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…
Read MoreTag: CoinPayments News
CoinPayments “Dream Team” Keeps Growing, Naming Jason Butcher as New CEO
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…
Read MoreComprehensive Cryptocurrency Store Directory
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…
Read MoreCoinPayments iOS App has Arrived!
It is with great pleasure that we announce the release of our much-anticipated CoinPayments iOS App! Available for download now in Apple iTunes, this new arrival is a testament to the CoinPayments initiative of building the most advanced mobile experience for retailers and consumers. Our mobile wallet serves as the catalyst for our entirely new focus — transforming how consumers buy products in-store and online, with cryptocurrency. Since the release of the Google Play Store CoinPayments App in 2016, the number of app users have grown an average of 300%…
Read MoreCoinPayments $30m Series A Raise Live Now
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…
Read MoreBitTorrent Integrates 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…
Read MoreStable Coin Payment Processing
CoinPayments is proud to announce the integration of three new stable coins into the CoinPayments ecosystem: TrueUSD (TUSD), USD Coin (USDC), and Gemini Dollar (GUSD). Merchants across the globe will be able to accept payments in these coins, bringing the total number supported through our stable coin payment processing up to four on the CoinPayments platform. With the recent volatility in the market showing the inherent risk in transacting with typical cryptocurrencies and holding on to them as they devalue, we are eager to give our loyal merchants the option…
Read MoreGAP600
Immediate Deposits and Payments for a Seamless Customer Experience It’s been 5 years since CoinPayments opened the doors to global crypto payment processing, and during this time, we’ve gained valuable input from our users and managed to apply the necessary technology to provide solutions to some of the issues that arise from the daily use of cryptocurrencies, such as slow confirmation times. As more merchants and vendors began trading and purchasing assets with cryptocurrencies, the delay for a transaction to be confirmed on the blockchain, increasingly became one of the…
Read MoreERC20 Token Payment Processing – Powered by CoinPayments
CoinPayments is proud to announce that we are the first payment solutions company to offer ERC20 token payment processing! This is massive news because we’re now enabling companies to increase the adoption of their tokens through merchants accepting payments using our ERC20 payment gateway. This was a complex project for CoinPayments because payments need to be linked to transactions and transactions linked to accounts. Unfortunately, there’s no current tag available on the Ethereum blockchain to do so, hence the extra work we had to do to create a workaround. And…
Read More