Bitcoin Payment Provider Coinsnap Expands His Market Presence to Whole Europe

20+ years of payment expertise / payment technology 'Made in Germany'.

Netherlands, September 30, 2015 - The payment option Bitcoin is an intrinsic part of the payment page in e-commerce areas such as entertainment, games, gaming, software and data backup. The 100-percent payment assurance for customers and online merchants coupled with immediate payment processing provides everyone involved with a high degree of reliability, particularly for cross-border transactions. Owing to the sharp increase in the number of cross border purchases made online, Bitcoin is now advancing into the focus of traditional e-commerce retailers as a payment option to reduce the risk of fraud and avoid time and resource-consuming identity checks. As a Bitcoin payment provider deployed throughout Europe, Coinsnap offers all internationally active market participants the cutting-edge infrastructure they need for this, along with payment technology 'Made in Germany', underpinned by more than 20 years of payment expertise. For more information visit www.coinsnap.eu

Simple shop integration - individual price display - Bitcoin-typical savings

Coinsnap provides e-commerce companies with all-round technological compatibility. This makes integration into existing systems via the Coinsnap API possible, while connections to more than 30 popular shop systems are also available including Magento, shopware, plentyMarkets and OXID eShop. Coinsnap does not charge any fees for either of the integration paths. The connection, including individual customisation, can be set-up in a few hours with the help of Coinsnap Technical Support. With focus on the customer, the prices set in various currencies and Bitcoin can thus be displayed on the product pages and in the payment process. Payment processing is also focussed towards the merchant: Coinsnap transfers the sales price to the merchant's bank account without any currency conversion loss, and Bitcoin transactions direct to an internal or private merchant wallet are also possible. For administration and analysis, all processes can be viewed in detail on the Coinsnap Dashboard and evaluated statistically. Coinsnap charges a discount of 1% and a transaction fee of €0.10 for its services. This ensures that the online shop retains all Bitcoin-typical cost benefits that distinguish the virtual currency from other payment options.

Payment technology 'Made in Germany' - long-standing industry expertise

Coinsnap belongs to a group of companies, which has been developing services and infrastructure for online payment 'Made in Germany ' throughout Europe for more than 20 years, the subsidiaries of which have been granted European finance institute licenses. The team is made up exclusively of highly experienced payment professionals. Coinsnap is headed up by its CEO Stephan Wetzmueller, a payment industry insider with also more than 20 years of market experience in senior management positions and as an entrepreneur. As a result, customers receive via Coinsnap cutting-edge payment technology and expert know-how in Bitcoin integration and payment processing.

Shop system connections: http://www.coinsnap.eu/en/public/merchant-shop-module.html

API documentation: http://doc.coinsnap.eu/#howto

Coinsnap Exhibition Dates September/October 2015:
+ 22-25/09/2015, The European Summit
+ 20-22/10. 2015 EiG Berlin

About Coinsnap B.V.

Coinsnap is a Bitcoin payment provider specialised in the European market with technology 'Made in Germany'. Besides traditional e-commerce, Coinsnap also supplies Bitcoin payment solutions for digital services and content offerings. Coinsnap belongs to a group of companies whose subsidiaries have been granted European finance institute licenses. During payment processing, Coinsnap assumes all Bitcoin exchange rate risks, thus offering e-commerce companies all options for fully exploiting the cost and utility benefits of this virtual currency.