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TheDomains.com

Epik Starts To Accept Bitcoin For Payment & Disbursement

October 12, 2016 by Michael Berkens

Epik.com,  a full-service, all-inclusive domain name and operator of a commission-free marketplace announced effective immediately, customers may pay for domain registrations, marketplace purchases, escrow, SSL certificates, web development, hosting and other services using Bitcoin, in addition to credit card, Paypal, Masterbucks and bank transfer.

Customers may also disburse proceeds to Bitcoin at the prevailing exchange rate. As a special promotion, customers who fund their Epik account during October with a Bitcoin deposit will have a 10% matching bonus added to their account with 24 hours.

“Bitcoin, also known as the “frictionless currency”, allows instantaneous payments globally without payment processing fees. It eliminates intermediaries such as banks, which charge a fee on every transaction, and makes it easy to send funds in any denomination. All you need is a digital wallet and the cryptographic payment address. There are no forms to fill, no sharing of sensitive data, and no risk of unauthorized charges through a saved payment method. For the merchant, there is the added assurance of no chargebacks, e.g. due to a purchase being made using a stolen credit card.

“In the last seven years Bitcoin has evolved from a geek experiment to a reliable alternative to traditional systems. As the world changes, Epik must stay up to date with new trends to satisfy its highly demanding customer base. Epik is a bank for digital names. And now we have a digital coin,” elaborated Matheus Leite, Director of Product Management, who led and managed the implementation.”

 

Filed Under: Bitcoin, Blockchain, Domain Industry, Domain Registrars

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Steve says

    October 12, 2016 at 8:36 pm

    Good move, Uniregistry should offer bitcoin payment as well. Easy peasy.


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