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Bitcoin Vietnam and Coinify to Launch the First Blockchain Payment Processing Platform for Vietnam

Bitcoin Vietnam Co. Ltd., Vietnam’s first bitcoin exchange, and Coinify ApS, a market leader in blockchain currency merchant processing, have announced a strategic partnership to bring advanced blockchain merchant processing tools to the Vietnamese market.

Both parties expect that the close cooperation between Bitcoin Vietnam Co. Ltd., boosted with a firm understanding and foothold in their domestic market, and Coinify ApS, lead by an impressive team with extended expertise in electronic payments and financial technology, will contribute to the further maturation of the Vietnamese market.

During the first stage of this newly established partnership, Vietnamese merchants will be able to receive payments in bitcoin or 16 other popular blockchain currencies supported by Coinify. These payments will be automatically converted to the Vietnamese Dong and paid out on a regular basis. Merchants can thus offer more payment options to their customers, while enjoying a fraud and risk­free payment environment.

The new platform will offer seamless integration with the merchant’s website/ online­shop via custom API or the most popular plugins and will support Point­Of­Sale application tailored for brick­and­mortar shops. Interested merchants are able to pre­register for the new platform by sen ...

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