Coinzone Opens for Business in Czech Republic

Coinzone Opens for Business in Czech Republic

Coinzone is dedicated to giving European users the confidence of a service that incorporates local language and payment instruments.

Coinzone, a leading Bitcoin payment solution provider dedicated to making it easy for European merchants and consumers to use and accept digital currencies, today announced its launch in the Czech Republic. Following fast on the heels of Coinzone’s recent launch in the UK market, where its payment gateway technology proved a major hit with acquiring merchants, the move marks the next stage in the company’s ongoing European expansion.

The first provider to offer dedicated Bitcoin transaction services fully supported by local banking partnerships in the Czech Republic, Coinzone’s fully compliant platform at last makes it quick, safe and easy for Czech merchants to use and accept the Bitcoin virtual currency.

The fully featured customised payment solution incorporates market-specific language and payment processing localisations that uniquely offer merchants the option of settlement in Czech Koruna, the local currency of the Czech Republic. Payouts are delivered quickly into service users bank accounts no matter how low the balance is.

“Unlike other providers which offer blanket solutions featuring currencies and language options that aren’t relevant to the local markets they serve, Coinzone is dedicated to giving European users the confidence of a service that incorporates local language and payment instruments - delivering funds direct from and to in-country bank accounts and in their local currency,” explains Manuel Heilmann, CEO and Co-Founder of Coinzone.

The launch of the new Coinzone service makes it easy for brick and mortar stores, restaurants, freelancers, and online merchants to accept Bitcoin payments for goods and services. With just a few simple clicks, merchants are able to accept Bitcoin mobile payments through Android and iOS apps, and the Coinzone platform features easy-to-install plugins for dozens of popular e-commerce platforms including Magento, Opencart and Shopware.

Alongside enabling a fraud free and chargeback free Bitcoin payment environment for merchants, Coinzone’s solution also gives consumers access to a simple and secure payment process that reveals no sensitive information.

The Czech Bitcoin community is flourishing and demand for the currency is booming; the region has a Bitcoin exchange and nine Bitcoin ATMs are now in operation as well as our local partner Bitperia.

“We are delighted to be serving such a forward thinking market where consumers and businesses alike are eager to participate in the innovative virtual currency revolution,” says Heilmann.

“This is a fast-moving and exciting market and we hope our contribution will enable those users who are looking for a secure and trusted environment in which to transact. Our launch in Czech Republic represents the culmination of many months working to satisfy the expectations and demands of local merchants and resellers who’ve been crying out for a cutting-edge localised solution that meets specific local market needs. In the coming months we’ll be looking to extend our operations with the launch in additional Eastern and Southern European markets.”

About Coinzone

Headquartered in Europe, the Coinzone team has many years of experience in both international e-commerce and payments. Coinzone’s mission is to provide the best user experience that eliminates the geographic boundaries and complexities of payments by enabling businesses and individuals to easily transact with digital currencies. Made in Europe, for Europe, its Bitcoin merchant payment gateway and point-of-sale (POS) platform is available in over a dozen languages and is tailored to each European market it operates within.

For further information about Coinzone visit

Related News

Bitcoin Adoption Picking Up in Czech Republic

Bitcoin can be used in various countries around the world just about any item or service you want to, depending on how you are looking to spend your digital currency. While most of the focus is on the Western countries, the Czech Republic is seeing an interesting trend in terms of Bitcoin awareness and adoption. According to the statistics provided by CoinZone, the Czech Republic is quite active in terms of Bitcoin adoption and usage. With 55,000 wallet downloads – in a population of 10.5 million – that may not seem like much, but it’s a definite start for this Eastern European country.....

ID Required to Buy a Coffee With Bitcoin in the Czech Republic

In line with the recent legislative policy led by the European Commission, the Czech Republic government aims to create a more strict approach to cryptocurrency anonymity. Czech Republic’s Ministry of Finance Enforces Cryptocurrency KYC Procedures. Bitcoin and cryptocurrency are a popular phenomenon in the Czech Republic and the city of Prague. The....

Coinzone to Launch a European Bitcoin Service with Banking Relationships

European Bitcoin payment processor Coinzone officially announced in a recent blog post that the company will be launching a Bitcoin wallet for its European customers. The announcement follows the recent launch of the company's Bitcoin processing platform in the Czech Republic. Like many others, Coinzone's Bitcoin wallet will allow users to send, receive, buy and sell bitcoin on both mobile platforms and web browsers. Currently, the company is focusing on building country-specific features to allow users to withdraw and deposit through local banks. CEO Manuel Heilmann stated, "We've....

Coinzone Opens its Doors to the Polish Market

Coinzone is one of the leading European Bitcoin payment processors today announced the launch of its merchant payment services in Poland. Requiring no subscriptions or monthly fees, Coinzone's fully compliant payment services will simplify the process of using and accepting Bitcoin for Polish businesses. Manuel Heilmann, CEO and Co-Founder of Coinzone commented: "Coinzone's payment gateway offers multiple advantages for merchants. Quick and easy to use and requiring no special hardware, our solutions offer a simple and secure way to accept Bitcoin with no associated risk. What's more,....

Coinify Acquires Its Rival Coinzone

Coinify works to spread the use of digital currencies. The company enables anyone to buy Bitcoin as an investment, or to buy or sell items and services from a rapidly growing list of stores worldwide. With experience in working with digital currencies since 2010, the Coinify team has a strong background with decades of experience in software, e-commerce, and compliance. The Denmark-based Company recently acquired its rival Dutch processor Coinzone in a bid to create a pan-European provider of bitcoin-to-fiat payment processing for online merchants and PSPs. The deal adds 2000 merchants to....