Dominyka is a Copywriter at CoinGate. During her career as a copywriter, journalist, and communication specialist, she had the opportunity to handle a wide range of topics, from human rights to lifestyle articles, technology, and now crypto. She sees the importance of new technologies spread and a need for educational and usable content.

Vilius is a seasoned copywriter and bitcoin enthusiast specializing in blockchain and cryptocurrency topics. He's been with CoinGate since 2018, writing blogs, social media content, sales materials, newsletters, FAQs, and more. He's relentless in pursuing knowledge and a better understanding of the crypto industry, which helps him create meaningful and engaging content every day.

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Buy digital assets like Bitcoin, Litecoin and others with credit or debit card and get them straight to your wallet within the 24 hours – no registration is needed! 

<a class="keychainify-checked" style="color: #000000;" href="https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card.png"><img loading="lazy" class="alignright size-full wp-image-3502" src="https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card.png" alt="buy btc with credit card" width="1200" height="627" srcset="https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card.png 1200w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-150x78.png 150w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-300x157.png 300w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-768x401.png 768w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-1024x535.png 1024w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-860x449.png 860w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-680x355.png 680w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-500x261.png 500w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-400x209.png 400w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-200x105.png 200w, https://wp-blog-assets.coingate.com/2018/04/buy-crypto-with-credit-card-50x26.png 50w" sizes="(max-width: 1200px) 100vw, 1200px" /></a>
This step-by-step guide will walk you through the whole process of buying cryptocurrencies with either MasterCard or Visa. Your first purchase will usually take up to a half hour due to first-time verification procedures. To start, <a class="keychainify-checked" href="https://buy.coingate.com/">click here</a>.
Mind that consecutive purchases will not require you to verify the phone number, email and, in some cases, ID again, so the process will naturally get quicker the next time.
Also, the recent update now allows saving card details as part of the Simplex checkout flow, which means that returning users only need to enter their CVV to complete a transaction!
<h3 style="text-align: justify;">Here’s what you need to be prepared:</h3>
<ul style="text-align: justify;">
<li>Cryptocurrency wallet, or the address of cryptocurrency you intend to buy. (<a class="keychainify-checked" style="color: #ff6600;" href="https://coingate.com/blog/post/cryptocurrency-wallets-btc-ltc-eth-bch">see our post here for a quick and easy wallet guide</a>);</li>
<li>Credit or debit card;</li>
<li>Mobile phone to take a selfie;</li>
<li>Scanned or photographed images of your passport / national ID card (both sides) / driver’s license (both sides).</li>
</ul>
Helpful hint: If you have the option of using a debit card, there is a higher success rate that the transaction will be approved by the banks.
<h2 style="text-align: justify;">How to buy crypto with a credit card: a step-by-step guide 
</h2>
<h3 style="text-align: justify;">Step #1: Visit <a class="keychainify-checked" style="color: #ff6600;" href="https://buy.coingate.com">a dedicated page</a> and do the following:</h3>
<ol>
<li style="text-align: justify;">Select the cryptocurrency you want to buy (+150 options available);</li>
<li>Select your local fiat currency to pay with;</li>
<li style="text-align: justify;">Enter the purchase amount;</li>
<li style="text-align: justify;">Provide your wallet address; </li>
<li style="text-align: justify;">Click ‘Go To Checkout’.</li>
</ol>
<img loading="lazy" class="aligncenter wp-image-5978 size-full" src="https://wp-blog-assets.coingate.com/2018/04/2e8454dc-credit-card-simplex.png" alt="buy crypto with credit card" width="429" height="506" srcset="https://wp-blog-assets.coingate.com/2018/04/2e8454dc-credit-card-simplex.png 429w, https://wp-blog-assets.coingate.com/2018/04/2e8454dc-credit-card-simplex-254x300.png 254w, https://wp-blog-assets.coingate.com/2018/04/2e8454dc-credit-card-simplex-127x150.png 127w" sizes="(max-width: 429px) 100vw, 429px" />
<h3 style="text-align: justify;">Step #2: Provide payment information 
</h3>
Enter your credit/debit card information, personal details and billing information. Make sure your card details match the billing address. It is also crucial that you include a correct phone number and email address as in later steps, you will receive verification codes.
In this window, you can also see the amount your card will be charged in selected local currency. The purchase will appear as Buyeglcom-Simplex or Simplex_Paybis in your card statement. Check the box (if you agree to terms and privacy policy), and then click Continue.
Note that you will not be billed just yet – your card will be checked for the required purchase value, and you will then have to proceed to ID verification.
<h3 style="text-align: justify;">Step #3: Verify your credentials 
</h3>
You will now have to verify your email address and phone number. You only need to do it once – if you intend to make more purchases in the future, you won’t have to provide this information again.<img loading="lazy" class="aligncenter size-full wp-image-4625" src="https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50.png" alt="simplex credit card checkout" width="1095" height="667" srcset="https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50.png 1095w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-150x91.png 150w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-300x183.png 300w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-768x468.png 768w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-1024x624.png 1024w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-860x524.png 860w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-680x414.png 680w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-500x305.png 500w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-400x244.png 400w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-200x122.png 200w, https://wp-blog-assets.coingate.com/2018/04/3c0af80f-screenshot_from_2020-12-16_10-52-50-50x30.png 50w" sizes="(max-width: 1095px) 100vw, 1095px" />
