Canada-based mobile payments company glance Technologies INC. has added support for Bitcoin (BTC) as a payment technique, according a press release revealed November. 29.
The firm’s release states that the new feature, dubbed “Pay With Bitcoin,” permits users “to try their cryptocurrency wallet with their glance Pay account, then purchase glance bucks with Bitcoin.” The in-house currency will then reportedly be spent at merchants, that use Glance’s system to simply accept payments.
As the release claims, using their in-house token as a intermediary currency for payments “enabl[es] lightning-fast payments.”
Desmond griffin, the chief executive officer at glance Technologies, underlined within the release that the corporate focuses on the constant development of the payment business “to guarantee our platform is at the forefront of technology.” He additionally added:
“Pay With Bitcoin permits glance users to unlock the worth of their crypto assets to be used in their everyday lives whereas seamlessly opening up a brand new fashionable payment technique for merchants.”
Major Canadian jewellery manufacturer and merchandiser Birks group has additionally recently begun acceptive Bitcoin, via a partnership with U.S. crypto payment processor BitPay.
Earlier in the week, CT reportable that the U.S. state of Ohio is poised to become the primary state to simply accept Bitcoin as tax payment – conjointly reportedly via BitPay. the choice will initially be obtainable to businesses only, eventually opening up to individual filers.
Bitcoin is presently trading at $4,278, up simply a fraction of a percent over the past 24 hours to press time.
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