Oltio is a mobile paymentserviceprovider based in South Africa and will offer MasterCard?s open loop and remote payments solutions to merchants in the country.
Similar to merchant processors for credit and debit cards, BitPay is a PaymentServiceProvider (PSP) specializing in eCommerce, B2B, and enterprise solutions for virtual currencies.
After working with French financial regulators, Bitcoin-Central has hammered out a deal with French payment processor Acoba and France's Credit Mutuel bank to become a paymentserviceprovider, which allows it to function much like a bank.