Business
GH Capital (OTCQB: GHHC) is Launching with Bitcoin and Altcoins as Payment Options
GH Capital (OTCQB: GHHC) is Launching with Bitcoin and Altcoins as Payment Options.
About this update from Strake Inc.
[{"type":"text","content":"MIAMI, FL / ACCESSWIRE / January 23, 2018 / 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.In mid-February 2018, ClickDirectPay plans to beta launch their new cryptocurrency payment service allowing merchants to start accepting up to four leading cryptocurrencies as a form of payment. There are already plans to onboard more coins in the near future, depending on the demand and shape of this landscape. The beta launch will look to focus on the following coins as payment options: Bitcoin, Bitcoin Cash, LiteCoin, and Ether.Mr. Bane Katic, Head of CDP Europe, commented, \"This space is very dynamic and can get very technical. The aspect we need to focus on is the ability to solve a payment challenge with the lowest fees for both merchants and consumers. At the moment, Bitcoin transaction fee is hovering around $40 USD and looks like it may continue to go up. While this doesn't make it affordable for consumers transacting in smaller amounts, some merchants may wish to offer Bitcoin for larger ticketed items. Therefore, Bitcoin will be offered as a payment option but we are looking at launching with other coins which are low fees and fast, yet still uphold the qualities of what the blockchain has to offer.\"Offering multiple cryptocurrencies comes at a time of broader diversification in the cryptocurrency market. The number of different coins making up the cryptocurrency market has already crept past the 1300 mark and continues to grow. As such, CDP structured the move as one that keeps it in line with new developments in the blockchain market.Bane added, \"As we look forward, we will be planning to bring on other cryptocurrencies which align with the low transaction fees for micro-payments. Our goal is always to assess and bring to market what makes sense for our merchants and customers.\"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 deliver...