International Blockchain Payment Platform GoCoin and Ziftr Complete Merger

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International blockchain payment platform GoCoin and mobile wallet, eCommerce loyalty and credit card processing company Ziftr today announced the completion of their merger agreement, creating a new fintech leader in payment and loyalty innovations.

The combined company – known as GoCoin going forward – will offer merchants a unified checkout system that processes digital currency and credit card transactions in compliance with PCI security standards. GoCoin will also offer a hybrid wallet giving consumers the choice of paying with VISA, Mastercard, Blockchain currencies or loyalty coupons and points.

GoCoin recently crossed two major thresholds; in just under two years, the company processed its one millionth Blockchain payment and achieved its first cash flow positive month.

“In the second half of 2015, we saw 40% month-over-month top-line growth,” said GoCoin co-founder and CEO Steve Beauregard. “Combining with Ziftr positions GoCoin to drive revenues through profitable merchant services beyond digital currency payment processing.”

Now that the merger is complete, the combined company will focus on integrating Ziftr’s credit card processing capabilities, mobile wallet and customer loyalty program into GoCoin’s blockchain payment platform and rolling it out to GoCoin’s current merchant base of 12,000+.

“By adding Ziftr’s technology to GoCoin’s existing payment platform, we’re providing merchants with a highly secure solution that allows them to accept digital currency and credit cards at a low rate and incentivize their customers with a rewards system based on blockchain technology,” said Bob Wilkins, CEO of Ziftr. “Consumers, on the other hand, will be able to store their payment methods in our mobile wallet for anytime access, and then view these payment methods all in one place once they’re ready to make a transaction.”

“We’re excited to bring to the financial technology market the first full-featured platform that truly has what it takes to bring digital currency into the mainstream,” said Wilkins.

GoCoin is one of the three major blockchain payment processors and the only one processing Litecoin, Dogecoin, Tether and new experimental coins in addition to Bitcoin. With 12,000+ merchants, 90,000+ monthly blockchain transactions and a healthy pipeline of 150+ signups per week, GoCoin has attracted marquee brands like PayPal, RE/MAX UK, Shopify, and CheapAir. Based in Los Angeles, GoCoin has gained recent traction with entertainment companies such as LIONSGATE Films and MovieTickets.com.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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