Bitcoin Processor GoCoin Adds Fiat Payout Options
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
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RE/MAX London, the UK-based franchisee of RE/MAX Europe, is now accepting bitcoin, litecoin and dogecoin as payment for property rentals through a partnership with processor GoCoin. The decision enables RE/MAX's 16 London offices to accept the payment method, a move the franchise said would benefit both itself and its tenants. The franchise manages several hundred properties, mainly in central London. Peggy Su, regional director at RE/MAX London, framed the deal as one that would bring the efficiencies of new payments technology to her operations. Su said: "RE/MAX is the most productive....
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 announced a partnership with Apriva, a major payment processor, to enable Bitcoin payments for Apriva's more than 1,000 clients. International altcoin and Bitcoin payment processor GoCoin has formed a new partnership with Apriva, a major point-of-sale payment processing solutions company, to bring altcoin and Bitcoin payment options to Apriva's more than 1,000 channel partners. GoCoin Partnership Brings Altcoin and Bitcoin Payment Option to More than 1,000 Companies. Merchant acceptance is vital for the long-term growth of Bitcoin and other cryptocurrencies. GoCoin is one of several....
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....
Digital currency payments processor GoCoin has received a new strategic investment from US-based mining company GAW Miners. The move represents the latest investment for the Singapore-based service, which offers merchants payments options in bitcoin, as well as a number of digital currencies. GoCoin declined to disclose the amount, but called the investment "meaningful". GoCoin has received investments from a number of companies in the bitcoin space, including bitcoin mining giant BitFury and e-commerce platform Bitcoin Shop. According to GoCoin, the funds will be used to continue....