Ingenico Group provides the security and the trust factor that you need in dealing with the payments and peoples payment information, merchants and consumers."
Bitpay is the largest processor of bitcoin in the world. Bitcoin is kind of a new currency just having been created in the last 4 to 5 years and it’s a way to adapt to a new customer base and also there is very little interchange fee, transaction fees, so it’s a great saving for the merchants as well. So we are going to be launching in a couple months with Ingenico the ability with the Ingenico terminals to accept bitcoin payments so we are really excited about that and it’s really a new cutting edge technology Ingenico is going to be providing. We sought out Ingenico as a partner because Ingenico is one of the leading brands in the space, they are in about 125 countries I believe and in the payments world you want to work with trusted brands that consumers and merchants respect and work with. You know again it’s about Ingenico provides the security and the trust factor that you need in dealing with the payments and peoples payment information, merchants and consumers.