We’re proud to announce a new partnership with coinpayments.net, allowing 2.3 million businesses and merchants in 182 countries to accept payments in GLX stablecoin. ‘Now it’s easy for anyone to pay for goods and services with GLX at a vast network globally. I look forward to growing our business, and for CoinPayments to grow their network as the undisputed leader in this field’ said Helie d’Hautefort, CEO of Globcoin.

CoinPayments is a leading cryptocurrency payments getaway that serves as a bridge between consumers and merchants, for example for the e-commerce giant shopify.com. That means that it is now possible to pay with GLX to one of the 800,000 online stores that were created using Shopify, including to buy a Jackie Smith bag, a ticket to Lollapalooza, or contribute to the World Wildlife Fund.

“ There have been solutions that have come out to stabilize the market and make entry into crypto more attractive, but none have gone so far yet as the Globcoin team. Globcoin is an innovative project that CoinPayments is happy to support by integrating it and offering Globcoin (GLX) payment processing to our merchants worldwide” — CoinPayments Release about Globcoin

GLX, being pegged to a basket of 15 currencies and gold, is the perfect stablecoin for e-commerce. It facilitates international transactions with the same speed and convenience than cryptocurrencies, at lower-costs and without the volatility issue that may have disencouraged the utilisation of cryptocurrencies in the past.

Users can now pay with GLX to a merchant who will trust the value of the received payment, and who won’t have to worry about losing profit to the high fees applied by credit card’s payment services. This will help CoinPayments and future e-commerce partners to increase database and quality of service.

As Globcoin CTO Nicolas Genko put it: ‘We have chosen the best in class IT solution as the payment gateway for merchants and consumers to use our GLX. I am very happy with the UX and the IT.’

GLX is being deployed massively to various use cases; including charities and online payments (for example through our alliance with FintechDaily). We are more than happy to collaborate with CoinPayments and open the door for the GLX to be a global means of payment for other merchants and vendors.

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