Check your inbox for an email confirmation link, and expect a text message with a 4-digit code that you will have to enter on-screen, or a phone call if you indicated a landline number. When you confirm your email address and phone number, the red X marks will turn into check marks, and you can proceed by clicking Continue. 
<a class="keychainify-checked" style="color: #000000;" href="https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3.png"><img loading="lazy" class="aligncenter size-full wp-image-2049" src="https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3.png" alt="Buy bitcoins with card" width="908" height="431" srcset="https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3.png 908w, https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3-150x71.png 150w, https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3-300x142.png 300w, https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3-768x365.png 768w, https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3-860x408.png 860w, https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3-680x323.png 680w, https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3-500x237.png 500w, https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3-400x190.png 400w, https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3-200x95.png 200w, https://wp-blog-assets.coingate.com/2018/04/buy_cryptocurrencies_with_card_step3-50x24.png 50w" sizes="(max-width: 908px) 100vw, 908px" /></a>
<h3 style="text-align: justify;">Step #4: Verify your identity 
</h3>
Now, it’s time to pass a quick KYC verification process. First, select the document you wish to upload. Depending on the country you’re in, you will be provided with several choices. Possible options: passport (double-page), national ID card (both sides), or driver’s license (both sides).<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2018/04/41.png"><img loading="lazy" class="alignright size-full wp-image-3510" src="https://wp-blog-assets.coingate.com/2018/04/41.png" alt="quick kyc buy btc" width="1300" height="700" srcset="https://wp-blog-assets.coingate.com/2018/04/41.png 1300w, https://wp-blog-assets.coingate.com/2018/04/41-150x81.png 150w, https://wp-blog-assets.coingate.com/2018/04/41-300x162.png 300w, https://wp-blog-assets.coingate.com/2018/04/41-768x414.png 768w, https://wp-blog-assets.coingate.com/2018/04/41-1024x551.png 1024w, https://wp-blog-assets.coingate.com/2018/04/41-1240x668.png 1240w, https://wp-blog-assets.coingate.com/2018/04/41-860x463.png 860w, https://wp-blog-assets.coingate.com/2018/04/41-680x366.png 680w, https://wp-blog-assets.coingate.com/2018/04/41-500x269.png 500w, https://wp-blog-assets.coingate.com/2018/04/41-400x215.png 400w, https://wp-blog-assets.coingate.com/2018/04/41-200x108.png 200w, https://wp-blog-assets.coingate.com/2018/04/41-50x27.png 50w" sizes="(max-width: 1300px) 100vw, 1300px" /></a>
Then, click the “Choose file” button and upload the selected document. 
Next up, fill in the identity document details, residential address, and click “Upload document”. 
In very rare cases, you might also need to:
<ul>
<li>3DS –  fill in a code that the bank will send to your phone to verify the transaction</li>
<li>Selfie – upload a selfie while holding your credit card. You’ll see instructions on how to do that if it’s necessary.</li>
</ul>
<h3 style="text-align: justify;">Step 5. Hold on! 
</h3>
You will see a message indicating that your payment request is being processed. This will take a few minutes, and you will receive an email once your payment is approved or declined.
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2018/04/6-fix.png"><img loading="lazy" class="alignright size-full wp-image-3511" src="https://wp-blog-assets.coingate.com/2018/04/6-fix.png" alt="crypto credit card buy" width="1215" height="414" srcset="https://wp-blog-assets.coingate.com/2018/04/6-fix.png 1215w, https://wp-blog-assets.coingate.com/2018/04/6-fix-150x51.png 150w, https://wp-blog-assets.coingate.com/2018/04/6-fix-300x102.png 300w, https://wp-blog-assets.coingate.com/2018/04/6-fix-768x262.png 768w, https://wp-blog-assets.coingate.com/2018/04/6-fix-1024x349.png 1024w, https://wp-blog-assets.coingate.com/2018/04/6-fix-860x293.png 860w, https://wp-blog-assets.coingate.com/2018/04/6-fix-680x232.png 680w, https://wp-blog-assets.coingate.com/2018/04/6-fix-500x170.png 500w, https://wp-blog-assets.coingate.com/2018/04/6-fix-400x136.png 400w, https://wp-blog-assets.coingate.com/2018/04/6-fix-200x68.png 200w, https://wp-blog-assets.coingate.com/2018/04/6-fix-50x17.png 50w" sizes="(max-width: 1215px) 100vw, 1215px" /></a>
If all goes well, your purchased cryptocurrency will reach your wallet in approximately an hour, depending on the blockchain congestion. On very rare occasions, some payments may take up to 24 hours and more to process.
If you want to check your payment status, please enter your payment ID <a class="keychainify-checked" style="color: #ff6600;" href="https://payment-status.simplex.com/#/">here.</a>
You can also contact Simplex Support for assistance at any stage by chat on the checkout page or at <a class="keychainify-checked" style="color: #000000;" href="https://www.simplex.com/support/">Simplex Support.</a>
Did you find this article useful? If so, take a second to subscribe to our blog so you would always stay informed of changes! All it takes is to enter your email down below. Also, don’t forget to check our <a class="keychainify-checked" style="color: #ff6600;" href="https://twitter.com/CoinGatecom">Twitter</a> once in a while where we share all the latest news.  Thanks!

