Epik has integrated Bitcoin as a supported method for payment and disbursement. Epik is known in the domain name industry as a full-service, all-inclusive registrar that is committed to protecting the interests of registrants through such practices as free whois privacy, commission-free marketplace, and free advisory services for customers navigating intellectual property inquiries.
The company has become more affectionately known as “The Swiss Bank of Domains”.
Bitcoin is the digital currency loved by geeks that is steadily gaining mainstream adoption as an alternative method of payment. Due to its breakthrough Blockchain technology, it serves as borderless digital cash, which can be typically transmitted without fees to sender or receiver. For some, it has become a preferred payment method.
Technology progress and brand acceptance has made Bitcoin a practical method of payment warranting inclusion in a modern shopping cart.
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.
Epik announced an October incentive for Bitcoin users
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.