Avra ties up with T2M International for payment technology

Avra has entered into an agreement with IT consultancy firm T2M International (T2M), making it the company's primary technology partner.

US-based Avra, a global provider of payments solutions for crypto-currency and digital currency markets, has entered into an agreement with IT consultancy firm T2M International (T2M), making it the company’s primary technology partner.

Under the agreement, T2M will support Avra with the development of the Avra product line-up, systems management, data security, integration and operational planning strategy.

T2M will develop a digital currency gateway, available both on the cloud and on app stores for smart phones, to enable users to transfer Bitcoin with the AvraPay wallet via text messaging that can be managed online.

Avra CEO Steve Shepherd said: “The T2M group possesses extensive experience in the development of technologies specific to the payment processing industry, along with a prodigious understanding of traditional and mobile platform protocols and trend data.”

T2M vice president Jamie Zimmerman said: “The platform provides a unique solution by enabling payment acceptance from EMV (Europay, MasterCard and Visa) to Bitcoin while protecting the customers (merchants) from costly data security breaches.”