Do you want to accept bitcoin payments risk-free? Coinify is a secure online platform that offers an easy way to buy and sell bitcoin, as well as virtual currency payment processing. This review will give a walkthrough Coinify wallet and its services.
Coinify Wallet Review
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Coinify was founded in 2014 and it’s headquarter is situated in Denmark.
It operates to span the use of digital currencies. However, this is accomplished by providing favorable circumstances to buy and sell Bitcoin. Besides, to accept Blockchain currency payments.
Coinify ApS behaves as a service provider for payment with the main intention on stretching the blockchain currency payment processing as well as presenting the best services to customers. Therefore, it delivers universal Payment Service Provider, online active business shops and individuals.
However, it is a prevailing player on the European market and is regularly spanning into Asian and universal market.
It settles the ‘Innovation lab’ to create different blockchain-based Proofs-of-Concept for financial institutions (such as Nets).
Its Merchants solution supports blockchain considering bitcoin universally with an option to receive payouts in local currencies.
Whereas, Custom API and shopping cart plugins enables smooth and continues integration for online business, while as for on-site payments, physical shops can adopt the Coinify POS mobile application.
This also accepts blockchain payments risk-free.
If you want to sell products/services for €100 using the Coinify platform, the transaction the fund is directly converted to digital currencies such as Bitcoin, and the customer can pay using the wallet of their choice.
Henceforth, the platform provides you the best exchange rate and €100 will be transferred to your payout or bank account of your choice.
However, Coinify Point of Sale allows you to accept the Blockchain payment globally. This is accomplished, when you are driving, your own shop, sell at markets, offer services from an office, or sell personal belongings from time to time.
Payment Service Provider Benefits
Payment Service Provider is tailored by the Blockchain payment product. Therefore, as it handles all technical and legal issues that occur.
Since, your merchant can obtain the payment from any country in the world.
- Accept blockchain payments and get paid in other currencies like Euros, Dollars, kroner and many more.
- Merchant will receive cash in their bank account within 48 hours.
- No cost for setup
- There is no chargeback
- Zero transaction fees for merchant
- A Zero registration fees
- Unlimited Processing
- No chargebacks
If any customers want to pay you, for that customer needs to own Bitcoin wallets and should have some Bitcoin in it. Hence, Bitcoin wallets are apps that can be installed on your devices (tablet, smartphone or computer) which store your Bitcoin.
Therefore, the below link provide more information about how to create a new bitcoin wallet for Android and for iPhone/iPad
Once you have done your integration, and when customer visit your website and choose to pay with Bitcoins, then you will notice a hosted Coinify payment window.
Then your customers have two options that are either to scan the QR code or tap the “Pay using Bitcoin client button”. Then, the process of the payment will be completed successfully.
You can find the detail information about each payment on your dashboard when you login to your account.
The exchange provides seamless integration between your online store and bitcoin payments. Thus, you can choose any of the payment plugins for the most solutions in e-commerce.
With the help of Coinify’s open source Prestashop Plugin accepts the Bitcoin on your Prestashop-based website.
Bitcoin is accepted on OpenCart since on e-commerce website by keeping back Coinify’s OpenCart Plugin.
Coinify’s open source WHMCS plugin boost since to accept the bitcoin on your WHMCS based e-commerce website.
ZenCart based e-commerce website thus accepts the bitcoin by taking support of the Coinify’s open source ZenCart Plugin
Accept Bitcoin on your WooCommerce-based e-commerce website with Coinify’s open source WooCommerce Plugin.
OSCommerce plugin used to accept the Bitcoin on your OSCommerce website.
- Box Billing
Plugin for connecting X-Cart with coinify.com
Therefore, accept Bitcoin on your X-Cart Ecommerce based site with Coinify’s open source X-Cart Plugin.
Coinify Wallet Trading Solutions
The platform provides a Wallet API that allows users buy and sell Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Bitcoin SV (BSV) and Stellar lumens (XLM). Become a wallet partner and allow your blog visitors to trade using Coinify wallet.
- July 17, 2019: Coinify provides ethereum gateway for argent crypto wallet users
- Feb 12, 2019: Coinify adds BCH, BSV and XLM on rebranded exchange service
Operating since 2014, Coinify is an European entry-level crypto exchange, which also provides merchant services.
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