Coinkite announces a new kind of “Bitcoin Payment Button”br>
On Thursday, June 30, Coinkite announced a new kind of “Bitcoin Payment Button” that lets anyone accept bitcoin as payment for products or services. The first of its kind Pay Button is a plain HTML, embeddable payment processing option that shows prices in Bitcoin and an optional local currency.
“Our goal was to create something empowering, like Craigslist. They get privacy, and always have. Now anyone can collect a few bitcoin online in exchange for goods or services using Coinkite,” said Coinkite CTO and founder Peter Gray.
In order to protect retailers from volatile cryptocurrency exchange rates, Coinkite allowed the new Pay Now service to utilize their Bitcoin automated forwarding. In other words, users can send their payments instantly to exchanges such as Coinbase, Bitstamp and Kraken.
Coinkite is a bitcoin platform with multi-signature and a developer API.