GoCoin, Ziftr announce merger agreement

ziftrcoin logoziftrcoin logoBlockchain payment processor GoCoin and e-commerce firm Ziftr announced Wednesday they have reached an agreement to proceed with strategic merger discussions.

The companies said in a press release that they are “equipped to swiftly surpass Coinbase and BitPay in the digital currency space and aggressively take on Stripe as a hybrid traditional and digital currency payments powerhouse with a built-in customer loyalty program.”

GoCoin is the third leading blockchain payment processor in the world and the only major platform processing Dogecoin, Litecoin, Tether, and new experimental coins in addition to Bitcoin. The company has more than 7,500 merchants, with more than 500 new registrations per month. GoCoin has attracted top brands such as PayPal, Shopify, and CheapAir. The Los Angeles-based company has gained recent traction with entertainment companies such as Lionsgate Films, and additional entertainment and ticketing industry companies live in test markets before announcing a broader offering.

New Hampshire-based Ziftr recently launched ziftrPay, a digital currency and credit card payment platform and customer loyalty program that tokenized credit card data to allow for highly secure transactions. Late last year, the

Read more ... source: CoinReport