eGifter Teams with GoCoin to Offer Gift Cards for DogeCoin and LiteCoin

eGifter Teams with GoCoin to Offer Gift Cards for DogeCoin and LiteCoin

Together with eGifter, we are building bridges between retail shopping and digital currency communities.

eGifter has chosen GoCoin to enable payments using Dogecoin and Litecoin. The move is a major step in the evolution of these two lesser known cryptocurrencies. eGifter offers eGift cards from almost 200 major US brands which gives holders of these emerging cryptocurrencies many additional places to spend their coins.

eGifter was one of the first companies to start taking Bitcoin in 2013 and is now among only a few accepting Dogecoin and Litecoin.

eGifter continues to embrace these emerging technologies for multiple reasons. “Using GoCoin we get a secure, fraud-free transaction at a cost of only 1% compared with over 2% for credit cards,” said Tyler Roye, eGifter CEO. “Given the risks for online merchants relating to ‘card-not-present’ fraud, this is a very attractive alternative.”

“We are thrilled to see key merchants in the Bitcoin eco-system embrace the alt-coins and their unique communities,” said Steve Beauregard, Founder and CEO of GoCoin.

“Together with eGifter, we are building bridges between retail shopping and digital currency communities.” GoCoin added Dogecoin and Litecoin in the last week of March, 2014.

Litecoin is a peer-to-peer cryptocurrency that is technically similar to bitcoin and was designed to improve on it by offering faster transactions as one of the key benefits. Litecoin is the second-largest cryptocurrency by market capitalization.

Introduced on December 8, 2013, Dogecoin has a fast initial coin production schedule when compared to other cryptocurrencies. There will be approximately 100 billion coins in circulation by the end of 2014 with an additional 5.2 billion coins every year thereafter. As of 30 March 2014, over 65 billion Dogecoins have been mined.

While these coins have not yet had the media coverage of bitcoin, they do have growing communities of passionate supporters. Everyone is wondering which, if any, will be the next cryptocurrencies to emerge. eGifter and GoCoin together make a strong argument that the answer is Dogecoin and Litecoin.

eGifter does not take possession of the cryptocurrency. “GoCoin accepts the coins and converts them to cash so that we never have to touch them,” said Roye. “This shields us from the market fluctuations and other risks associated with taking cryptocurrencies as a payment option.”

eGifter’s strategy is to be an early-mover and capture market share. Each community has supporters that have been asking eGifter to begin accepting their coins.

eGifter continues to be committed to being first to market with new and innovative payment alternatives.

“They are appreciative of our efforts to support their communities, and for the impact eGifter can have on their ecosystems,” said Roye. “We anticipate a pretty strong response to this move.”

About eGifter

eGifter revolutionizes the act of gift giving with a social and mobile gifting platform designed to create a fun experience for consumers, while helping retailers unlock the viral potential of gift giving in social spaces. eGifter is based on New York and was founded in 2011 by a group of proven tech entrepreneurs.

To learn more about eGifter and their social and mobile group gifting platform, visit http://www.eGifter.com/Retailers/

Try it out at http://www.eGifter.com/ or download the mobile app from iTunes or Google Play.

About GoCoin

GoCoin is an international digital currency payments platform enabling merchants to accept bitcoin, Litecoin, Dogecoin and other digital currencies with key benefits such as eliminating high fees, costly chargebacks and inherent credit card payment friction. Our service replaces the need for the likes of PayPal or Authorize.net instead customers pay with Bitcoin opening up the global market of shoppers and gamers to participate for the first time in eCommerce, Internet gaming, Internet entertainment and charitable giving. Founded in July 2013, GoCoin is an international group of companies with a presence in Asia Pacific, the Americas, the Caribbean and Europe.

For more information about GoCoin, please visit http://www.gocoin.com/


Related News

eGifter Partners with GoCoin to Accept Dogecoin, Litecoin Payments

US company eGifter is to triple its digital currency payment options and start accepting both dogecoin and litecoin, thanks to a new partnership with payments platform GoCoin. eGifter already accepts bitcoin for its gift cards that give customers access to over 100 brands - including big name retailers like Amazon, Gap and Walmart - and the new additions will be welcomed by those with some altcoins to spend. While there is already a large and fast-expanding base of merchants that accept bitcoin, dogecoin and litecoin are far less represented and, in doge's case, used more for....

Interview with Tyler Roye, CEO of eGifter

Interview with Tyler Roye, CEO of eGifter; eGifter is an online retailer specializing in electronic gift cards from a very large assortment of businesses. eGifter makes it easy to send gift cards to anyone instantly. What makes eGifter more attractive than other companies that offer similar services? In addition to offering over 100 brands, they also accept Bitcoin, Litecoin and Dogecoin as payment options. Litecoin and Dogecoin are the recent crypto currencies to be accepted by eGifter. I had the opportunity to speak with Tyler Roye, CEO of eGifter, about Bitcoin and cryptocurrencies in....

eGifter Offers 3% Rewards for Gift Cards Bought With BTC, LTC or DOGE

Electronic gift card provider eGifter has launched a new incentive program for customers who want to pay with bitcoin, dogecoin or litecoin: a 3% discount in redeemable rewards on such purchases. The eGifter Points program, officially launched today by the New York-based company, skews discounts favorably toward the company's decentralized payment options. Customers in the rewards program only receive a 2% discount for using PayPal, and 1% for using credit cards to buy eGifter cards from major merchandisers. Tyler Rowe, eGifter's co-founder and CEO, said: "Because cryptocurrencies cost....

Why eGifter added Litecoin and Dogecoin, and the reason for Walmart's Departure From Gyft

Recently I was able to ask Tyler Roye of eGifter.com about what his impetus was for adding Litecoin and Dogecoin as forms of accepted payment alongside Bitcoin. I also asked him about why Walmart left Gyft. On eGifter's impetuous to add LTC and especially Dogecoin to the marketplace. One of eGifter's biggest priorities for choosing new retailers and brands to add to our marketplace is customer feedback - and the same applies to how the market is run. The Litecoin and Dogecoin communities are growing fast, and we began receiving several requests from active members of each community to add....

eGifter Expands to Europe with Amazon Gift Cards Paid in Bitcoin

In a press release sent out today eGifter, a social and mobile gifting company, announces its expansion into the European Market by adding Amazon.fr, Amazon.de and Amazon.co.uk Gift Cards to its offerings. The new offering will allow European consumers to purchase these cards with Bitcoin, which is very good news as the real Bitcoin economy takes off and more and more consumers look for simple ways to use their coins to buy things (as opposed of speculation). The gift cards are available on the eGifter web and mobile website and will be available next month on the eGifter mobile apps for....