Debt Collection Firm CIS Now Accepts Bitcoin for B2B Repayments

Corporate Intelligence Services (CIS) is now accepting bitcoin as an additional form of payment in its commercial debt collections division.

  • The U.S.-based investigative and collections firm announced Tuesday it has established a company digital wallet enabling it to begin accepting bitcoin for business repayments.
  • CIS, which has offices in Concord, N.H., and Atlanta, said it introduced the bitcoin options because it wants to use cutting-edge technologies to offer its “clientele” a better service.
  • “Bitcoin has become more and more accepted as a form of payment [and] has several advantages over checks and credit cards,” said Roger Barter, the co-owner of CIS.
  • “Transactions are instantly verifiable and are peer-to-peer without a third-party facilitator. [Peer-to-peer] transactions have significantly lower transaction fees,” he said. 

Read more: Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules

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