SANTA MONICA, CA – GoCoin LLC, the first e-commerce payment solution for processing bitcoin and emerging digital currencies, today announced a partnership with Shopify to provide the company’s 120,000+ retailers the option to accept cryptocurrencies like Bitcoin, Litecoin and Dogecoin at checkout. Shopify is the leading commerce platform that allows anyone to easily sell online, in store, and everywhere in between.
The U.S. Census Bureau reports e-commerce sales have increased 15.7% since the second quarter of 2013, and expects this number will continue to rise. As more consumers start making online purchases, successful e-retailers will be prepared with the latest alternative payment methods.
“We’re always looking for new technologies that will help our merchants run their businesses and increase sales,” said Louis Kearns, Product Director, Integrations, Shopify. “The partnership with GoCoin provides anyone on our platform with the option to accept multiple cryptocurrencies.”
“Thousands of cryptocurrencies have entered the market since bitcoin’s inception, and new altcoins are launched every day,” says Steve Beauregard, co-founder and CEO of GoCoin. “GoCoin helps online merchants avoid shopping cart abandonment by quickly and easily offering the latest digital currencies as payment options.”
Shopify merchants interested in accepting cryptocurrency payments can go live with GoCoin in less than five minutes. For setup instructions, visit: http://help.gocoin.com/kb/
GoCoin is the first international payment platform for bitcoin and emerging digital currencies, making it easier than ever for online and retail merchants to accept Bitcoin, Litecoin, and Dogecoin at checkout. GoCoin insulates merchant operators from the complexities and volatility of alt-currencies by settling transactions in the currency of their choice. Founded in July 2013, GoCoin is an international group of companies with offices in Singapore, London, Douglas, Boston and Santa Monica. For more information, please visit http://www.gocoin.com.
Shopify is a commerce platform that allows anyone to easily sell online, at their retail location, and everywhere in between. Shopify offers a professional online storefront, a payment solution to accept credit cards, a point of sale system to power retail sales and a card reader to process credit card transactions through a mobile phone. Shopify currently powers over 120,000 retailers in 150 different countries, including: Tesla Motors, Gatorade, Google, Wikipedia, LA Lakers, CrossFit, Economist, Mozilla, Budweiser, and many more. Shopify was founded in 2006 and has received $122 million in funding from OMERS Ventures, Insight Venture Partners, Bessemer Venture Partners, FirstMark Capital, Felicis Ventures, and Georgian Partners. http://www.shopify.com.