Dash [DASH] teams up with AloGateway, global payment processor

Dash [DASH] company will soon join hands with the popular global payment processor, AloGateway for expanding its domain. Through this upcoming association with AloGateway, Dash [DASH] seeks to proliferate itself, in general and Asia, in particular. According to report by BCFocus, Dash [DASH] DAO makes an investment in Vaultoro for conducting payments with Dash [DASH] cryptocurrency.

The announcement for the joint venture by AloGateway and Dash [DASH] was made this week. This integration would facilitate accession of Dash [DASH] on the platform, thereby, making the merchants send, hold or get the currency. Currently, the number of transactions carried out on the platform each day is 100,000 which exceeds half of the total transaction volume of Bitcoin [BTC].

AloGateway CEO, Sherwin Quiambao explained the reason for choosing Dash [DASH] for the partnership. He stated that the reason rests in its affordable transaction rate and high speed. According to Quiambao, “We had a number of reasons for choosing Dash as one of first digital assets we offer on our platform. First, Dash has among the lowest fees and fastest transactions of any blockchain network. Dash also has an active community, particularly in parts of Asia and Europe where we are seeing a lot of potential for growth.”

See also: Dash [DASH] crypto organisation introduces blockchain to Academia

AloGateway is a merchant solution enterprise dedicated to provide full service which involves multi-currency processing, understandable back office, recurring billing and others. The integration of Dash [DASH] into AloGateway paves the way for expansion of Dash [DASH] in Asian nations.

In the words of Karen Hsu, BlockCypher’s Head of Growth, “We are looking forward to helping AloGateway expand its adoption of blockchain technology. AloGateway is leading B2B payments in Asia by providing merchants with the choice and flexibility to transact in fiat, Dash and other digital assets such as Bitcoin, Litecoin, Ether.”

In China, AloGateway establishes association with China Union Pay which happens to be a reputed payment option. Ryan Taylor, the CEO of Dash [DASH] Core commented, “This is an exciting next step for Dash as AloGateway is already a recognized and well-respected solution for networks like China Union Pay. As one of the largest payment processors in Asia, AloGateway is a key partner for Dash as we look to continue the expansion of our global network, particularly in Asia and other crypto-heavy regions.”

Since the past times, the Asian nations enjoy a strategic advantage in terms of proliferation and acceptance of cryptocurrencies. The favourable activities include important mining operations in Chinese territories and hefty volume of exchange in Korea. Expansion of Dash [DASH] to the Asian countries plays a pivotal role to the establishment of Dash [DASH] as an international payment system.

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