like First Data, TSYS, Global Payments, Worldpay, and many more. The alliance will enable merchants across industries and their customers to benefit from seamless, low-cost, in-store crypto payments.

“With the cryptocurrency market growing, there is a rising demand for solutions for these payments. Restaurants and retailers must have solutions to accept cryptocurrency. This integration with CoinPayments is a step into the future of payments. The user-friendly platform is another great step in providing our customers with a state-of-the-art POS system,” said Ovvi CEO, Manan Mehta.

Founded in 2013, CoinPayments is a digital currency payment solution allowing merchants to accept Bitcoin and over 1700 altcoins in their store through easy to use plugins, APIs and POS interfaces.