BitGold Introduces A new Standard For Global Merchant Payments

Following a successful beta release with more than 1,000 merchant sign ups, BitGold aka GoldMoney Inc. (TSX-V: XAU) officially announced the launch of BitGold Business Accounts this morning at Money 20/20 Europe in Copenhagen.

With this new offering, BitGold is transforming the global cross-border payment experience by enabling business owners, freelancers, and sole proprietors to request and accept business and consumer payments in vaulted-gold bullion, enabling instant cross-border value settlement and reducing risks and delays in global commerce.

The new technology includes a suite of payment applications, including invoicing, payroll, e-commerce and checkout solutions. BitGold also plans to release a developer API stack in the near future.

Key points include:

  • BitGold Invoices: Invoice international customers with a completely customizable template in the currency of choice. Manage inventory items and customer lists, and use global tax and shipping calculators. Approved customers purchase Gold securely via credit card, debit card, or bank transfer from any currency for a simple one per cent transaction fee, and send the gold value as payment, never sharing their financial information.
  • BitGold Pay: Embedded checkout payment flow optimizes international ecommerce by making it simple and safe for customers to transact with merchants using the currency of their choice. Simple global pricing, no matter where your approved customers live for a simple one per cent transaction fee.  No cross border fees or foreign exchange fees for payment.
  • Developer API: BitGold will be releasing a developer API stack that enables deep integration with BitGold’s payments infrastructure. Using the new API integration, developers can add a gold payments option to third-party invoicing solutions, ecommerce platforms and payment gateways.

For more info on BitGold, visit www.bitgold.com.

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