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Madrid, December 15, 2022
CoinGate is one of the main players in the cryptocurrency payments sector, committed to the growth of the Spanish market together with PrestaShop
There is a 40% growth in e-commerce in payments with cryptocurrencies in Spain. According to CoinGate, the company has processed 20% more orders from Spain this year compared to 2021. The growth is also notable in the number of new companies accepting cryptocurrency payments. CoinGate reports a 40% increase in total trading accounts created this year and a 70% increase in paid orders. Cryptocurrency payments are becoming more and more popular in Europe and big players are starting to enter the market. An example of the new cryptocurrency-friendly giants is NordVPN, although some well-known companies, Hostinger, Cherry Servers, and ZenMarket, have been accepting cryptocurrency payments through CoinGate for years. And now, with the addition of CoinGate to the PrestaShop marketplace , more than 50,000 stores will be one module away from giving access to products or services to millions of cryptocurrency users around the world. Payment available with 70 currencies through the CoinGate module CoinGate is one of the leading cryptocurrency payment processors that offers cryptocurrency payment solutions to online stores in Europe and beyond. By partnering with PrestaShop, CoinGate introduces an official cryptocurrency payment module for PrestaShop users that gives shoppers the ability to purchase their goods and services using Bitcoin and more than 70 other cryptocurrencies. With this module, websites can put a price tag to your products using any national currency, such as EUR, USD or any other. When a buyer lands on a checkout page, the module fetches real-time cryptocurrency exchange rates and automatically reflects them back to the customer during the checkout cycle. The module will also lock in the exchange rate at checkout, and the Amount received can be settled in another currency of the merchant's preference at the time of payment. You can withdraw your balance in BTC, originally received coins, or a single fiat currency, such as EUR, USD, and GBP, directly to a bank account." While cryptocurrencies are slowly entering the mainstream, we want to be future-proof and give as many people as possible the means to accept cryptocurrency payments in the most convenient way available today. CoinGate's partnership with PrestaShop achieves exactly that, and perhaps more, by providing access to the emerging market. crypto payments with an easy, simple and flexible solution for thousands of PrestaShop users," says Justas Paulius, CEO of CoinGate. "As a key partner in digitalizing commerce, PrestaShop aims to become the go-to commerce platform for growth of companies around the world. One of the fundamental points is to increase the number of payment methods available. With the incorporation of the With CoinGate's solution, we open up the possibility of payments with cryptocurrencies, empowering our merchants", says Jorge González Marcos, Head of Iberia and Latam at PrestaShop. Thanks to PrestaShop Essentials, its set of modules that offers secure payment solutions worldwide, deferred payment, performance analysis and web marketing, and PrestaShop Platform, its hosting offer, PrestaShop allows companies to easily deploy their business on a larger scale. In 2021, PrestaShop sites generated more than 24 billion euros in online sales . Since November 2021, PrestaShop has become part of the global MBE Worldwide family to "accelerate its growth and together become the world's leading e-commerce and logistics platform for businesses."
Contact Contact name: Jose H Contact description: Jose H Contact telephone number: 665 554 233
