Following the news that former SEC Chairman Arthur Levitt has given the metaphorical thumbs up to two Bitcoin technology companies, the North American regulatory approvals continue, this time with Bitcoin e-commerce processing company GoCoin LLC having 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 a prominent commerce platform that allows anyone to easily sell online, in store, and at physical retailers with technological innovators such as Tesla Motors on its books.
Reported by US national financial markets regulator FINRA, the announcement stated that 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, with full instructions available by clicking here.