Codapay announces partnership with BitX

Announcements | August 6, 2015 By:

On Aug. 5, Codapay announced it has partnered with BitX to enable merchants to process bitcoin payments in Southeast Asia.

“Given the low penetration of debit and credit cards in the region, we think Bitcoin holds great promise as a way for customers to transact online,” said Neil Davidson, CEO of Coda.

The integration of BitX’s bitcoin exchange infrastructure would allow merchants to accept bitcoin and get paid in local currency, due to BitX’s real-time price conversion technology.

Codapay is a Singapore-based alternative payments gateway provider. BitX is a bitcoin exchange headquartered in Singapore.