SumUp Brings No-Fee Bitcoin Transactions to European Merchants
SumUp has integrated bitcoin into its mobile point-of-sale (mPOS) solution, allowing merchants across Europe to offer the payment option without paying any transaction fees through 2015. Enabled through an integration with BitPay, SumUp boasts that it now provides the first mPOS solution powered by its bitcoin payment processing partner in Europe. In turn, BitPay framed the partnership as the latest evidence it will reach its target of enlisting 1 million merchants on its platform by 2017. Speaking to CoinDesk, Marc Christ CSO and co-founder of SumUp emphasized that the decision is one....
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Leading global bitcoin payment processor BitPay has published a half year report on bitcoin which covers growth of merchants, transactions, volume, etc. Today, over 100,000 merchants worldwide are accepting bitcoin. Out of the 100,000 bitcoin merchants, 60% are processing bitcoin payments through BitPay. The number of transactions in the 2nd quarter of 2015 for the European region has reached an all-time high of 102,221 transactions per quarter (34,074 per month). "Merchants in Europe use payments service providers to aggregate all those payment methods into one solution, but bitcoin....
Bitpay CEO Tony Gallippi says rebranding and opening an Amsterdam office is just the tip of the iceberg. BitPay has more exciting plans for the future. Bitcoin payment provider Bitpay will be opening its European headquarters in Dutch capital Amsterdam. The office will handle sales, implementation and merchant support for all European customers. At this moment, Bitpay offers its services to 7,000 merchants all over Europe. By the end of 2014, the company has set a goal of acquiring and serving 30,000 merchants in the continent. New people. Opening a new office brings new career....
Vogogo is setting their sights on the European bitcoin market and all the untapped merchants it has to offer. By setting up a strategic business partnership with eMerchantPay, cryptocurrency merchants based in Europe can accept credit and debit card transactions from any customer in the world, as long as they utilize Vogogo and eMerchantPay. According to an official statement, the integration between eMerchantPay and Vogogo is well advanced, with Vogogo expecting a beta launch of their card processing later this month. Vogogo and eMerchantPay Share Excitement for New Ventures. Vogogo CEO....
Bitnet and PAY.ON have announced a partnership allowing PAY.ON’s entire customer base, which includes over 100 PSPs and 56,000 merchants, to accept bitcoin on its platform. Bitnet, an enterprise scale digital commerce platform has connected with PAY.ON, a financial institution which offers white label payment gateway solutions for payment service providers to enable merchants using PAY.ON’s RESTful API to accept bitcoin payments. Today, PAY.ON processed over 1.2 million transaction per day and has an extraordinary user base of more than 56,000 merchants and over 100 multi-national PSPs....
The delay of Bitcoin transactions, on the other hand, is a more likely reason. Bitcoin adoption by merchants and store owners is booming as of late. Particularly in the European Union, things are improving year over year. Even though there is still a lot of work to be done, it appears Central Europe is doing quite well. At the same time, the lack of Bitcoin adoption in Scandinavia is rather disconcerting, and rather difficult to explain. Europe has always been a rather odd region when it comes to financial innovation. Every country has its own set of payment options, yet there is no....