Jonas Gilys, Dmitrijus Borisenka, Irmantas Baciulis founded the CoinGate company in 2014 with its headquarters in Vilnius, Lithuania.
It provides a terrific platform for software solutions, which gives extremely feasible way for online businesses as well as retail shops to develop the transaction with the digital currency Bitcoin.
It offers integrations with e-commerce shopping carts, a strong and utterly customizable API, payment buttons for those hunting simplicity, and retail POS apps for iOS and Android.
Literally, it would be a hassle to accept Bitcoin with CoinGate, because they offer business an option to get paid in Euros or U.S. Dollars, instead of having to deal with Bitcoins.
Essentially, they eliminate all kind of risk that is associated with Bitcoin- market rate volatility, and spending bitcoin more than one.
Users can be able to buy Bitcoins from CoinGate by utilizing bank transfer. Likewise, credit and debit cards, and mobile balance, or sell their Bitcoin to CoinGate.
The processing fee is minimal that is 1% of the Bitcoin orders. For example, your customer’s pays 100 EUR worth of Bitcoins for any product in your shop. Then you receive 99 EUR directly to your bank account.
