Which Payment Processor Could Likely Adopt Verge? April 17, 2018 April 17, 2018 Petar Markoski
NewsApril 17, 2018 by Petar Markoski

Which Payment Processor Could Likely Adopt Verge?

Verge (XVG) had been a subject of controversy in the recent past. The cryptocurrency rallied from less than 3 cents to hit a high of 10 cents in a month. However, skeptics stamped the team behind Verge as scammers when it transferred a huge portion of the 75 million XVG raised through crowdfunding in a matter of five days. Nearly 90% of the crowdfunding was contributed by TokenPay. Doubts were fueled when the Verge team postponed the announcement of a big partnership it promised to reveal soon after a successful funding. The team is expected to reveal the name of the mystery partner on April 17 at 10 am EST via a press release. However, going by the latest blog post by Verge, many crypto enthusiasts believe that it could be Adyen.

Stan Faas, Verge currency core team member and official web developer of Verge, has stated in a blog post that the team received an offer to adopt Verge to their business about a month and a half ago. The prospects, according to Stan Faas, was so exciting that they accepted it immediately as it has the potential to become one of the biggest adoptions in the cryptocurrency industry.

According to Faas, the mystery partner “owns one of the largest payment processors on the internet with several hundreds of businesses routing their payment traffic through them.”

The payment processor, with whom Verge is joining hands, will support the cryptocurrency by “rolling out a global marketing campaign with continuous marketing effort throughout the year.”

So, going by the blog post, we could list out the possible payment processors.

Stripe has stopped accepting BTC. There is a high probability that it could be Adyen. Nevertheless, the Verge community is anxiously waiting for the announcement to be made in a few hours from now.

AuthorPetar Markoski

Petar has spent the last few years following rise of cyptocurrencies, lending insights to the potential icos coming to market as well as how current currencies are operating. Petar background is in the finance sector and is a banker by trader so money is always on the mind.

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