Coinify Deal Adds 3,000 Merchants to Bitcoin Network
Digital currency payments processor Coinify has inked a new deal with point-of-sale provider Countr that will bring more options for bitcoin spenders.
Digital currency payments processor Coinify has inked a new partnership with Netherlands-based point-of-sale provider Countr that will bring more options for bitcoin spenders .
Countr, which boasts a merchant network of about 3,000 outlets, will launch an updated version of its app that includes the Coinify integration on 1st June.
The development represents what is today a rare type of news in the blockchain space: merchant integrations. It opens up Countr's network to payments with 14 different digital currencies, including bitcoin, as well as other popular cryptocurrencies like ether and litecoin.
John Staunton, Countr's co-founder and CEO, said in a statement:
In mid-2015, Coinify began expanding its service to other EU countries outside its base in Denmark. It later raised $4m in a round that included Swedish banking giant SEB Group and SEED Capital Denmark, an existing investor of the startup.
Merchant PoS image via Shutterstock
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