Singapore Merlion

By Anson Zeall
July 10, 2014

Singapore – Singapore-based bitcoin payment solution CoinPip Pte Ltd has made accepting digital currency even easier for merchants in over 122 countries. Using CoinPip’s recently updated system, merchants can now instantly convert their bitcoin transactions into 70 regional currencies. Merchants simply use CoinPip’s point-of-sale system or online payment gateway to directly accept bitcoin payments. The funds are exchanged and deposited in the merchant’s CoinPip account and can be withdrawn via traditional wire transfer.

Anson Zeall, co-founder of CoinPip, expects to see rapid global adoption of bitcoin by merchants in coming months, particularly in Asia and in emerging market countries.

“CoinPip has been hard at work at improving our infrastructure and user experience for the past few months,” said Zeall. “Starting in Hong Kong and Singapore, we’ve built a system that will process payments for any merchant with a bank account that is connected to the international financial system.”

Joining the CoinPip program is easy. Merchants simply need to visit the  CoinPip website (www.coinpip.com) and sign up for an account. From there, merchants select the appropriate country and verify their bank account details. Using an easy-to-understand interface, merchants can easily check the status and history of their payments, displayed in their local currency. Payments in South Africa will be denominated in Rand, for instance, while Indonesian payments will be shown in Rupiah.

As one of the most innovative bitcoin startups in Singapore, CoinPip has been hard at work improving their APIs, allowing developers worldwide to connect with their payment system. For more information, please email developers@coinpip.com.

For more information, please email joinus@coinpip.com.

About CoinPip

CoinPip’s vision is to make bitcoin as safe and easy-to-use as any other form of money. Based in Singapore, its team has worked on high-tech projects across the globe. Starting in the Asian market, CoinPip is bringing a friendly, powerful payment system to world marketplace by distributing SMS, Card and Mobile wallets, and by providing an outstanding suite of merchant services.

CoinPip.com was founded by entrepreneur Anson Zeall, Alexander Angerer, Arseniy Kucherenko, its Chief Crypto Technologist.

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