Parallel Economy Announces Strategic Partnership with Flash to Power Bitcoin-Based Transactions

Parallel Economy is proud to announce its partnership with Flash, a Bitcoin payment gateway. This partnership will allow Parallel Economy customers to add a Bitcoin payment feature simply and seamlessly.

October 17, 2024 – Parallel Economy, a growing payment processor prioritizing the free speech and privacy rights of its customers, has announced a new strategic partnership with Flash, an innovative Bitcoin payments company that is transforming the way businesses and consumers transact on the internet. This partnership aims to provide merchants with seamless Bitcoin payment solutions, further expanding Parallel Economy’s offerings in the decentralized financial ecosystem.

The integration with Flash will allow Parallel Economy customers to accept and process Bitcoin transactions efficiently, meeting the growing demand for decentralized payment options. By leveraging Flash’s expertise in Bitcoin infrastructure, Parallel Economy will offer its customers the ability to conduct business-to-consumer transactions with lower fees, enhanced security, and a seamless interface.

“At the Parallel Economy, we keep working to make our censorship-resistant payment system more and more robust. Bitcoin plays an important role in achieving that objective and providing choice to our customers and clients. We are excited about our partnership with Flash as Parallel Economy expands into Bitcoin payments. We remain steadfast and committed to allow all parties to choose the currencies of their choice and settle with speed, security, privacy and censorship-resistance,” said Jeffrey Wernick of Parallel Economy.

Through this partnership, Parallel Economy will offer merchants a streamlined process for integrating Bitcoin payments into their existing payment systems, providing them with the tools to reach the rapidly growing community of Bitcoin users. Merchants will continue to benefit from the same censorship-resistant, values-based principles that Parallel Economy has pioneered while gaining access to Flash’s fast, low-cost Bitcoin transactions.

“This partnership with Parallel Economy is a natural fit as both of our companies prioritize empowering businesses to operate freely and independently,” said Pierre Corbin, Co-Founder and CEO of Flash. “Together, we are making it easier for merchants to integrate Bitcoin payments into their operations, expanding the reach of decentralized, borderless transactions, all while ensuring users maintain full control of their funds.”

This partnership marks a significant development in Parallel Economy’s decentralized payment processing. With Flash’s advanced Bitcoin payment solutions, both companies are poised to empower merchants and consumers to conduct business directly with one another and on their own terms using Bitcoin.