3-percent Increase in Margins: Bitcoin Merchant Success Story

After take-away portal Hungry started accepting Bitcoin payments through Coinify they have received hundreds of new customers.

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Photo: Rune Risom

COPENHAGEN, Denmark, Dec. 16, 2014 (SEND2PRESS NEWSWIRE) -- 6 months ago, Hungry, an online food-delivery portal connecting over 800 restaurants, started accepting Bitcoin payments using Coinify. After customers began asking about paying with Bitcoin, Hungry saw an opportunity to attract extra business. They chose Coinify Bitcoin payments because of their fraud-free, zero-chargeback alternative, and because Coinify enables them to receive Bitcoin payments directly to their bank account in local currency.

Hungry CEO Rune Risom said this about Hungry's Bitcoin experience: "When accepting Bitcoin payments through Coinify we have seen a 3 percent increase in margins. Furthermore we have never had even a single case of chargeback from our hundreds of Bitcoin paying customers. It is a pleasure working with Coinify, and their payment solution is very easy to use."

Introducing Bitcoin payments has brought Hungry a competitive advantage as a first-mover within their industry as well as the distinction of having received the largest number of Bitcoin transactions of any company in Hungry's home market Denmark. In the eyes of the customers, Hungry stands out with their innovativeness. And after successfully featuring Bitcoin payments on their website, Hungry also integrated Bitcoin payments into their mobile app in November.

Coinify takes pride in assisting Hungry towards these achievements and welcomes all merchants globally to benefit from accepting Bitcoin payments with its safe and easy payment processing solution at "For us it's all about helping merchants increase their margins, sales, and liquidity and mainstream Bitcoin in the process," said Coinify's CPO Lasse Birk Olesen.

Coinify drives mainstream adoption of digital currencies such as Bitcoin for merchants and consumers. Merchants benefit from Coinify's Payment Service (PSP) enabling free and fast settlements in a fraud free and chargeback free bitcoin payment environment, while consumers get access to secure one-click payments that reveal no sensitive information.

Hungry is an Aarhus based online business with a mission to give the best takeaway experience. This is done by providing a modern, simple and straightforward take-away service for ordering food from 800+ takeaway restaurants anywhere in Denmark.

Coinify ApS
Broenshoejvej 8
2700 Broenshoej
+45 3211 4510

* PHOTO for media: .
* Photo Caption: Hungry CEO Rune Risom.

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REFERENCES: Rune Risom, Bitcoin payments, Bitcoin payment, Coinify CPO Lasse Birk Olesen, CEO Mark Hoejgaard, ecommerce, digital currencies, news, press release from Coinify, Dec 16, 2014, Banking and Finance, Finance, Technology, COPENHAGEN, Denmark, 3-percent Increase in Margins: Bitcoin Merchant Success Story