VANCOUVER, June 17, 2015 /PRNewswire/ - Newnote Financial Corp. (the "Company"), (CSE: NEU; OTCQB: NWWTF; FSE: 1W4) is pleased to announce Canadian fiat settlement is now available to over 13,000 Coinpayments.com merchants via the Company's 100% owned Cointrader.net Bitcoin Exchange.
For the past few months, we have been working with the team at Coinpayments Inc. of which Newnote holds a 20% equity position, to deliver this latest integration which offers merchants using Coinpayments.com as a payment processor to automatically sell their Bitcoin balances on Cointrader.net and settle via e-transfer or direct ACH transfer to their bank account. Merchants can accept 55 different crypto-currencies using one of the 25 popular shopping cart plugins Coinpayments offers. In addition, Coinpayments has enabled merchants to instantly exchange one coin for another via Shapeshift.io, an API platform that provides instant Bitcoin and Altcoin conversion. US Dollar settlement will be available in the near future.
President and CEO of Coinpayments Inc. Alex Alexandrov states: "We love crypto but recognize that purchasing Bitcoin can be often a challenge, so we are looking to make it super easy. Very soon you will be able to simply buy Bitcoin online via Interac Online Checkout on our site via our partnership with Bluzelle.com. The team is very excited to bring more people into the crypto world by breaking down barriers and allowing them to participate."
About Coinpayments Inc.
Coinpayments Inc. operates from Vancouver Canada and is the third largest payment processor and the only company accepting 55 crypto-currencies. Coinpayments Inc. has over 13,000 merchants in 146 countries worldwide. The small team of crypto enthusiasts pride themselves by outperforming the large funded competitive players. They have a vision and goal of making crypto broadly accessible to the both consumers & merchants through smart integrations with great companies in the digital money eco-system.
About Newnote Financial Corp.
Newnote Financial Corp. is pioneering innovative crypto-currency and Bitcoin related software products and services geared at the growing business segment of this bourgeoning market. The Company owns and operates the Cointrader.net Bitcoin Exchange, PayIvy.com Online Store Builder, CoinExchange Android App, BitVisits.com Paid-to-Surf Advertising Platform, Bitcoin ATM Machines in London, Tokyo and Vancouver in addition to several other crypto-currency related assets. Newnote has positioned itself to be a leading contender in delivering opportunities to startup businesses world-wide and continues to create new opportunities for its clients and its shareholders. Newnote has a clear vision on the direction in which this new and unique business is headed and is continually adjusting and adopting new business practices in both technology and the policies & procedures required by banks and securities regulators.
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Newnote Financial Corp. The forward-looking information is based on certain key expectations and assumptions made by the company's management. Although the company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The CSE has not reviewed, approved or disapproved the content of this press release.
SOURCE Newnote Financial Corp.