Coinstream will integrate Mobilum crypto payment gateway on goCoinstream.com. It will enable goCoinstream.com users to purchase Bitcoin, Litecoin and Ethereum instantly and securely with credit and debit cards.
Coinstream provides a quick checkout to buy cryptocurrencies using Visa and Mastercard, and Apply Pay in the United States.
Mobilum Technologies Inc. is a FinTech start-up that provides the fiat infrastructure to the cryptocurrency industry. It offers plug-and-play fiat-to-crypto gateway and payment processing technology solution for exchanges, wallets, brokers, liquidity providers, and cryptocurrency businesses.
Encore Ventures Inc., the parent company of Coinstream, partners with Mobilum to provide its fiat-to-crypto on-ramp services to its users on goCoinstream.com.
Coinstream selected Mobilum crypto checkout due to its leadership position and low processing fees.
“Payment processing for Bitcoin companies has been a major challenge for years,” stated Coinstream CEO and Founder Michael Vogel. “Mobilum not only offers a superior solution, it also leads the market with low processing fees and great customer service. Integrating Mobilum into Coinstream allows us to pass on these savings to customers, and offer a better user experience.”
In July, TechX Technologies Inc. acquired Mobilum for C$16 million, and rebranded “TechX Technologies Inc.” to “Mobilum Technologies Inc.”