SOURCE: GoCoin

GoCoin

October 21, 2014 03:00 ET

GoCoin, Ilixium Partner to Bring Digital Currency Payments to the iGaming Sector

Companies Integrate Gateways to Support Bitcoin, Litecoin and Dogecoin Payments

BERLIN, GERMANY--(Marketwired - Oct 21, 2014) - Today at EiG2014 GoCoin announced a partnership with enterprise payment platform Ilixium preparing gaming operators to easily accept cryptocurrencies as an alternative to more costly payment methods. GoCoin is the first e-commerce payment solution designed to process bitcoin and emerging altcoins for gaming and other industries considered "high risk" by traditional payment networks.

Together, the companies are providing a global online payment experience that drastically reduces cross-border fees and empowers the iGaming sector to swiftly adapt to the latest advancements in digital currency payments.

"Gaming operators face constant pressure to reduce their cost per acquisition," said Eric Benz, EMEA director of operations at GoCoin. "Offering a low friction, low-cost payment option keeps players in the game, and by partnering with Ilixium, we are helping operators keep more of their profit margin and -- in many cases -- collect money that would otherwise be left on the proverbial table."

"Partnering with GoCoin allows Ilixium to stay at the forefront of payment innovations, a competitive advantage we pass on directly to our clients," said Ian Nicholson, chief commercial officer at Ilixium.

GoCoin's Eric Benz will be presenting GoCoin's iGaming strategy during "The Pitch" competition on Tuesday, October 21 at 2:40pm CEST at EiG. Attendees can vote via the EiG mobile app. Follow @GoCoin and #EiG14 for real-time updates.

About GoCoin
GoCoin is the first international payment platform for bitcoin and emerging digital currencies, making it easier than ever for online and retail merchants to accept Bitcoin, Litecoin, and Dogecoin at checkout. GoCoin insulates merchant operators from the complexities and volatility of alt-currencies by settling transactions in the currency of their choice. Founded in July 2013, GoCoin is an international group of companies with offices in Singapore, London, Douglas, Boston and Santa Monica. For more information, please visit http://www.gocoin.com.

About Ilixium
Consumer Payment Outsourcing (CPO) with ILIXIUM. CPO is a new form of outsourcing introduced by ILIXIUM which allows a Business to pass customers who are ready to pay, over to ILIXIUM in order to complete the required payment for the goods/services requested. ILIXIUM will then manage all of the reconciliation, settlement and consolidate payment back to client. CPO is a turnkey managed service for clients which leverages all of the combined capabilities of ILIXIUM to provide a seamless service for both end customers and the client. For additional information, please visit https://www.ilixium.com

Contact Information

  • Eric Benz
    GoCoin Operations Director
    EMEA
    Phone: +44 786 226 3280
    Email Contact