RATE Group | CoinGate’s POS Software and Plugins Enable More Than 5,000 Global Storefronts to Accept 50+ Cryptocurrencies in Real Time
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CoinGate’s POS Software and Plugins Enable More Than 5,000 Global Storefronts to Accept 50+ Cryptocurrencies in Real Time

23 Apr CoinGate’s POS Software and Plugins Enable More Than 5,000 Global Storefronts to Accept 50+ Cryptocurrencies in Real Time

Posted at 16:30h in Cryptocurrency News by

In a Nutshell: CoinGate offers API, plugin, button, and POS (point of sale) solutions for merchants who want to accept cryptocurrency payments for sales or services. The system allows users to accept 50 different virtual assets and holds all transacted funds in cold storage to maximize security. The company currently operates in 120 different countries and allows merchants to process transactions in real-time via a personal bank account, Bitcoin, or other cryptocurrencies.

When consumers started carrying credit cards in their wallets, retailers — or at least those who purchased the expensive equipment to accept this new form of payment — gained access to an entirely new revenue stream.

The businesses that became early adopters thrived. Those that didn’t lost sales.

In many ways, cryptocurrency looks like this generation’s version of credit cards. Tech-savvy retailers that jump on the bandwagon and accept various tokens as payment will earn the loyalty of crypto-enthusiasts….

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