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Coinbase Introduces a PayPal-like Merchant Solution for Cryptocurrencies

Coinbase introduces a paypal-like merchant solution for cryptocurrencies

Coinbase Introduces a PayPal-like Merchant Solution for Cryptocurrencies

Coinbase introduces a paypal-like merchant solution for cryptocurrencies

Making cryptocurrency payments more convenient to use is a difficult task. Consumers often struggle to find platforms or shops accepting this form of payment. Store owners are not too convinced whether or not such payments offer them any benefits. Coinbase has come up with a solution which may resolve some of the concerns. Their new merchant service is very similar to PayPal and provides a lot of convenience.

The new Coinbase Commerce platform is pretty appealing for merchants. They can seamlessly integrate cryptocurrency payments on their online platform. In many ways, it seems tor example a PayPal checkout option, but for establishing cryptocurrencies. Payment options accepted include bitcoin, Ethereum, bitcoin Cash, and Litecoin. These are all the major currencies supported by Coinbase at this time. Moreover, this new solution no longer requires buyers to have an account with the cryptocurrency company either.

Coinbase Commerce is an Intriguing Solution

Making the whole ordeal of dealing with cryptocurrency more convenient is a smart decision. Coinbase is seemingly intent on rivaling BitPay when it comes to processing cryptocurrency payments. More competition among payment processors can only be considered to be a good thing. Not only will it give retailers more options, but it also makes it more convenient for customers to make purchases. No longer needing a Coinbase account is definitely a step in the right direction.

For now, the new Commerce service is not open to new signups. This seems to indicate a version of the platform was either leaked or simply demoed to the public. Some merchants are apparently using this new service as we speak, which is rather interesting. It is possible this is all part of a private beta test, but the company remains rather quiet on that front. With its seamless integration, this Commerce option will certainly prove to be enticing to e-commerce players.

What is rather interesting is which coins as prioritized. Rather than using an alphabetical order, Coinbase Commerce lists Ethereum as the first option. It is a bit unclear why that is the case, but it may be subject to change. Even so, the checkout process for all four currencies appears to be identical and very convenient. Payments can be made by copying the wallet address or scanning a QR code. Whether or not this solution can compete with PayPal, is a different matter, though. Credit cards are still far more convenient and commonly used than cryptocurrencies.

Published at Tue, 13 Feb 2018 11:30:45 +0000

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Unity Partners Up with GameCredits to Bring Blockchain Technology to More Gamers

Belgrade, Serbia  — GameCredits, a Blockchain company driving innovation in the games industry, today announced the company has signed a deal with Unity Technologies, creator of the world’s most popular creation engine, that will bring the benefits of blockchain to more than 3 billion devices and millions of game developers worldwide.

[Note: This is a press release.]


Unity Technologies has proven once again that it’s got its finger on the pulse of the gaming industry by throwing its weight behind blockchain. The world’s largest game-development software provider has powered up its ‘engine’ by teaming up with GNation and its digital asset, GameCredits, to usher in a new era of gaming.

Recognized by Unity as having the world’s strongest gaming digital asset, GNation is now in the company of other Unity partners, like Facebook, Google, Microsoft, Intel, Samsung, and Sony.

“Unity is known for aggressively adopting new technologies that democratize game development, solve hard problems and enable success for developers. With GameCredits, we intend to bring about a paradigm shift in the gaming industry. Blockchain solutions will help disintermediate game publishing and give better returns to creators,” said Hubert Larenaudie, President Asia Pacific, Unity Technologies.

“Our partnership with Unity Technologies is a major step forward for both the gaming industry and the blockchain world. With GPlay and our eSport platform, we are bringing the benefits of blockchain and digital assets to the largest global audience yet, enabling true mainstream adoption of these technologies for the first time,”  said Sergey Sholom, GameCredits CEO and GPlay President.

You don’t have to be a genius to work out that the backing of a company that influences 80% of the mobile and 50% of the desktop gaming market is huge news for the digital asset market. For a company that has previously broken records with its MobileGo crowdsale in early 2017, it’s just another step towards a bright future.

Despite the fact that this partnership will boost their digital asset’s market value, the founders of GNation consider this as a matter of secondary importance. As ex-professional gamers, eSports organizers and game developers they have met and dealt with industry problems on all possible levels. Now they want to solve them using the power of blockchain.

Everything GNation has achieved so far is just a fraction of the company’s overall ambitions. Over the next two months, the company will announce new alliances and a host of new blockchain products to revolutionize the gaming and digital asset worlds.

Although the collaboration with Unity marks a big day for the world’s youngest nation, it seems that it is only one step in their swift rise to the top. In September this year, GNation joined Hyperledger – becoming the first digital asset firm to team up with the consortium – and has promised to announce a partnership with another established tech giant at the end of this month.

Perhaps one of these companies will get a safe pass to future, while the other will benefit from walking the bridge of tradition. We will only know after the partnership is officially announced.

For now, at least one thing is clear: GNation is much more than just another gaming community.

About GameCredits

GameCredits is an international, multicultural company striving to transform the gaming industry with its GameCredits digital currency (GAME) and a suite of other blockchain-based products. Founded in 2016 in Belgrade, Serbia, GameCredits now employs a team of more than 100 people across 10 offices in five countries. For more information, visit www.gamecredits.com.

About Unity Technologies

Unity Technologies is the creator of a flexible and high-performance end-to-end development platform used to create rich interactive 2D, 3D, VR and AR experiences. Unity’s powerful graphics engine and full-featured editor serve as the foundation to develop beautiful games or apps and easily bring them to multiple platforms: mobile devices, home entertainment systems, personal computers, and embedded systems. Unity also offers solutions and services for creating games, boosting productivity, and connecting with audiences including Unity Ads, Unity Analytics, Unity Asset Store, Unity Cloud Build, Unity Collaborate, Unity Connect and Unity Certification. Unity Technologies serves millions of registered developers including large publishers, indie studios, students and hobbyists around the globe. For more information, visit www.unity3d.com and to see the latest games and experiences created in Unity, go to https://unity.com/madewith.

Contact info:

Shruti Verma, Unity Technologies: shruti@unity3d.com

Tamara Stavljanin, GameCredits PR: tamara.stavljanin@gamecredits.com


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