Web hosting providerhas announced its partnership with CoinGate, one of the largest cryptocurrency payment services providers. It will now accept cryptocurrency payments on its platform.
CoinGate is an award-winning payment solution, a superior provider with a critical strength of supporting over 50 digital assets. It works with various cryptocurrencies, including the most popular ones, such as Bitcoin, Ethereum, Litecoin, and Dogecoin.
In turn, the market value of cryptocurrencies is currently about 1.8 trillion.
will now leverage upon this strength or capitalize upon the opportunity. The web hosting provider can receive cross-border payments from customers worldwide. Consequently, it will significantly broaden its crypto customer base.
Gediminas Griška, who serves the role of Head of Payments at Hostinger, had this to say:
CoinGate gives everything we expect from a crypto payment provider. There is a vast selection of cryptocurrencies, an easy payment flow with all the details needed for the customers to complete transactions. Cryptocurrencies are becoming more and more popular; we believe it is important to offer them to our customers. While the crypto world might be a bit complicated, choosing the right partner is necessary. Not only do we have the option to offer different types of cryptocurrencies via CoinGate, but we are also able to control the volatility risk by converting crypto to fiat instantly.
— CryptoBuzz (@CryptoBuzz_Blog) August 19, 2021
Dmitrijus Borisenka, who serves the role of a CEO of CoinGate, had this to say:
The fundamental idea of cryptocurrency is erasing the burden of cross-border payments. In the world of eCommerce, that was a missing piece for way too long. Independently of where the shoppers are coming from – one single payment integration allows collecting payments seamlessly. Hostinger is a company that became a global phenomenon. Therefore it’s a huge opportunity for CoinGate to demonstrate how well we can help our partner to increase payment flows, decrease shopper friction, and improve conversions.
will further improve its services’ quality and functionality for customers who pay in cryptocurrencies with the new partnership.
Currently, Hostinger provides the option to pay with cryptocurrency to all Hostinger locales, including .com, .es, and many others.