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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.
By Stan Higgins
Updated Sep 11, 2021, 1:19 p.m. Published May 11, 2017, 1:15 p.m.
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.
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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:
"We are always happy to take the advantage of new payment technologies and help our merchants to improve their businesses. Blockchain is expected to be one of the major payment trends in the upcoming years and we are excited to integrate it to our POS system."
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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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