Buy Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP, Binance Coin (BNB), XLM (Stellar), and Bitcoin Cash (BCH) with your credit or debit Card!

Buy Cryptocurrencies With Credit or Debit Card (updated 2022)

<div class="wp-block-image"><figure class="aligncenter"><img loading="lazy" width="2048" height="1072" src="https://wp-blog-assets.coingate.com/2018/04/image-3.png" alt="CoinGate milestones in 2018 - 200,000 payments processed" class="wp-image-1891" srcset="https://wp-blog-assets.coingate.com/2018/04/image-3.png 2048w, https://wp-blog-assets.coingate.com/2018/04/image-3-150x79.png 150w, https://wp-blog-assets.coingate.com/2018/04/image-3-300x157.png 300w, https://wp-blog-assets.coingate.com/2018/04/image-3-768x402.png 768w, https://wp-blog-assets.coingate.com/2018/04/image-3-1024x536.png 1024w, https://wp-blog-assets.coingate.com/2018/04/image-3-1920x1005.png 1920w, https://wp-blog-assets.coingate.com/2018/04/image-3-1680x879.png 1680w, https://wp-blog-assets.coingate.com/2018/04/image-3-1240x649.png 1240w, https://wp-blog-assets.coingate.com/2018/04/image-3-860x450.png 860w, https://wp-blog-assets.coingate.com/2018/04/image-3-680x356.png 680w, https://wp-blog-assets.coingate.com/2018/04/image-3-500x262.png 500w, https://wp-blog-assets.coingate.com/2018/04/image-3-400x209.png 400w, https://wp-blog-assets.coingate.com/2018/04/image-3-200x105.png 200w, https://wp-blog-assets.coingate.com/2018/04/image-3-50x26.png 50w" sizes="(max-width: 2048px) 100vw, 2048px" /></figure></div>







Our team is pleased to be in a unique position of facilitating and promoting blockchain adoption.&nbsp;In 2018, CoinGate has already processed 100,000 cryptocurrency payments for merchants – more than we did in the whole 2017. We are also proud to have crossed the 50,000 mark of registered users on our platform.



