CoinGate Ties with Wix to Enable Crypto Payments Acceptance for Merchants

Cryptocurrency payment processor CoinGate has partnered with global SaaS platform Wix to enable crypto payments for merchants.

Through this partnership, Wix merchants in Germany, Lithuania, Netherlands, and Spain will be able to link their online stores to the CoinGate payment solution. After they set up CoinGate as a payment provider, Wix merchants can offer their customers the option to pay for goods and services using Bitcoin (including payments via Lightning Network) and more than 70 other crypto options. Merchants can exchange and withdraw all collected cryptocurrencies in a single currency, such as EUR, USD, GBP, and BTC. 

Apart from their payment collecting software, CoinGate also offers other tools for merchants such as a refund system, permission-based account management, an order tracking system, API access, various payout options, and invoice customisation. Regarding the partnership with Wix, CoinGate representatives emphasized that cryptocurrencies are increasing their presence in the daily lives of people around the world. 

They also revealed that CoinGate's goal is to give people a way to participate in global economies, whether they own a bank account or use credit cards while enabling merchants to serve them in a convenient manner. CoinGate officials also expressed their hope that this partnership will encourage more merchants to take advantage of cryptocurrency markets.

(Source: The Paypers)