SOURCE: Bitnet

Bitnet

October 07, 2014 08:00 ET

Acromobile Partners With Bitnet, Enabling Mobile Merchants to Easily Accept Bitcoin Payments

Allows merchants to Receive bitcoin Payments in Local Currency for Customer Orders, Invoices, and Sales Transactions

SAN FRANCISCO, CA--(Marketwired - Oct 7, 2014) - Acromobile (http://www.acromobile.com), provider of mobile engagement software offering businesses a SaaS solution for mobile commerce, marketing and customer service, and Bitnet (http://www.bitnet.io), provider of a digital commerce platform designed to enable enterprise-scale merchants to process bitcoin payments, today announced that Acromobile Payments is integrating with Bitnet's platform to offer merchants the ability to accept bitcoin payments. Acromobile Payments with bitcoin acceptance is available to any merchant as a fully integrated Order-to-Bitcoin-to-Cash solution with easy integration to leading CRM and ERP systems. With this partnership, Acromobile and Bitnet are providing sellers with a new way to drive more customers to their business, simplify their operations, and process payments faster and cheaper.

For businesses, the ability to accept payments in bitcoin comes with key benefits. The popularity of bitcoin is soaring; on Black Friday in 2013, merchants saw total Bitcoin transaction volume exceed $487 million, placing Bitcoin as the fifth largest payment network on that high-traffic shopping day behind only Visa, MasterCard, American Express, and China UnionPay (and ahead of Discover and PayPal). As provided by Bitnet, bitcoin payment processing has low transaction fees that make bitcoin cheaper for merchants to accept than credit cards. Bitcoin also features no risks of fraud or chargebacks, instant global reach with no cross-border fees on transactions, and access to a base of new customers enthusiastic about the currency. As offered by Acromobile Payments, there is no merchant exposure to bitcoin price fluctuation, and customers can pay using any bitcoin wallet.

"Bitcoin is tailor-made for the Internet," said Alain Gendre, VP of Alliances at Bitnet. "No fraud, no risk, no borders, and lower fees than the most common current payment methods. And bitcoin acceptance is only going to grow; we're seeing merchants who are early adopters of bitcoin reporting that they've increased sales and added a new base of customers. We're excited to partner with Acromobile in providing merchants with the ability to accept bitcoin payments."

"With companies like Dell and eBay already accepting Bitcoin, the demand from B2B and B2C merchants is really accelerating," said Jason Masciarelli, Founder at Acromobile. "With Bitnet we are able to deliver an integrated CRM and commerce platform to unlock the bitcoin opportunity for merchants with no risk and have them get paid in their local currency."

In addition to bitcoin payment processing, Acromobile's Bitnet integration features robust tools to help merchants manage their businesses. Acromobile Payments includes CRM features for easy management of customer profiles, orders, invoices, and transactions to monitor payment status and history. The request payment feature enables merchants to quickly send payment requests to customers. Acromobile's turnkey payment portal fully supports credit, debit and bitcoin payments, allowing customers to login to a merchant-branded portal to place orders, pay invoices, and view transaction history. The system is mobile-optimized, allowing customers to pay with bitcoin from any iOS or Android device, and mobile-enabled for merchants who wish to use the Acromobile Payments Mobile App for Field Agents to request bitcoin payments from customers while in the field. The included reporting and analytics help merchants track customer behavior, payment trends, and payment reconciliation.

Get Started
Acromobile Payments with bitcoin acceptance is currently available to merchants by invitation; to request an invite visit www.acromobile.com/bitcoin. General availability is scheduled for December 2015.

About Acromobile

Acromobile provides customer engagement software for companies of all sizes to accelerate lead-to-cash with utilities that help customers anywhere on any device. Built on the leading cloud-based architecture, Acromobile delivers turnkey mobile engagement and payment solutions which are global and cross industry. To learn more about how you can improve your customer experience visit www.acromobile.com.

About Bitnet

Bitnet provides a digital commerce platform enabling enterprise-scale merchants to accept bitcoin payments. Bitnet's engineering, product, and business development team helped build and manage the world's largest payment gateway, CyberSource, which was sold to the world's largest payment network, Visa, for $2 billion in 2010. Bitnet has offices in San Francisco, California and Belfast, Northern Ireland. For more information visit https://www.bitnet.io.

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