GoCoin Adds Litecoin to Payment Offering
Bitcoin payment processor GoCoin is now accepting litecoin. The firm, formed in July, expanded its portfolio to include the altcurrency this week. "Litecoin has reached the tipping point in our minds with sufficient liquidity to support merchant activities," said GoCoin CEO Steve Beauregard. "Like with our bitcoin interface, we are building in safeguards in the event the volatility becomes extreme in the wrong direction. GoCoin, which raised $550,000 in venture funding in November, has been testing litecoin services with early adopters since late last month. "We have not been focused on....
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In addition to allowing merchants to accept bitcoin, digital payment processor GoCoin has announced that they have enabled litecoin payment processing - making them one of the first digital payment processor to do so. It's big news for the litecoin community, and GoCoin says that it solves the "Where can I spend my litecoins?" dilemma, much like in the early days of bitcoin. "GoCoin's platform was specifically designed from the beginning to easily accommodate emerging digital currencies, such as Litecoin, because we saw the massive potential of the digital currency market," said Steve....
GoCoin has become the latest payment processor to be integrated into the Shopify e-commerce platform, joining Coinbase and BitPay in offering cryptocurrency payments options to merchants on the platform. Unlike Coinbase and BitPay, however, GoCoin will allow merchants to take payments not only in bitcoin, but also the altcoins dogecoin and litecoin. Eric Benz, GoCoin's business development advisor, said the deal has been months in the making, and was only completed because Shopify merchants like GAW Miners asked the e-commerce platform for altcoin payment options. Benz explained: "In the....
GoCoin has added three new fiat currencies as payout options for merchants - euros, pounds sterling and Singapore dollars. The announcements come amid a string of new details about the company's business progress. Since raising $550,000 in November 2013, GoCoin has arguably become a big-three payment processor alongside BitPay and Coinbase due to its agnostic approach to digital currencies, accepting litecoin and dogecoin alongside bitcoin. In statements, CEOSteve Beauregard asserted that the company has
International payment platform GoCoin has today announced plans to support dogecoin. The move means merchants using the platform will soon be able to accept payments in the canine currency, in addition to GoCoin's existing currencies, bitcoin and litecoin. "We've been carefully prioritizing the latest altcoins, and dogecoin really stands out as a viable currency due, in large part, to the strength of its community," said GoCoin founder and CEO Steve Beauregard. "By integrating dogecoin into our platform, GoCoin is one step closer to giving merchants the ability to accept any digital....
Shopify merchants can now accept cryptocurrency payments from within the e-commerce platform. GoCoin has partnered with Shopify to enable the e-commerce service's 120,000 merchants to accept cryptocurrency payments. This announcement follows GoCoin's recent partnerships with other e-commerce services, including PayPal. Also Read: GoCoin Partnership Brings Bitcoin Payment Option to More than 1,000 Businesses. Shopify Partners with GoCoin to Bring Bitcoin Payment Option to 120,000 Merchants. On Wednesday, GoCoin announced a new partnership with online e-commerce platform Shopify. The....