Lateral Payment Solutions is integrating blockchain-powered payments into its merchant platform via a partnership with Nuggets.
Alastair Johnson, CEO and Founder of Nuggets, says: “This will extend the reach of Nuggets to consumers who want to use it to pay with credit and debit cards. Lateral Payment Solutions has identified the significant opportunity of frictionless digital identity, payment and verification through blockchain, and we’re looking forward to maximising that opportunity with them.”
Ian Vidamour, Director of Lateral Payment Solutions, comments: “Our merchants process fast and simple payments via our platform, but they’re also increasingly concerned about how retailers and payment providers store their personal data. Our collaboration with Nuggets, and our integration of their blockchain technology tightened security around the storage of personal information which is why we’re so excited about this partnership.”