Alternet Systems Launches Worldwide Bitcoin Payment Processing Business


Alternet Systems Bitcoin Payment Processing Business

In a press release, Alternet Systems has announced that its subsidiary Alternet Payment Solutions (APS) launched its worldwide Bitcoin payment processing business for clients. The announcement says that the APS accomplished this through a strategic channel partner agreement with BitPay, a leading Bitcoin payment processor.

According to the report APS entered into a non-exclusive agreement to sell and support the BitPay platform into Alternet’s customer base and use Alternet’s experience in the mobile and disruptive payments technology industry. The company says that it will focus on providing Bitcoin payment methods for business to business purposes.

Worldwide Customers at the Target of the Company

Informing the media the company says that its services will include converting local currency to Bitcoin and/or Bitcoin to USD in the Americas, Caribbean and Asia-Pacific. A range of options are being offered with regards to payment processing to clients. CEO of Alternet Systems, Henryk Dabrowski admitted that the ambitious partnership will payback dividends.

He admitted that Alternet is providing the next generation digital currency and payment ecosystem focused on three distinct segments of the marketplace e.g. comprehensive currency processing, identification and transmission. According to him the strategic agreement with BitPay will allow the company to initiate sales process with several potential clients in Latin America and the Asia-Pacific region.

Talking to media professionals Henryk Dabrowski said that his company believes that its backlog of opportunities will continue to grow globally, and it will generate the first revenues from this business in the fourth quarter of 2014. According to him with Alternet’s experience a lot of things can be learned in long run.

The Experience of the Company will help in Operations

He said that as the company has comprehensive experience in disruptive payment technologies and a network that spans many countries that contain leading mobile operators, financial service providers and banks; it will rapidly deploy BitPay’s solutions in these markets. Thus, the decision is expected to broaden its global service offering related to facilitating transactions beyond utilizing Ven.

Henryk Dabrowski admitted that he knows that with the BitPay partnership, Alternet is now able to offer a Bitcoin payment option to its customers as well. Also, according to him this shows that companies are demanding to use Bitcoin not just for online but offline transaction as well, which is a great sign. He said getting Bitcoin into the B2B world is another major step.

To contact the reporter of this story: Deepak Tiwari at