CopPay entered e-commerce market: big deal with Magento provider

The multicryptocurrency payment system CopPay and Aitoc, a provider of custom solutions for the e-commerce CMS platform Magento, have concluded a memorandum of cooperation.

Aitoc will create a plug-in for implementation of the CopPay payment gates in e-commerce services using CMS Magento and will include it in the packages of solutions that they offer to their customers. Moreover, according to the agreements, Aitoc is ready to provide technical support for integration of CopPay services in e-commerce companies.

“Cooperation with Aitoc is an important step forward for the integration of cryptocurrency payments into global electronic commerce. According to forecasts of Statista, the volume of world e-commerce in 2021 may amounts to 4.5 trillion dollars. We believe that by this time about 5% of payments in e-commerce will be made with cryptocurrency. And we are happy to be pioneers in this, “ says Vladimir Serzhanovich, co-founder of the CopPay project.

CopPay intends to offer a plug-in developed by Aitoc for e-commerce businesses working on Magento.“Now

Magento is # 1 CMS for creating e-commerce sites. As one of the largest plug-in developers for Magento, we highly appreciate the potential of using cryptocurrencies in global e-commerce and therefore our cooperation with CopPay is a movement on the crest of the wave, “ says Arthur Tishkevich, COO Aitoc.
Magento is the leading platform for open commerce innovation. Every year, Magento handles over $100 billion in gross merchandise volume.
Aitoc is one of the world’s leading providers of custom solutions for Magento. It is among few companies that have been creating Magento extensions since the very launch of the e-commerce platform. Founded in 2001, Aitoc produced its first collection of Magento modules in 2009. Since that time, it has been engaged in Magento web development.
Decentralized cryptocurrency payment system CopPay is an international blockchain project aimed to make it easier to use cryptocurrencies and integrate them into real economy. In 2017, CopPay plans to enter the markets of Germany, the Netherlands and the Baltic countries, and in 2018 — to cover the whole world with a network of payment gates. On October 30, the project starts ICO and plans to attract about $ 19.5 million of investments within a month.