CoinPayments and Quid POS team up to empower micro-businesses with crypto payments

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CoinPayments, a cryptocurrency payment solutions provider, announced the strategic product integration with Quid POS, a developer of innovative point-of-sale (POS) business solutions for small businesses.

Through the integration, Quid POS merchants can now accept crypto payments in-store, providing financial access for small businesses.

Founded in 2013, CoinPayments is a digital currency payment solution that enables merchants to accept Bitcoin and over 1,700 altcoins in their store through plugins, APIs, and easy-to-use point-of-sale interfaces. Its gateway makes crypto payments accessible to everyone and currently serves more than 70,000 merchants worldwide. The integration of Quid POS further expands CoinPayments’ reach in the micro-business sector, helping businesses of all sizes stay ahead of the digital payments curve.

“For small businesses, which historically have relied heavily on cash, missing a sale because they can’t accept other payment methods can be damaging. We aim to allow merchants and customers the freedom to choose to pay in any way, without risk. The strategic integration with CoinPayments opens a gateway to the future of digital payments for businesses run by their owners, who would otherwise struggle to enter the crypto world. And the timing couldn’t be more important, as those hardest hit by the pandemic are looking for new ways to secure their sales, ”said Sheryl Carr, co-founder and CEO of Quid POS.

Quid POS was built around a merchant-centric philosophy, informed by interests in local micro-projects and social entrepreneurship, finding smart ways to transform the future of point-of-sale for independent store owners. .

“CoinPayments’ POS interface is the easiest way for merchants to accept crypto as a form of payment, and aligns perfectly with Quid POS’s mission to streamline in-store payments for often underserved small businesses. by fintech solutions. Through our integration, more micro-businesses can join our merchant community to benefit from crypto payment acceptance and access new tech-savvy customers, ”said Jason Butcher, CEO of CoinPayments.

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