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October 30, 2014updated 04 Apr 2017 4:05pm

GoCoin partners with Shopify to offer cryptocurrency payments option

GoCoin has partnered with online e-commerce platform Shopify to provide the latter’s 120,000 retailers the option to accept cryptocurrencies like Bitcoin, Litecoin and Dogecoin at checkout.

By Verdict Staff

GoCoin has partnered with online e-commerce platform Shopify to provide the latter’s 120,000 retailers the option to accept cryptocurrencies like Bitcoin, Litecoin and Dogecoin at checkout.

Louis Kearns, product director, integrations at Shopify, said: "We’re always looking for new technologies that will help our merchants run their businesses and increase sales.

"The partnership with GoCoin provides anyone on our platform with the option to accept multiple cryptocurrencies."

Steve Beauregard, co-founder and CEO of GoCoin, said: "Thousands of cryptocurrencies have entered the market since bitcoin’s inception, and new altcoins are launched every day.

"GoCoin helps online merchants avoid shopping cart abandonment by quickly and easily offering the latest digital currencies as payment options."

According to the US Census Bureau, e-commerce sales rose 15.7% since the second quarter of 2013, and this number will continue to rise in future, as more consumers start purchasing products online.

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