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Screenshot of a breaking news alert e-mail from Q2 2017
Bitcoin technology and payment processing company BitPay on Wednesday announced a partnership with GASH Point, a gaming payment brand owned by Taiwanese digital media giant Gamania.
GASH Point is a reloadable wallet and prepaid card for online gaming purchases. The wallet is already used by GASH’s 10 million clients in Asia and powers more than 3,000,000 transactions each day. The partnership with BitPay will enable bitcoin users in Taiwan and Hong Kong to fund their GASH Point accounts using their favorite currency along with other local payment methods.
BitPay promises that GASH Point customers can use their bitcoin wallet to load their GASH Point accounts in seconds. As bitcoin payments do not transmit personal data, GASH POINT’s bitcoin customers can check out more securely online and protect themselves from identity theft.
The partnership is also seen as a way for GASH Point to lower its transaction costs and reach new customers while avoiding the fraud risks associated with traditional credit card payments.
To view BitPay’s announcement on the partnership, click here.