<h2>Two big CoinGate milestones!</h2>



Our history in comparison to many blockchain companies is not so short. While many are just now raising funds and building products, our platform is already under development since late 2014. Funded solely by our founders, during these 3 years we built a platform our team is truly proud of.



CoinGate has already processed 200,000 merchant payments&nbsp;since our inception. Although it was a slow start, we picked up the pace in 2016 and grew exponentially in 2017. By now, we believe to have become an important part of the crypto-economy. More than&nbsp;50,000 users have registered with CoinGate, and&nbsp;over 15,000 of them signed up just this year. We have no plans to stop, however – only to improve and grow further.



After explosive growth in 2017, the cryptocurrency market retraced from a total capitalisation of above $800 billion during its peak in January, back to $300 billion. With the market decline, we were, frankly, expecting the payment activity to slow down vastly. However, our order volumes and the interest of merchants in our services barely decreased.



Half of all our historical payments – 100,000 – happened this year, in less than 4 months!&nbsp;In fact, we managed to maintain our processed orders at over 800 a day, on average. Although blockchain technology itself might not have reached the “plateau of productivity” just yet, there does not seem to be a decreasing interest in accepting cryptocurrency payments, either. We honestly believe this year will be an even bigger year for cryptocurrencies in terms of business adoption.



<h2>Our accomplishments in 2018 so far</h2>



This pace of growth, with one milestone after another, is certainly the greatest reward we could ever expect. Now, receiving over 10,000 API requests a day, CoinGate caters for over a thousand active merchants, from small online stores to watch manufacturers to large game retailers. 



<div class="wp-block-image"><figure class="aligncenter"><img loading="lazy" width="300" height="300" src="https://wp-blog-assets.coingate.com/2018/04/coingate-partners-prestashop.png" alt="CoinGate partners with PrestaShop" class="wp-image-1908" srcset="https://wp-blog-assets.coingate.com/2018/04/coingate-partners-prestashop.png 300w, https://wp-blog-assets.coingate.com/2018/04/coingate-partners-prestashop-150x150.png 150w, https://wp-blog-assets.coingate.com/2018/04/coingate-partners-prestashop-200x200.png 200w, https://wp-blog-assets.coingate.com/2018/04/coingate-partners-prestashop-50x50.png 50w" sizes="(max-width: 300px) 100vw, 300px" /></figure></div>



With e-commerce as our main sphere of interest, we are highly enthusiastic about cryptocurrency-enabled everyday online shopping. Keeping this in mind, we went ahead and <a href="https://news.bitcoin.com/80000-new-merchants-in-europe-gains-option-to-accept-crypto/">partnered with PrestaShop</a> to give access to more than 80,000 online shops around Europe to accept cryptocurrency payments in a user-friendly way. Our aim, however, is to promote adoption of blockchain payments not just in Europe, but globally. With high certainty we can claim that we expect CoinGate to scale globally as early as this year!



Having passed the 50,000 user threshold, we are also expanding our offering of cryptocurrency trade services. Just in 2018 alone, we have made it possible to <a href="https://coingate.com/buy/credit-card">buy Litecoin, Ether, Dash and Bitcoin Cash</a>, in addition to Bitcoin, with multiple payment options, including credit cards or bank transfer, and our unique mobile credit purchase method. Also, we have recently introduced QQPay as a payment method, and direct bank transfer options for our international user base in Asia.



