Leading crypto innovators select i2c to power global payments
By Pavithra R
i2c, a leading provider of digital payment and open banking technology, has announced a string of wins and product launches for some of the innovators in the cryptocurrency payments space, including Apto Payments, Crypto.com, NetCents and Wirex.
“From day one, we wanted to push the envelope. We set out to democratize card issuance and empower any company, of any size, in any industry, to design and launch new kinds of card programs. We needed a processor with great reliability and uptime, and i2c has been that for us. Not only was i2c comfortable helping us bring a crypto-based program to life, but we also knew they would be dependable given their work with many large banks,” said Mike McCarthy, Head of Business Development, Apto Payments which launched the first U.S., bitcoin-backed, debit card.
The cryptocurrency payments space is really taking off. Notable among the imaginative cases is a consistent pattern of execution that prioritizes global scalability, unprecedented speed to market, and accelerated innovation cycles, signalling what may be in store for the future of payments.
“Decades of working, the industry tell me these companies are leading the way forward. Beyond being excited for having been chosen a partner by these genuine innovators, we’re astounded by the way they embody the maxims that so many in the industry espouse, and so few actually live up to,” said Jim McCarthy, President at i2c Inc and a key figure in the payments industry.
The combination of the companies and their projects represent cryptocurrency’s steady ascent to the mainstream and sheds light on why so many large players are entering the game and why these organizations increasingly see themselves as payments companies.
“We’re an innovative payments company, bringing digital currency to a digital world. Over the past two years, we’ve brought cryptocurrency payments for merchants mainstream and grown our processing volume to over 5 million per month. Now we are ready to do the same for users, and the way for us to remain leaders in our industry is by working with market leaders and innovators like i2c. When looking for a partner who was able to both deliver global scale and a product that was flexible enough for our customized requirements, i2c was the obvious choice when selecting our partner,” said Clayton Moore, Chief Executive Officer of NetCents Technology.
“Crypto is a global proposition, so we were looking for a processor who had experience with multi-currency programs and global reach. I2c has everything we need to build a flexible product with the desired reach,” said Pavel Matveev, co-founder and co-CEO of Wirex.
Recently, i2c & Purewrist partnered to offer wearable solutions for contactless payments.
Established since 2001, i2c provides smarter payments and integrated commerce solutions which enable financial institutions to deliver high impact, personalized consumer experiences. Its SaaS platform which has advanced building “block processing” technology at its core provides credit, debit and prepaid solutions to financial services organizations.
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