Hong Kong Based Gaming Marketplace G2A Picked BitPay to Accept Bitcoin
One of the largest gaming marketplaces, G2A announced that they have partnered with BitPay in order to accept payment from users through Bitcoin.
G2A is a trusted marketplace for digital products like games, software activation licenses for Steam, Xbox Live cards, PSN codes and time-cards for online games.
Hong Kong based G2A is a popular online gaming portal that brings game buyers, developers and sellers under a united marketplace and facilitated on average around 700,000 transactions per month 2015.
G2A currently has over 6 million active users and considered as one of the fastest growing companies in the gaming industry. In order to offer a secure online gaming experience the company has invested 20 million Euros in the research development over the past two years.
Earlier this week, Bartosz Skwarczek, the Chief Executive Officer of G2A confirmed in a press release that they have partnered with leading Bitcoin payment processor BitPay as it offered one of the most streamlined Bitcoin payment solutions.
Commenting on the collaboration with BitPay, Bob Voermans, G2A’s VP of Global Payments said that his company is “delighted to confirm BitPay as a trusted partner.”
With Bitcoin, G2A’s user base will get access to an additional secure payment method and likely attract a niche market of online gamers who prefer to Bitcoin over traditional payment methods because of lower transaction fees. “In my estimation this partnership will increase growth for sellers due to the fact that customers will buy more often on the G2A.COM Marketplace,” added Mr. Voermans.
With over 700,000 average monthly transactions from G2A users, BitPay would be also benefit greatly and would be able to ensure its top line growth in the coming months. General Manager BitPay also sounded delighted while commenting on the partnership with G2A, as he said “[partnering] with G2A which will help us scale Bitcoin payments to a broad gaming audience.” “By their nature, digital goods like games are borderless. Using Bitcoin as a global payment method will complement the online experience,” he added.