Igot Takes on Coinbase With Bitcoin Merchant Payment Launch
Australian exchange Igot is aiming to rival bitcoin payment giants Coinbase and BitPay with the launch of its own international merchant solution. Igot's platform will enable e-commerce and brick-and-mortar merchants to integrate bitcoin payments in almost 40 countries and transact in 10 different fiat currencies. Rick Day, Igot's founder, said: "Accepting bitcoin through Igot has multiple advantages for merchants. Perhaps most importantly, bitcoin is a free marketing tool that is likely to increase overall revenue. This is a win-win situation for merchants and the bitcoin community." Igot....
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igot launches Bitcoin merchant solution. The Australian Bitcoin exchange igot has announced the launch of the igot Merchant Solution, a service that allows both e-commerce providers and brick-and-mortar stores to accept bitcoins for goods and services. The igot Merchant Solution comes with a fixed transaction fee of half a percent. igot has continued to grow globally. The company that is present in close to 40 countries would seem to be emerging as a key player in the bitcoin merchant solutions area. Through the latest product offering, igot also signals intent to the major players BitPay,....
The bitcoin payment processing space continues to get more crowded with the launch of merchant services by igot, a bitcoin exchange based in Australia. This new service will put the company head-to-head with some of the largest payment processors in the market. "Accepting bitcoin through igot has multiple advantages for merchants. Integration take just minutes, and it protects businesses from both credit-card chargebacks and price volatility," said Rick Day, co-founder of the company, in a statement. The company believes it has a competitive advantage because it can facilitate cross-border....
Australian Bitcoin Exchange Igot recently added payment processing solutions to its range of services. The decision eventually brought its brand in line with other payment solution companies like BitPay and Coinbase. Soon upon the launch, Igot has opened its real time payment settlement services for e-commerce and street-side businesses around the world. It will be converting Bitcoin payments instantly to 10 different fiat currencies, including the highly volumed ones like Indian Rupee. As we believe, this one feature could actually help Igot land its Bitcoin services inside the....
Australia-based igot has announced the next phase of its bid to be the "fastest-growing bitcoin exchange in the world", opening for business in over 40 countries including the European Union and parts of the Middle East and Africa. CEO Rick Day told CoinDesk the exchange has "solid banking relationships" in the EU, saying there are now over 100 banking options for users to choose from. As well as the EU, igot indicated that it has also secured a partnership in Kenya and will launch there in the very near future. Kenyan customers will able to cash out from their igot accounts directly to....
San Francisco-based bitcoin broker and merchant services provider Coinbase announced on Thursday that they are now supporting the BIP:70 Bitcoin Payment Protocol. As provided by Coinbase, the following are features that make the Protocol useful: Human-readable, secure payment destinations- customers will be asked to authorize payment to a payment processor identified as "example.com" (or "Example, Inc." if an extended validation certificate is used) instead of an inscrutable, 34-character Bitcoin address. Secure proof of payment, which the customer can use in case of a dispute with the....