Merchant Site Payivy.Com Acquired Past Times Digital Currency Investor Newnote Financial

After its recent buy of the bitcoin telephone substitution Cointrader.net, Canadian fellowship Newnote Financial has at nowadays moved into the multi-vendor website market. On May 12, 2015, the Vancouver-based company announced its acquisition of PayIvy.com, an online site that allows vendors to register together with sell digital products together with services, including ebooks, software, graphic designs, spider web designs together with intellectual property.

PayIvy co-founder Lode Kennes says inwards a press unloosen that the fellowship hopes to ameliorate accomplish its potential next the acquisition.

“With the investment from Newnote, PayIvy volition locomote able to serve to a greater extent than sellers amongst features that no other site tin offer,” he said.

Kennes, along amongst co-founders Ton Manh Nguyen together with David Snyder, volition remain on at PayIvy to aid amongst daily operations together with development.

“This is a really strategic acquisition for Newnote,” said Newnote CEO together with President Paul Dickson. “Each of our services volition locomote integrated into ane to a greater extent than or less other utilizing our APIs.”

Besides Cointrader.net, Newnote likewise owns together with operates the CoinExchange Android app, Coinpayments.net, together with the BitVisits.com paid-to-surf advertising platform, inwards improver to several other cryptocurrency-related assets.

“Merchants tin at nowadays prepare store amongst PayIvy.com, convey payments through Coinpayments.net, convert bitcoin to cash on Cointrader.net, together with transfer the funds into their banking concern concern human relationship or remit overseas instantly,” says Dickson. On Apr 24, 2015, Newnote announced that it had signed a strategic partnership amongst Rebit.ph of the Philippines to enable remittances.

PayIvy merchants are likewise able to protect their digital wares from online piracy together with other unauthorized software distribution together with sharing. Custom fields enable client information collection together with an advanced affiliate programme is available for sellers looking to promote their products. The site accepts diverse crypto-currencies, including bitcoin, litecoin together with omnicoin via Coinpayments.net.

Dickson stressed Newnote’s commitment to neat downwards on recent illicit sales of Netflix together with other accounts through the PayIvy site.

“Our priority is to protect intellectual property,” Dickson said inwards a telephone conversation amongst Bitcoin Magazine.

In its commencement half-dozen months of operation, PayIvy has registered over 10,000 merchants, processing over $200,000 per calendar month inwards sales. Newnote reports paying a buy cost of CDN $260,000 inwards cash together with stock.