In an announcement, Coinpayments.net says that it is offering Canadian dollar fiat settlements to all of their verified merchants. The service is now available to over 13,000 Coinpayments.com merchants via the Company’s 100% owned Cointrader.net Bitcoin Exchange. This is expected to help a large number of users who were waiting for such service.
Nonetheless, the press release from the company says that for the past few months, the company has been working with the team at Coinpayments Inc. of which Newnote holds a 20% equity position, to deliver this latest integration which offers merchants using Coinpayments.com as a payment processor.
This payment processor according to the firm automatically sell their Bitcoin balances on Cointrader.net and settle via e-transfer or direct ACH transfer to their bank account. Additionally, here merchants can accept 55 different crypto-currencies using one of the 25 popular shopping cart plugin Coinpayments offers.
In a statement issued to media the company informs that Coinpayments has enabled merchants to instantly exchange one coin for another via Shapeshift.io, an API platform that provides instant Bitcoin and Altcoin conversion. Additionally, as US Dollar settlement will be available in the near future, a lot of customers are expected to benefit from it.
Talking at the event, President and CEO of Coinpayments Inc. Alex Alexandrov stated that he is loves crypto but recognizes that purchasing Bitcoin can be often a challenge. Therefore, according to him his is looking to make it super easy with the help of the solution that his company is going to offer for customers.
He admitted that very soon users will be able to simply buy Bitcoin online via Interac Online Checkout on the site via the partnership with Bluzelle.com. Additionally, he informed that the team is very excited to bring more people into the crypto world by breaking down barriers and allowing them to participate.
The Company Accepts 55 Cryptocurrencies
Coinpayments Inc. that operates from Vancouver Canada, is the third largest payment processor and the only company accepting 55 crypto-currencies. Thus, it is quite attractive a solution provider for the customers who wish to have multiple choices when it comes to cryptocurrencies not just Bitcoin.
Needless to say Coinpayments Inc. which has over 13,000 merchants in 146 countries worldwide has been serving the customers with a small team of crypto enthusiasts pride themselves by outperforming the large funded competitive players.
They not just have a vision and goal of making crypto broadly accessible to the both consumers & merchants but the technical knowhow as well.
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