Stronghold Launches StrongholdNET, Payments Ecosystem of the Future

Products include merchant rewards, DeFi-backed financing, cutting-edge fintech, and more

SAN FRANCISCO--(BUSINESS WIRE)--$SHX--Payments fintech Stronghold has launched StrongholdNET, a future-facing ecosystem of products and services championing accessible payments. StrongholdNET seamlessly integrates merchants, technology partners, and other essential contributors. By combining cutting-edge technology with community benefits, StrongholdNET creates a new paradigm for payment providers and businesses worldwide.

Stronghold’s payment offerings include card processing, checkout services, ACH transfers, virtual payment networks, and more. The launch of StrongholdNET also marks the expansion of the company’s Merchant Financing Program, which now leverages DeFi-funded cash advances to provide funding for business projects. Its use of blockchain enables merchants to access financing options with increased ease and efficiency. By increasing accessibility, StrongholdNET members can grow and thrive in today’s competitive market. Furthermore, users receive the benefits of blockchain-backed funds without onerous onboarding requirements.

StrongholdNET's commitment to excellence is further demonstrated by its support of the ISO 20022 standard. It empowers businesses to manage their finances more effectively and adhere to regulatory requirements. Stronghold is SOC 2 Type II certified and has completed its Nacha ACH audit, maintaining the highest compliance standards for all merchants in its ecosystem. ISO standards encourage interoperability and connectivity in the business world.

“StrongholdNET is the amalgamation of Stronghold’s diverse array of services, products, and community,” said Tammy Camp, Stronghold CEO and co-founder. “Our mission is to make financial services accessible to all. StrongholdNET will bridge the gap between business owners and the most cutting-edge payment technology available. Customization will be key to ecosystem success.”

All are welcome in the StrongholdNET ecosystem. The ecosystem strives to build a more efficient, transparent, and innovative financial future. Read the StrongholdNET overview at www.stronghold.co/strongholdnet

About Stronghold

Stronghold® is a leading financial infrastructure company that provides fast, secure, and accessible financial services through a simple API. As a Forbes Fintech 50-recognized company, Stronghold works with businesses to make payments quicker and easier while maintaining regulatory compliance and interoperability between payment systems. Stronghold launched the highly successful digital currency SHx in 2018 to provide real-time settlement, discounts in fees for business customers, rewards, and merchant cash advances. To learn more, visit www.stronghold.co.

Lena Tichy, press@stronghold.co