Bitcoin is transforming the payment system worldwide with lower transaction costs. More and more ecommerce companies are entering into the cryptocurrency ecosystem to offer the option of bitcoin payment to the customers.



Cubits, an all-inclusive platform to buy, sell and accept Bitcoin, has recently announced its partnership with the Los Angeles-based payment service provider ePrime Global.



"As part of the partnership, ePrime Global has integrated Cubits in order to process Bitcoin payments, thus giving over several hundred merchants direct access to the most innovative online payment method. The company offers further services, such as tax and currency management, logistics, website localization or shopping-cart services" - Cubits



With Cubits currently reaching a large number of European eCommerce merchants via payment gateways, Cubits and ePrime Global believe that partnerships of this sort are a glimpse at the future. Gateways enable merchants to offer their customers a wide range of payment methods at once - contracting with each payment service provider individually becomes redundant, Cubits said in a blog post.



ePrime Global said that when any merchant signs up with it now, they will be able to accept credit cards, PayPal, as well new and alternative payment methods such as Bitcoin.



"At Cubits, we've always believed in the potential of Bitcoin to give fast, cheap, secure, and most importantly, unfettered transaction capabilities to merchants both large and small. Together with EPrime Global, more businesses will get the option to grow and thrive by accepting Bitcoin into their payment platform. For us, the partnership with ePrime gave us the opportunity to bring our payment functionality over Blockchain technology to a new dimension," stated Tim Rehder, Co-Founder and CEO of Cubits.