CoinGate, the leading European crypto payment gateway announced on January 10 a business tie-up with Wix. World’s most popular website builder, Wix can now accept payments in cryptocurrency from customers via CoinGate.
With this partnership, Wix will be able to provide its users with an advanced payment gateway that allows them to accept Bitcoin, Bitcoin Cash, Litecoin and Ethereum as a payment method for their online products and services. This partnership also allows Wix users to take advantage of the benefits offered by cryptocurrencies like transparency, low transaction fees and high speed transactions.
This partnership comes at a time when there is an increasing interest among businesses to accept digital currencies as a form of payment from their customers. According to CoinGate CEO Andrei Aisylu, this move will allow Wix users to benefit from being able to accept more than just traditional forms of payments using their Wix platform.
For its part, CoinGate has been working hard since its inception in 2014 to make it easy for merchants around the world to accept cryptocurrencies as a form of payment for their products and services without any hassle or complications involved in doing so. With this new partnership with Wix, CoinGate aims at providing its
Wix has partnered with CoinGate to allow users to pay for services in Bitcoin (including Lightning Network payments), and 70 other cryptocurrencies.
This service is only available in Germany, Lithuania, Spain, and the Netherlands.
On the other hand, merchants can withdraw their collected profit in Euros, US Dollars, British Pounds, and other currencies into a bank account or keep coins as they are.
The digital asset payment platform will allow Wix users to collect, process, and convert cryptocurrencies to fiat currencies and vice versa.
CoinGate CEO Justas Paulius has faith that this tie-up will inspire more businesses to take advantage of cryptocurrency markets by allowing them to serve a larger number of customers who either only use cryptocurrencies or do not have access to traditional payment methods like banks and credit cards.
He said: “Our goal is to give all people a way to participate in global economies, regardless of whether they own a bank account or use credit cards, while providing merchants with a convenient way to serve them. I believe our partnership with Wix brings us one step closer to our goal.”
The CEO further added: “With more than 300 million cryptocurrency users around the world
Compiled by Coinbold