<h2>What are we working on right now</h2>



<div class="wp-block-image"><figure class="aligncenter"><img loading="lazy" width="750" height="938" src="https://wp-blog-assets.coingate.com/2018/04/paywithlitecoin-via-coingate.jpg" alt="Pay With Litecoin using CoinGate" class="wp-image-1902" srcset="https://wp-blog-assets.coingate.com/2018/04/paywithlitecoin-via-coingate.jpg 750w, https://wp-blog-assets.coingate.com/2018/04/paywithlitecoin-via-coingate-120x150.jpg 120w, https://wp-blog-assets.coingate.com/2018/04/paywithlitecoin-via-coingate-240x300.jpg 240w, https://wp-blog-assets.coingate.com/2018/04/paywithlitecoin-via-coingate-680x850.jpg 680w, https://wp-blog-assets.coingate.com/2018/04/paywithlitecoin-via-coingate-500x625.jpg 500w, https://wp-blog-assets.coingate.com/2018/04/paywithlitecoin-via-coingate-400x500.jpg 400w, https://wp-blog-assets.coingate.com/2018/04/paywithlitecoin-via-coingate-200x250.jpg 200w, https://wp-blog-assets.coingate.com/2018/04/paywithlitecoin-via-coingate-50x63.jpg 50w" sizes="(max-width: 750px) 100vw, 750px" /></figure></div>



At the start of the year, we set in motion our plan to become a payment processor for multiple native cryptocurrencies. We like to keep our promises, and so native Litecoin payment processing is already up and running on CoinGate! As keen supporters of the Litecoin team and community (as well as the <a href="https://twitter.com/search?src=typd&amp;q=%23PayWithLitecoin">#PayWithLitecoin</a> movement) we saw it only natural to make this cryptocurrency part of CoinGate.



Alongside Litecoin implementation, we gave a big facelift to our payment form, aiming to boost customer payment experience and conversions for merchants (have a peak at the bottom of this post). So far the feedback is great and we are aiming to further improve our platform’s UX in due course. Also, we released a brand new <a href="https://developer.coingate.com">API v2</a> and laid out the infrastructure to support future integrations of new blockchains.&nbsp;



Finally, but equally importantly, are also very keen on becoming the first (and only) cryptocurrency payment processor to implement Lightning Network payments for both Bitcoin and Litecoin! Being a focused, compact and agile team, we are great at doing things quickly. Not to spoil things too early, we will not give much more now, but it is going to be good!



Thank you for reading, and we welcome you to keep updated with our future announcements!



The CoinGate team



…and here is our new invoice design:



<div class="wp-block-image"><figure class="aligncenter"><img loading="lazy" width="1440" height="900" src="https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1.png" alt="CoinGate new invoice design - Bitcoin, Litecoin, 50+ other cryptocurrencies " class="wp-image-1906" srcset="https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1.png 1440w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-150x94.png 150w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-300x188.png 300w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-768x480.png 768w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-1024x640.png 1024w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-1240x775.png 1240w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-860x538.png 860w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-680x425.png 680w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-500x313.png 500w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-400x250.png 400w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-200x125.png 200w, https://wp-blog-assets.coingate.com/2018/04/CoinGate-new-invoice-design-Bitcoin-Litecoin-50-other-cryptocurrencies-1-1-50x31.png 50w" sizes="(max-width: 1440px) 100vw, 1440px" /></figure></div>

By April 2018 CoinGate has processed over 200,000 merchant payments and reached 50,000 users. Read about CoinGate milestones, achievements and plans!

