Bitcoin Platform Coinify Expands Service to 34 Countries
Denmark-based bitcoin platform Coinify has announced its expansion within the Single Euro Payments Area (SEPA) network, enabling customers in 34 countries to buy and sell the digital currency. SEPA is a European Union (EU) payment integration scheme that aims to ease euro denominated bank transfers between 28 EU member countries as well as Iceland, Norway, Liechtenstein, Switzerland, Monaco and San Marino. Christian Visti Larsen, chief financial officer at Coinify, told CoinDesk: "Coinify has two operation legs, one for payment service providers and one for traders. The expansion within....
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Bitcoin payments processor Coinify has been able to acquire is competition Coinzone, allowing it to expand its reach to the European market. Coinify is based in Denmark and has roughly 8,000 customers prior to the deal, which could bump it up to at least 10,000. According to Coinify CFO Visti Larsen, he purchase comes as his firm is seeking to shift its focus from acquiring individual merchants to payment service providers (PSPs). He shared that Coinfiy plans to replicate a model invoked by its US peer Bitnet by partnering with larger entities that provide bitcoin payments processing....
Coinify, a Danish bitcoin exchange and bitcoin payment processing platform is expanding its platform to all 36 EU member states under the Single Euro Payments Area (SEPA) including Monaco, Malta, Iceland and Croatia. The SEPA project was initiated in February of 2014, with an aim to make cross-border Euro transfers equivalent to a domestic transfer in a country. Exact description of the project is "To improve the efficiency of cross-border payments and turn the fragmented national markets for euro payments into a single domestic one." Coinify plans to expand its services to the countries....
Coinify, a Denmark based Bitcoin payment processor has entered into a Payment Service Partnership agreement with PensoPay to provide secure, fraud-free payment settlements in fiat currency to its customers. With this partnership, Coinify has efficiently extended its distribution channel. The agreement, effective as of March 15, 2015 allows PensoPay to advertise and sell Coinify's solution along with their product. By including Coinify's Merchant Solution along with its POS and online payment gateway solutions, PensoPay can now offer its customer a seamless way to receive settlements in....
Bitcoin merchant payment gateway and financial solutions provider Coinify has announced a partnership with online payment service provider Payssion. The partnership with Hong Kong-based Payssion will allow Coinify to expand its services and target a wider range of users in SouthEast Asia, Europe, Latin America, the Middle East and Africa by enabling all merchants of the online platform to accept bitcoins. "Bitcoin is a revolution for the global payments space, making the payments easier and less costly. Bitcoin and blockchain currencies supplement our global payments method services well,....
At the Money20/20 Europe Conference last week, Coinify announced a partnership with iSignthis which will enable users to purchase Bitcoin on the Coinify platform via major credit cards. Through directly tying a user’s identity to transactions, the move signals a strong and legally compliant synergy, one which will likely prove to be a fantastic case study for the industry. As the Coinify press release read, “In a world first, identity will be able to be linked by end users to transactions, in order to meet AML/CTF regulations for customer due diligence and KYC.” The move to accept credit....