The IT Nerd

Goldmoney Inc. just launched the new Goldmoney Network, a unified service representing the combination of the BitGold and GoldMoney businesses under one brand – the largest gold savings and payments network worldwide with more than 1.14 million account signups and $1.95 billion in customer assets.

The unified Goldmoney service features a simplified user experience and operates under three divisions of the Goldmoney brand:

• Goldmoney Personal: Self-directed individual savings, payments, and global gold transfers (formerly known as BitGold).
• Goldmoney Business: Offers a suite of global payment solutions, including ecommerce checkout tools and enhanced payout and invoicing capabilities (formerly known as BitGold Business Accounts).
• Goldmoney Wealth: Enhanced Goldmoney experience with access to all precious metals, nine currencies, a personal relationship manager, and noted Goldmoney research to assist clients seeking wealth preservation.

To view the full accounts comparison, please visit: goldmoney.com/account-comparison.

Goldmoney Inc. also launched its new Real-Time Audit system, a global map that displays the number of accounts, transaction volume, customer assets, and activity feed from the Goldmoney Personal and Business divisions in real-time – something that no other financial institution in the world has been able to achieve.

Goldmoney Inc. will continue to hold BitGold intellectual property consisting of international trademarks as well as several published and unpublished patent applications. Goldmoney will continue to invest and enhance its portfolio of intellectual property in accordance with long-term goals, which include supporting innovation and market leadership as the largest global gold savings and payments network.

Source: BitGold

GoldMoney Inc. today released Gold Payroll and Gold Payout applications for the BitGold Business platform, free tools that allow BitGold Business Account users to set payrolls, dividends, rebates, reward payments, partner and affiliate payments from their dashboard.

Transferring value through banks or money transfer services can be costly and slow, especially across borders. This cost friction is easily compounded when business owners have multiple recipients, such as employees, partners, and service providers.

BitGold for Business enables users to send gold for free to any employee, anywhere in the world. There are no monthly fees, minimum payments, foreign exchange exposure or cross-border transaction fees.

Advantages of BitGold Business Payouts:

• Send scheduled payments to many recipients at once
• Send payments to recipients in different countries and different currencies
• Faster and easier than writing business cheques or setting up multiple wire transfers
• Recipients get paid instantly in vaulted and titled gold bullion; can hold gold, redeem to local currency, or redeem to multi-currency GoldMoney Prepaid Mastercards
• Track payments easily
• Time and cost effective

Ways to utilize batch payments in business:

• Automate employee benefits or payroll
• Shareholder dividends
• Affiliate commissions and online marketing
• Customer rebates
• Gifts and incentives
• Social media marketing campaigns and giveaways
• Philanthropy and Impact Investing distributions

Business Account users can add employees and other payees via CSV or manually in their dashboard, linking them to their payroll list via email addresses or mobile phone numbers.

For more information on BitGold, visit bitgold.com. For more information on GoldMoney, visit ir.goldmoney.com.

GoldMoney Inc. has announced it has been accepted for listing on the Toronto Stock Exchange less than one year after its initial listing on the TSX Venture Exchange.

The Common Shares of the company will commence trading on the TSX today under the symbol “XAU”.

GoldMoney Inc. owns and operates two client facing services in GoldMoney and BitGold (the world’s only gold-based payments and savings platform), delivering full-reserve financial services powered by innovative real-time gold settlement technology.

Launched less than one year ago in May 2015, BitGold is now one of the fastest-growing Fintech companies globally with more than 850K users located in more than 150 countries. A new user now signs up every minute.

In connection with its graduation to the TSX, the Company has appointed Equity Financial Trust Company at its offices in Toronto, Ontario as registrar and transfer agent for the Common Shares.

GoldMoney is also pleased to announce the appointment of Leslie D. Biddle to the board of directors, effective April 21, 2016. Ms. Biddle is currently a Partner and President at Serengeti Asset Management, a New York based value-investment firm. Prior to joining Serengeti, Ms. Biddle spent nearly 10 years at Goldman Sachs, where she was named Managing Director in 2004 and Partner in 2006, and where she held roles including Global Head of Commodity Sales, Chief Financial Officer for investments in metals and mining, and served as a member of the firm’s Finance Committee, Business Practices Committee, Structured Investment Products Committee, and European Audit and Compliance Committee. Ms. Biddle has also served as a Vice President at the Overseas Private Investment Corporation, providing political risk insurance and financing to companies expanding internationally. Ms. Biddle was named by EY and The Hedge Fund Journal as one of the 50 leading women in hedge funds in 2015. She holds an A.B. from Colby College, where she is a member of the Board of Trustees.

For more information on BitGold, visit bitgold.com. For more information on GoldMoney, visit ir.goldmoney.com.

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.

Source: BitGold is an innovative Canadian Fin-Tech company we allow users to buy, save and transact physical gold bullion with unprecedented simplicity and security.