Bitcoin Payment Processor Coinvoice Begins Accepting Payments

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Coinvoice now offers an online invoicing service, allowing merchants to receive Bitcoin as payment for their goods and services.

We believe in Bitcoin. We think that providing these services will ultimately help Bitcoin become more mainstream and that's the real goal.

Coinvoice, a project from Conformal Systems, is the web's first cash-to-Bitcoin invoicing service. Coinvoice allows the business itself to be paid in bitcoins while continuing to invoice their customers in dollars.

“Coinvoice will really benefit businesses or independent contractors that want to continue to invoice their clients in dollars but who also want to receive bitcoins for the work they do. They can now do this without forcing their clients to adopt bitcoins themselves. We think this is a great way to lower the barrier to entry into the Bticoin ecosystem for certain businesses,” said Daniel Tobon, one of the Conformal team members. “Coinvoice is also very valuable to foreign businesses with US clients who want to be paid quickly without having to worry about burdensome and expensive currency controls and money transfer fees. They can invoice locally and receive payments globally.”

Coinvoice plans to add several other payment options and the ability to invoice in other local currencies in the near future. Until then, they're continuing to work on making their payment settlement systems as quick and efficient as possible. “Businesses want to accept bitcoin can now do so as quickly as they can settle a regular invoice. Even faster in some cases,” says Jacob Yocom-Piatt, CEO of Conformal Systems. “Our goal is to give businesses the easiest, fastest and most reliable way to receive bitcoins.”

Conformal Systems is not new to the Bitcoin world. They are also the authors of btcd, an alternative full-node implementation of the bitcoin protocol. The cryptocurrency was a perfect fit for a company that was already heavily involved in the cryptography business with the development of their zero-knowledge backup software Cyphertite. “We believe in Bitcoin,” says Mr. Yocom-Piatt. “We think that providing these services will ultimately help Bitcoin become more mainstream and that's the real goal.”

For more information on Coinvoice, or if you are a merchant wishing to sign up for the serivce you can visit http://www.coinvoice.com. For any other inquires please contact support(at)coinvoice(dot)com.

About Conformal Systems
Conformal Systems is an open-source software engineering firm dedicated to privacy, security and cryptocurrency oriented solutions. For more information on Conformal Systems please visit http://www.conformal.com.

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Dan Tobon
@Coinvoice
since: 08/2013
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