Dejan Roljic, CEO of Gocrypto payment gateway revealed the company onboards 1000 merchant locations worldwide. And the platform has expanded to Latin America and is now in five countries across the world. Roljic also said Gocrypto is developing a hardware POS terminal for merchants to buy and sell selected cryptocurrencies, according to the Bitcoin news report on March 2, 2020.
Gocrypto Payment Gateway Hits a Milestone as it Onboards 1000 New Merchant Locations Worldwide
Based on the report, Dejan Roljic revealed Gocrypto has onboarded 1000 merchant locations worldwide to enable the exchange of goods and services for crypto. Also, the payment gateway has expanded to South America, which means the firm will be open in 13 new markets. In line with that, the platform has expanded to five countries.
Reportedly, Gocrypto’s expansion began when the platform launched in Slovenia and turned the region into a Bitcoin city. It set up physical locations that can accept crypto for goods, and Slovenia has the highest number of Gocrypto locations accepting crypto in the world.
Since then, the firm has gone ahead to launch physical locations in different regions across the world. Gocrypto launched in Croatia in May 2019 and in South America in November 2019. Countries, where the payment processor has set up physical locations, include Switzerland, Romania, Hungary, Slovakia, Bulgaria, United Kingdom, Czechia, and Portugal.
Gocrypto is Developing a Merchant Dashboard
Dejan Roljic further outlined that the platform is currently developing a merchant dashboard. And this dashboard will give merchants a better understanding of their payments and payouts. They will also be able to manage their contacts and assets from this dashboard.
In line with that, the company is in the final stage of testing its own hardware POS terminals. These terminals will enable merchants to become a cryptocurrency exchange. In this case, they will be able to buy and sell selected cryptocurrencies while also receiving crypto payments from their customers.
Gocrypto is in the Process of Obtaining a License
Furthermore, the CEO outlined that the platform is in the process of obtaining a license from the central bank. Once that is in place, it will go a long way to improve the credibility of the cryptocurrency space. Moreover, the aim of its expansion is to promote the wide adoption of cryptocurrencies, he wrote.
On the other hand, there has been a heightened increase in the number of businesses accepting cryptocurrencies. Hartford Steam Boiler (HSB) nationwide survey also revealed that 36% of small and medium-sized businesses in the U.S. accept crypto assets.