Processing.com, a global payment solutions provider, announced on Wednesday a partnership with Coinsquare, one of Canada’s leading digital currency trading platforms. Processing.com will enable online payments functionality for Coinsquare customers, who will be able to buy digital currencies instantly with their credit or debit cards. Coinsquare currently facilitates approximately USD 5 billion in digital currency trades per annum, according to the press release.

Operating on a 100 percent proprietary system, Coinsquare’s platform offers security and the ability to hold 98 percent of assets in cold storage, says the statement. Processing.com will enable larger numbers of participants to buy and sell altcoins without the need for digital wallets and digital coin conversions. Its secure, proprietary payment processing platform connects its customers to an extensive network of banks.

“We are very excited to partner with such a respected and fast-growing trading platform as Coinsquare,” said James Bergman, Chief Revenue Officer of Processing.com. “As digital currencies increasingly make their way into the mainstream, service providers have a responsibility to ensure the broader public can access the rapidly growing blockchain ecosystem.”