CoinGate Milestones 2018: 200,000 payments and more... | CoinGate

CoinGate Milestones 2018: 200,000 payments and more…

Press release: Lithuania-based blockchain payment gateway CoinGate has joined forces with open-source, ecommerce platform PrestaShop, based in Paris, France. The collaboration with reach over 80,000 EU-based merchants.
20 March 2018, Vilnius, Lithuania – CoinGate and PrestaShop announce a partnership to enable tens of thousands of online merchants to start accepting cryptocurrencies as a payment method. The integration of CoinGate services into the back-end of PrestaShop platform will reach at least 80,000 EU-based merchants.
<a class="keychainify-checked" href="https://coingate.com">CoinGate</a> and <a class="keychainify-checked" href="http://prestashop.com">PrestaShop</a> partnership is a significant step in the adoption of cryptocurrencies.  CoinGate CEO Dmitrijus Borisenka explains the reasoning behind the collaboration. He stresses the importance of enabling the masses to access this new exciting technology.
<blockquote>“Encouraging adoption among people beyond the tech-savvy early-adopters is one of the biggest priorities for us. PrestaShop has an ideal base of small to medium stores that may well utilize cryptocurrencies not only as an innovative and increasingly popular payment method. Paying with cryptocurrencies is much cheaper than traditional card payments, including the promotional benefits that the Bitcoin tag carries. There is an entirely new market of people who own all kinds of cryptocurrencies and are looking for ways to spend them. However, the gap between customers and merchants in this sphere is still huge. It is, therefore, crucial to educate and encourage businesses to adopt a forward-thinking attitude and to overcome the prevailing misconceptions that surround cryptocurrencies.”</blockquote>
To make things as simple as possible for newcomers, CoinGate ensures the mechanics of integrating the payment gateway are user-friendly. Moreover, basic familiarity with cryptocurrencies is more than enough to use payment processor. Users can install payment module with a few clicks. The merchant only needs to set up an account with CoinGate to start accepting payments. Also, the payment processor supports Bitcoin and over 50 other cryptocurrencies, including Ethereum and Litecoin, among others. All cryptotokens are in a single payment environment, that caters the widest range of cryptocurrency owners. For merchants, things could not be simpler: the accumulated payments are settled in a single currency chosen by the merchant.
CoinGate also allows <a class="keychainify-checked" href="https://coingate.com/accept">real-time settlements in Euros</a> for its customers, delivering received payments to merchant bank accounts the next day. This is an important feature for merchants new to the crypto space or worried about the volatility of cryptocurrencies.
<blockquote>“It is absolutely safe to accept cryptocurrencies as a way of payment. We protect our merchants from exchange rate volatility risk by locking the price of Bitcoin at the moment of the purchase. Merchants who opt to receive Euro payouts from us, essentially, do not have to touch cryptocurrencies at all – we handle every stage of the process.”</blockquote>
CoinGate already works with over 1,500 businesses worldwide. The partnership between the two companies will open doors for more than 80,000 online stores of all kinds to have an easy entry into the cryptocurrency market. The cooperation of the two companies is a promising development in the rise of blockchain-based payments. This market is rapidly progressing towards maturity, but so far has been restricted by lack of user-friendly interfaces to connect merchants and customers.
About CoinGate. <a class="keychainify-checked" href="https://coingate.com/" target="_blank" rel="noopener">CoinGate</a>, based in Vilnius, Lithuania, is a cryptocurrency payments company established in 2014. The company offers a range of blockchain-focused services for businesses and individuals, including automated payment processing and brokerage services. CoinGate has a user base 50,000 and boasts monthly volumes exceeding over €10 million with over 1,500 merchants using the company’s payment gateway.
About PrestaShop. Founded in 2007, <a class="keychainify-checked" href="https://www.prestashop.com/en" target="_blank" rel="noopener">PrestaShop</a> delivers an open source e-commerce software that offers an efficient, powerful, flexible and innovative platform. Today more than 270,000 e-stores in 195 countries operate under PrestaShop. PrestaShop’s mission is to work side by side with the e-merchants to grow their business and give them all the tools to be the most successful possible. Present in Europe and the U.S., the company has been funded by XAnge Private Equity, Seventure Partners et Serena Capital.
<img loading="lazy" class="wp-image-1814 alignnone" src="https://wp-blog-assets.coingate.com/2018/03/presta-6.png" alt="CoinGate and PrestaShop" width="813" height="508" srcset="https://wp-blog-assets.coingate.com/2018/03/presta-6.png 975w, https://wp-blog-assets.coingate.com/2018/03/presta-6-150x94.png 150w, https://wp-blog-assets.coingate.com/2018/03/presta-6-300x187.png 300w, https://wp-blog-assets.coingate.com/2018/03/presta-6-768x480.png 768w, https://wp-blog-assets.coingate.com/2018/03/presta-6-860x537.png 860w, https://wp-blog-assets.coingate.com/2018/03/presta-6-680x425.png 680w, https://wp-blog-assets.coingate.com/2018/03/presta-6-500x312.png 500w, https://wp-blog-assets.coingate.com/2018/03/presta-6-400x250.png 400w, https://wp-blog-assets.coingate.com/2018/03/presta-6-200x125.png 200w, https://wp-blog-assets.coingate.com/2018/03/presta-6-50x31.png 50w" sizes="(max-width: 813px) 100vw, 813px" />

CoinGate and PrestaShop announce a partnership to enable tens of thousands of online merchants to start accepting cryptocurrencies as a payment method.

CoinGate Milestones 2018: 200,000 payments and more…

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