Hostinger & CoinGate: Expanding Opportunities in Crypto Payments
Hostinger has noticed the increasing demand for crypto payments among web hosting service users. Therefore, we are excited to announce the partnership with CoinGate, one of the largest cryptocurrency payment service providers. With this collaboration, we expect to improve the quality and functionality of services for customers.
About CoinGate
CoinGate is a Lithuanian fintech company developing solutions for companies seeking to accept Bitcoin and other cryptocurrencies as payment methods. Over seven years, more than 1.5 million orders have already been executed in the settlement system using various tools – eCommerce plugins, flexible APIs, email billing, and more. All of them provide the opportunity to get paid in crypto and receive fiat payouts to a bank account.
Broadening Crypto Payment Opportunities for Customers
Hostinger is constantly developing and improving customer payment services according to the changing market needs. We plan to use the full range of cryptocurrencies supported by CoinGate and aim not to limit our customers’ choices. We are ready to give them the freedom to choose a currency based on their personal preferences. Additionally, the option to pay with cryptocurrencies will be available for all Hostinger locales, including .com, .es, .br, and others.
“CoinGate has everything we expect from a crypto payment provider. It has a vast selection of cryptocurrencies and an easy payment flow with all the necessary details for customers to complete transactions seamlessly. All these elements are packed into a brilliant UI. As cryptocurrency payments are becoming more and more popular, we believe it is important to offer them to our customers. While the crypto world might be complicated, choosing the right partner is necessary. That’s why we’ve chosen CoinGate. Not only will this give us the option to offer different types of cryptocurrencies for payments, but we will also be able to control the volatility risk by converting crypto to fiat instantly, which is one of CoinGate’s features we enjoy the most,” says Gediminas Griška, Hostinger’s Head of Payments.
Risk Management and Ensuring Quality
Payment partners are vital to the success of any business, and Hostinger is not an exception. In order to give our customers more freedom when paying for services in cryptocurrencies, we have chosen a payment provider who takes regulatory risks very seriously. By applying the highest quality and security standards for our services, we will stop any illegal abuse attempts quickly and efficiently, regardless of the type of payment.