Chronopay, a major online payment provider operating in Russia from its Amsterdam headquarters, is including bitcoin to its payment gateway. Its clients will thus be able to accept the popular cryptocurrency.
Chronopay founder Pavel Vrublevsky, a controversial figure, had sharply criticized Bitcoin in the past. He has changed his point of view radically: “Having thoroughly studied the subject, [I realized that] it is a real revolution in the payment industry probably and we will do everything to participate in this movement. The first and simplest step in this direction is to support payments in Bitcoin,” he wrote in a public post today.
Chronopay’s online payment platform is capable of processing more than 3,000 transactions per minute, according to its General Director Jeroen Smit. The company’s client portfolio covers a variety of industries, from travel to fashion to betting.