GoCoin, an international cryptocurrency payments platform, and Ziftr, an ecommerce and credit card processing company, announced a strategic merger today. GoCoin and Ziftr hope to tackle the hybrid-payments space where cryptocurrency, local currency, businesses, and customers come together in e-commerce transactions.
GoCoin brags the third world spot for cryptocurrency powered transactions, and is the only major processor for Litecoin, Dogecoin, Tether, and other experimental currencies, in addition to Bitcoin. The processor serves over 7,500 merchants and claims over 500 new signups monthly.
Ziftr recently launched ZiftrPAY, a cryptocurrency and credit card payment platform. In addition, the company has also launched ZiftrCOIN, a coupon coin designed to bridge the gap between cryptocurrencies such as bitcoin and mainstream customers, and ZiftrWALLET, a mobile cryptocurrency wallet that stores multiple cryptocurrencies and embeds credit card payments with an eye for incentivizing cryptocurrency use.
Cryptocurrency adoption is all about incentives
Steve Beauregard, founder and CEO of GoCoin argues that when it comes to incentives, Bitcoin has a major adoption problem.
According to SiliconANGLE‘s own research this appears to be true. Over the past year, Bitcoin adoption has been flattening—although previous years had seen noted increases in adoption, and increased use during Bitcoin Black Friday,