Business
GH Capital (OTCQB: GHHC) is Exploring the Use of Blockchain Technology for the Next Generation of Credit Card Payments
GH Capital (OTCQB: GHHC) is Exploring the Use of Blockchain Technology for the Next Generation of Credit Card Payments.
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[{"type":"text","content":"MIAMI, FL / ACCESSWIRE / November 27, 2017 / GH Capital, Inc. (OTCQB: GHHC), a diversified FinTech holding company, today announced that its online payment service subsidiary, ClickDirectPay (clickdirectpay.com), has been actively exploring the concept of utilizing blockchain capabilities as part of its core offering, providing a financial platform that is universally accessible, regardless of country or currency.As the popularity and growing demand for cryptocurrency increases, organizations offering payments and acquiring solutions will also gradually produce alternative solutions and approaches.Mr. Wolfgang Ruecker, Chief Executive Officer of GH Capital, commented, \"ClickDirectPay is looking to extend its reach of serviceability on a global scale. Currently, ClickDirectPay is only available in a few countries in Europe and merchants are required to have a European Bank account to accept and receive ClickDirectPay payments, based on the fact that clients wire funds to the corporate bank account of the merchant. Over the last several months, our core CDP team has been seeking a unified solution capable of streamlining payments with access to online merchants and clients worldwide. In order to reach this in the shortest amount of time and provide the borderless service payment providers should offer, we are actively exploring the concepts of blockchain and cryptocurrency to propel this goal.\"A surge in the digital coin's value saw the total market value of all cryptocurrencies top $190 billion for the first time Thursday. The market cap of bitcoin alone is currently more than $109 billion, according to a recent article published by CNBC. \"If you look into Bitcoin a few years ago, everybody was skeptical. Today, a single Bitcoin trades somewhere just above $8,000 USD. More and more cryptocurrencies are available to the market with huge liquidity when it comes to exchange,\" says Ruecker.The growing niche market of accepting alternative payments means the next generation of online payment behavior has already started, especially in the high risk payment processing industry. With products and services being delivered to customers globally, payment methods has always been an obstacle in the process. Cryptocurrencies allow anyone, anywhere to pay, creating new opportunities in markets which otherwise may have been restricted. Clic...