According to a press release, SpotOn, which provides payment processing software and services for merchants, has announced new support for cryptocurrency transactions, thanks to a partnership with Vaultbank. This makes SpotOn the latest merchant services provider to become "crypto friendly". Founded in 2017, SpotOn is a California-based startup that caters to the merchant services industry. Its portfolio of products includes a platform that allows restaurants to accept and manage payments and a general-purpose cash register application that also helps manage inventory and keep track of sales reports.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
