Digital Payments Fintech News

Stronghold Launches Rewards Program for Technology Partners and Business Customers to Enhance Payment Infrastructure Loyalty

Stronghold Launches Rewards Program for Technology Partners and Business Customers to Enhance Payment Infrastructure Loyalty

StrongholdNET Aligns Network Use and Growth with Increased Overall Health of the Ecosystem

Stronghold, a payments and financial infrastructure company, has launched a new program to reward early network members, including select technology partners and business customers. StrongholdNET, Stronghold’s proprietary payments network, spans old and new rails to enable interoperability between legacy systems and modern real-time payments.

The rewards program will catalyze new integrators, benefit current network members, and optimize network utilization. Integrated companies will receive SHx based on the payment volume they process through StrongholdNET. Members can then apply the rewards earned to offset transaction fees and other related costs.

Read More: Blockchain Safety: Why You Should Create a New Bitcoin Address Every Time?

Stronghold launched the rewards program in March 2021, and interest in joining the program has grown since. Initial program participants include technology partner Aduro Advisors, a venture capital fund administration platform.

COVID-19 precautions have prompted a dramatic increase in the demand for seamless payment solutions. StrongholdNET has enabled easy, modern, and contactless transaction experiences for end consumers. Technology partners, such as point of sale software, ERP solutions, and delivery software providers, stand to benefit by integration and further alignment with Stronghold’s payment infrastructure.

Read More: Kraken Donates $250,000 to Advance Ethereum’s Blockchain Upgrade Efforts

Stronghold has raised capital from accomplished fintech founders, leading companies, and prominent industry advisors. Investors who have supported Stronghold’s rapid growth include: Ron Suber, The Bancorp co-founders Frank Mastrangelo and former CEO Betsy Cohen, Randy Reddig from the founding team of Square, Dan Macklin of Bessemer Venture Partners, Marqeta founder & CEO Jason Gardener, former Oppenheimer CEO, president & chairman Arthur Steinmetz, NerdWallet founder Jake Gibson, SoFi co-founder Rob Stavis, and Xpring now known as RippleX.

Read More: Currency Agnostic Blockchain Debuts for Global Trade

Related posts

Zweispace and Linance Partner in Creating Value Oriented Token Marketplace in the Next Generation Exchange in APAC

Fintech News Desk

Nasdaq Ventures Announces Strategic Investment in Matter

Fintech News Desk

Six-Person Advisor Team Joins UBS Private Wealth Management in Tampa, Florida

Fintech News Desk