MintChip, a digital currency, was designed by the Royal Canadian Mint in 2012 with the aim of facilitating exchange of value between consumers and merchants in real time and reduce cost and risk of financial transactions. MintChip was then acquired by nanoPay Corporation in December 2015.
Ingenico Group partnered with nanoPay and is integrating the MintChip digital cash platform into its own Telium platform. This integration will enable merchants to accept MintChip digital currency as a form of electronic payment using their existing Ingenico Group smart terminals. The integration of the MintChip platform into Ingenico’s payment technology is undergoing certification and will be commercially available during the fall of 2016. nanoPay’s MintChip platform has many benefits including:
To receive more about Ingenico Group’s partnership with nanoPay for MintChip, please click here.