Coinzone and X-Cart Announce Strategic Partnership for eCommerce businesses

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New partnership will enable eCommerce businesses in Europe to benefit from X-Cart’s hosted shopping cart and Coinzone’s Bitcoin payment gateway.

X-Cart is always looking to keep pace with the latest payment techniques and technologies and now, thanks to the partnership with Coinzone, we’ve got the opportunity to offer our customers a new way of payment with Bitcoins.

Coinzone, a leading Bitcoin payment solution provider dedicated to making it easy for European merchants and consumers to use and accept digital currencies, today announced that it has formed a strategic partnership with X-Cart, a global provider of hosted shopping cart services for eCommerce businesses. The partnership will provide X-Cart’s customers in Europe with the ability to offer Bitcoin payments to their customers, and so expand the payment and sales opportunities available to them.

Established in 2001, with over 33,000 online stores in 111 countries, and a gross merchandise volume (GMV) of USD two billion in 2014, X-Cart is a global eCommerce player; therefore, Coinzone sees this announcement as an important part of its strategy to develop more partnerships with companies such as Payment Service Providers, eCommerce and PoS solutions vendors. According to Manuel Heilmann, CEO of Coinzone: “eCommerce businesses prefer to have one integration point with a solution that covers all their needs, rather than having to mix and match different providers and solutions in a complex package which they then have to own and manage. As a result, it makes sense for us to make our Bitcoin payment solutions available in as many platforms and environments as possible."

Lee Dunne, VP of Sales at Coinzone, said: “We are very excited about this strategic partnership with X-Cart. This represents a significant opportunity for both companies, as well as X-Cart’s eCommerce business customers who will now benefit from being able to offer their consumers even more payment options for their goods and services.”

Alex Mulin, VP of Business Development in X-Cart, said: “We are very pleased to be partners with Coinzone. X-Cart is always looking to keep pace with the latest payment techniques and technologies and now, thanks to the partnership with Coinzone, we’ve got the opportunity to offer our customers a new way of payment with Bitcoins. I believe that both companies will enjoy long-term benefits from this relationship."

About Coinzone
Headquartered in Europe, the Coinzone team has many years of experience in both international e-commerce and payments. Coinzone’s mission is to provide the best user experience that eliminates the geographic boundaries and complexities of payments by enabling businesses and individuals to easily transact with digital currencies. Made in Europe, for Europe, its Bitcoin merchant payment gateway and point-of-sale (PoS) platform is available in over a dozen languages and is tailored to each European market it operates within. For further information visit http://coinzone.com.

About X-Cart
Founded in 2000, X-Cart has evolved into a group of companies employing more than 120 highly qualified engineers all over the world. From the beginning, its focus has been on commercial open source PHP shopping cart software, but also recognizing the value to its clients of add-on services, today X-Cart also offers consulting, technical support and custom development services, as well as general purpose PHP and Java outsourcing services. One thing has not changed: The mission of the company remains to make the Internet a convenient and productive business environment for its customers and for the thousands of online merchants, in more than 100 countries around the globe, who use its shopping cart platform.

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Paul Sylling
Coinzone
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