Cryptocurrency Dash has joined forces with payment processor AloGateway to enable AloGateway traders across the world hold, send, and receive the crytocurrency.
In addition to Dash, merchants can also trade other virtual currencies such as Bitcoin and Ether, in their AloGateway wallets.
Commenting on the partnership, Dash Core CEO Ryan Taylor said: “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.”
The latest move is supported by blockchain web services provider BlockCypher.
Alogateway CEO Sherwin Quiambao said: “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.
“Dash also has an active community, particularly in parts of Asia and Europe where we are seeing a lot of potential for growth.”
AloGateway offers a payment solution for China UnionPay (CUP), as well as serves as a payment card industry compliant internet payment service provider to facilitate acquisition and settlement of Visa and MasterCard transactions. The payment processor currently supports more than 100,000 transactions daily.