Bitcoinpaygate Announces In-Grid Bitcoin Payment Clearing

Bitcoinpaygate Announces In-Grid Bitcoin Payment Clearing

Danish bitcoin payment processor Bitcoinpaygate has officially launched its online platform. The Bitcoinpaygate service enables anyone to process bitcoin payments through their system or website.

Bitcoinpaygate Announces In-Grid Bitcoin Payment Clearing

Incorporated in 2013, Bitcoinpaygate brings its Bitcoin-sector expertise to the table to help clients facilitate any size transaction at any frequency. Speed and consistency are two of Bitcoinpaygate’s primary focuses. The company can process transactions fast and efficiently by utilizing its in-grid memory cluster. Since the company’s inception, developers have focused on consistency, big data processing, and memory cluster management to ensure transactions process as fast as clients need. As Bitcoinpaygate CEO Christian Kirk Zøllner explains:

Our aim is not only to facilitate processing of Bitcoin, but deploying multiple nodes to form a cluster, thus evenly distributing the data among the nodes. This allows for horizontal scaling both in terms of available storage space and processing power, allowing us to handle any transaction size, only limited by the Bitcoin P2P network.

Large players in the global payment industry have shown interest in utilizing bitcoin as a payment option during the past few months, and Bitcoinpaygate believe they are uniquely positioned to offer bitcoin payment options that can scale to the needs of any size banking system. Because the company is located in Denmark—which has proven very bitcoin-friendly so far—Zøllner believes Bitcoinpaygate has a competitive advantage versus other bitcoin payment processors.

Bitcoinpaygate has experts from within the Bitcoin industry that has been involved since early 2010, and we feel we are uniquely positioned to offer our services to the established banking and payments industry.

Consequently, he says that Bitcoinpaygate has received a lot of positive feedback from large payment industry players. Moreover, several blue chip companies have expressed interest in integrating the payment processor into their platform.  These positive signs indicate Bitcoinpaygate is poised to make a huge splash in 2015 and finally bring the banking industry to bitcoin.


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