Established in 2013 and based in Santa Monica, California, Gocoin is a leading international payment platform that enables merchants to accept cryptocurrency payments within their checkout page. Merchants are able to benefit from accepting cryptocurrency as the explosive growth of using this digital currency continues to receive a wider acceptance worldwide. Accepting more payment methods, including cryptocurrency means more sales for the merchant.
Gocoin has APIs that are ready for integration into the merchant’s checkout system. Their back-end systems maximize the coin exchange for cash. This ultimately eradicates all types of volatility as well as risks in security. By using Gocoin, merchants simply accept the direct deposits into their bank account or their digital wallet.
Some of the most critical features of using Gocoin are that the signup for an account is straightforward: there are no costs, there is only a three-step processing form, and there are no contracts to sign.
For their processing, they offer a low 1% fee for most transactions. There are no chargebacks as they offer “transactional risk protection”. Their payouts in fiat and cryptocurrency are also convenient.
When it comes to their user interface, their invoices can be fully customized, and refunds for customers are simplified. There are developer tools, documentation access, and built-in integration support.
Invoice and payment tracking come with enhanced filters as well as date range parameters. For those merchants that prefer visual representation, Gocoin offers revenue graphs in order to visually track the movement of funds and for monthly records. There are also very useful balance breakdowns for every currency represented. It shows all payouts and invoices.
For their hosted gateway, there is very minimal setup required. There is also an immediate payment acceptance. It can be easily customized. It also offers website redirect and iframe options.
When it comes to their API solutions, to assist in the cart integration, they have open source SDKs and plugin availability. Invoices, notifications, and authorization settings are completely customizable. Updates for market exchange rates and currency pricing is also available. There is also support for most widely-used e-commerce platforms such as WooCommerce, Shopify, Magento, and many others.
The only area in the U.S. where services are blocked is in New York, due to state regulations. Outside of the U.S., Gocoin cannot service the following countries:
- Burma (Myanmar)
- Côte d’Ivoire (Ivory Coast)
- North Korea