Coinify, a Danish based cryptocoin payment processor enabling more than 10.000 merchants just started to accepting 15 additional crypto currencies besides bitcoin.
For Coinify merchants and partners it’s business as usual as they are still paid in either USD, Euro, Pounds, kroner or other local currencies to their bank accounts within a few days.
The coins will be added or removed from circulation depending on whether dollars are being added or redeemed, so no need to worry about the exchange rates claims Lasse Birk, chief product officer at Conify.
This is very good news for the crypto world but increases pressure on normal credit card processors like VISA, MasterCard etc.
So next time you order a pizza from your local grease shop, you might be able to pay with litecoin 😉