Category: Announcements

Major Win for CoinPayments as HODLTech Secures Canadian FMSB Status

CoinPayments

CoinPayments released news this week, announcing a longer term partnership with leading digital wallet infrastructure supplier and custodianship services HODLTech. Working with CoinPayments since 2018, Estonia-based HODLTech also announced this week its approved registration as a Foreign Canadian Money Services Business (FMSB). What Does the News Mean for Our Users? Due to the new regulatory status, HODLTech is now more attractive to new partnerships, in particular for crypto-to-fiat settlement services. In other words, more liquidity options for users when it comes to crypto payments. Users and merchants can also rest…

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CoinPayments’ Jason Butcher to Speak at Virtual Blockchain Summit 2020

CoinPayments
CoinPayments at Virtual Blockchain Summit - Blockchain events

The 2020 Virtual Blockchain Summit takes place this week, and CoinPayments’ CEO Jason Butcher is set to be a panelist at the event. You won’t want to miss his discussion on the Crypto Exchanges Infrastructure Challenges Panel alongside SEON’s Tamas Kadar, Shrimpy’s Micheal McCarty, Finery Tech’s Ilia Drozdov and Orion Protocol’s Kal Ali. The panelists will share their thoughts on the risks associated with crypto exchanges, cost optimization strategies through automation, and liquidity options in the industry. Join CoinPayments at the 2020 Virtual Blockchain Summit on June 11 at 9:30…

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CoinPayments Develops Integration for Shopify

CoinPayments

As part of our aggressive expansion strategy, CoinPayments is extremely proud to announce a successful integration for the Shopify platform. The goal of our integration for Shopify is to provide an alternative payment option for their merchants and expand the adoption of cryptocurrencies. Our platform allows merchants using Shopify to accept cryptocurrencies among other payment methods in exchange for their goods and services. Shopify is a multichannel commerce platform for online stores across multiple sales channels, including web, mobile, social media, marketplaces, brick-and-mortar locations, and pop-up shops. With CoinPayments’ leadership…

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CoinPayments “Dream Team” Keeps Growing, Naming Jason Butcher as New CEO

CoinPayments
CoinPayments CEO Jason Butcher

In a continued effort to make significant strides for the payments industry, CoinPayments has recently appointed a new CEO. Introducing Jason Butcher, CoinPayments’ former Chief Operating Officer since 2017, and previously its advisor since 2015. His successful track record in boosting CoinPayments’ monthly transactions to more than US$100 million and solid performance throughout his five years at the company is a testament to his strategic vision and focus on continued growth. “For businesses large and small, paying with cryptocurrency has evolved from a novel concept into a trusted, secure and…

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CoinPayments Integrates Gift Card Purchases Onto Platform

CoinPayments

One of the ongoing narratives for cryptocurrencies is that there is no practical use for them in the retail sector, citing slow transaction confirmation times at checkout and price volatility risk for merchants as primary factors. While this may have held true during the early days of cryptocurrency adoption, many of these issues have been resolved with the creation of tokens with near-instant confirmation times, or tokens that are pegged 1:1 to fiat currencies. Nonetheless, the status quo still believe there is inherent risks in paying with and/or accepting cryptocurrencies…

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Comprehensive Cryptocurrency Store Directory

CoinPayments

Even though we are 10 years into the creation of a cryptocurrency market, there is still a lack of information for the general user of digital currencies. Cryptocurrency as a method of payment is still not as common as traditional cash/debit/credit cards used by the average person, and since more cryptocurrency holders choose to trade and speculate, this has hindered adoption from lack of spending. This creates a situation where it’s difficult to find companies that will accept cryptocurrency as payment and with so many holders of cryptocurrency, it would…

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Special Rate for Coinmotion Fiat Settlement

CoinPayments

CoinPayments is happy to announce that one of our fiat settlement providers – Coinmotion – is now offering our users a special discounted rate on their fiat settlement fees! The new rate, effective immediately, is only 0.5% for fiat settlements to EURO. All CoinPayments merchant accounts are eligible for this special rate, so start saving on your settlement fees today! How to Get the New Discounted Rate? This special discounted fee can be applied to your Coinmotion account by either sending a message to Coinmotion support (available when logged in)…

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CoinPayments $30m Series A Raise Live Now

CoinPayments

Since 2013, CoinPayments has been a pioneer in the crypto space being the first payment processor to provide support for Litecoin and Ethereum. While other payment gateways focused purely on Bitcoin, CoinPayments saw an opportunity to become the leading altcoin payment processor in the crypto space. Since inception, CoinPayments has seen a year over year growth of approximately 10x, culminating in close to $1 billion in business transaction volume and an additional $1.3 billion in consumer transaction volume in 2017! Today, CoinPayments supports over 1,000 altcoins for a userbase of over…

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BitTorrent Integrates CoinPayments

CoinPayments

We at CoinPayments are happy to announce our successful integration with BitTorrent, enabling its 100M+ users to pay with cryptocurrencies such as Bitcoin (BTC), TRON (TRX) and Binance Coin (BNB). The integration pairs one of the largest decentralized applications with leading decentralized currencies. CoinPayments has supported TRX payment processing since TRON launched its main net and we are pleased to provide crypto payment support for their newly acquired company, BitTorrent. For customers who wish to purchase premium BitTorrent products using leading cryptocurrencies, CoinPayments helps provide a secure solution. About BitTorrent…

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