NPS launches Worldwide Digital Payments in response to changing crypto regs
Fort Lauderdale, FL. – March 8, 2022 – Nationwide Payments Systems (NPS), a leading commerce enablement provider, has launched Worldwide Digital Payments, a global processing platform designed to power secure, compliant payments throughout ever-changing regulatory and legislative developments, the company stated. Describing the solution as a timely response to the upcoming Infrastructure Investment and Jobs Act, NPS representatives observed that the new laws would severely impact the cryptocurrency ecosystem.
Allen Kopelman, CEO, and co-founder at Nationwide Payment Systems pointed out that the new infrastructure bill has enhanced reporting requirements for cryptocurrency transactions, which go into effect in 2024. He urged business owners to plan and ensure their companies meet the new requirements.
“This bill will have far-reaching impacts on business owners that use blockchain, bitcoin ATMs, cryptocurrency, DeFi protocols, and other exchanges,” Kopelman said. “Anyone who mines digital coins may also be scrutinized. We’re educating business owners on upcoming legal mandates to prepare them for the changes and further assist with compliance and recordkeeping of digital transactions and assets.”
Open For Business
Allen Kopelman said Worldwide Digital Payments is enrolling international merchants.
“We offer a global payment processing solution for the universe, metaverse, multiverse, and beyond,” he said. “We’re accepting applications for NFT marketplaces; NFT games; Web3; DeFi; cryptocurrency exchanges; cryptocurrency coins; Metaverse; Metaverse Games; Metaverse Real Estate and a range of crypto-related businesses in the gaming and eSports industries.”
With over 20 years of payment processing experience, Worldwide Digital Payments, an NPS brand, is poised to leverage its close banking relationships to help traditional and next-generation businesses provide security and an excellent customer experience.
About Nationwide Payment Systems
Nationwide Payment Systems Inc., was founded in 2001 and headquartered in South Florida, services merchants across the United States. We help businesses of all sizes and a wide variety of industries, from low to high-risk profiles. We work with several front-end processors and banks, enabling us to support various hardware, software, and vertical industries. Our consultants can guide you through every facet of technology, commerce, and payment processing. Visit us at https://npsbank.com/ and follow us on LinkedIn and Twitter.
About Worldwide Digital Payments
Worldwide Digital Payments now accepts domestic (USA) and international merchant applications. We provide services in the following businesses: NFT, NFT Marketplaces, NFT Games, Web3, DeFi (Decentralized Finance), Cryptocurrency Exchanges, Cryptocurrency Coins, Metaverse, Metaverse Games, Metaverse Real Estate, and Crypto-related businesses that support the industry. We also support the gaming and eSports industries. With over 20 years of experience in payments, we connect with banks interested in this space. Set up a consultation with us if you’re ready to take your business to the next level with an international payment card, cryptocurrency, and localized cross-border processing.
For more information, visit www.worldwidedigitalpayments.com and follow us on LinkedIn and Twitter.