Denmark’s Coinify ApS and Bitcoin Vietnam have entered into a strategic partnership that will bring advanced blockchain merchant processing tools to contribute to the maturation of infant fintech market in the south east Asian country.
Payments through a total of 17 blockchain currencies will be automatically converted to the Vietnamese Dong and paid out on a regular basis. Merchants can thus offer more payment options to their customers, while enjoying a “fraud and risk-free payment environment,” the companies said in a joint release.