[ad_1]
Global digital currency payment processor CoinPayments has announced Jason Butcher as its new CEO. Butcher previously served as COO at the Cayman Islands-based company, a position he held for over four years. In an exclusive interview with CoinGeek, the new CEO revealed his plans for the company and why he believes it’s only a matter of time before digital currency payments become a mainstay.
Butcher takes the helm at a time when digital currency payments are becoming increasingly popular. CoinPayments, for example, processes payments worth over $ 100 million on a monthly basis, a clear indication of the growing use of digital currencies in payments. The company, which operates in 221 countries globally, has processed over $ 5 billion since its inception. It supports Bitcoin SV and over 1,900 other digital currencies.
“It is an exciting time to take the helm of one of the most innovative companies in the crypto payments space and when digital payments are increasingly in demand,” Butcher tells CoinGeek.
The new CEO has already started working as he seeks to solidify CoinPayments’ position as a global leader in the industry. He outlined the three pillars the company will strive for during his reign, stating:
First, we are committed to simplicity and ease of use which will directly translate into how our merchants do business and how they adopt cryptocurrencies as a form of payment. Second, we have placed security and transparency at the heart of our agenda in order to build a fully compliant platform. Finally, our service and support teams are second to none. We have some of the fastest response times and the most knowledgeable support specialists – a commitment to our customers and the community.
Butcher brings decades of digital payments experience to his new role. He previously founded a number of payment startups, including HODLTech, a digital currency keeper and infrastructure provider, as well as Digisure, an insurance solution for digital payment wallets.
CoinPayments is working on a number of partnerships and collaborations with some of the biggest names in the digital currency industry. The company focuses on partnering with businesses that help it reach a large number of merchants who are looking for an easy payment method. It is also undertaking “a revolutionary redesign of our platform that will make everything easier for our merchants.”
“I can’t say more now, but I expect a major announcement this year,” Butcher told CoinGeek.
Digital currency payments have a bright future, Butcher believes. The biggest obstacle, however, is the mystery surrounding digital currencies.
“The key to reaching a digital currency tipping point is mass adoption. For those of us who understand the power of transparency and decentralized, borderless, low-fee transactions, it’s an easy sell. But cryptocurrencies are still a mystery to many people, just like credit or debit cards were when they were first introduced to the market, “he said.
“Once we see both an educated consumer and an educated trader understanding why crypto is as simple to use as fiat currency, there will be mass adoption. In my opinion, it’s only a matter of time.”
New to Bitcoin? Check out CoinGeek Bitcoin for beginners section, the ultimate resource guide to learn more about Bitcoin, as originally intended by Satoshi Nakamoto, and blockchain.
