CoinPay is just wrapping up the initial Beta phase and will soon be launching a LIVE version for merchants to use.

After months of testing the platform will be launching at the upcoming FINTECH conference in Seoul Korea on December 8-9th. If you click the link for details you can see CoinPay as one of the Exhibitors at the conference.

At this event CoinPay will be offered for the first time and will go live for 100 merchants only!

Then after this Beta stage with 100 merchants CoinPay will launch exclusively through BitClub Network and as a member you can cash in by bringing on new merchants to the platform. We will explain this program in detail in the next few weeks when it's closer to launch.

More About CoinPay...

This platform is really cutting edge! No other invoicing service allows you to pay a single invoice by using multiple digital currencies. With CoinPay you will always have the option to pay with Bitcoin and ClubCoin together.

When each invoice is generated it will give you a LIVE conversion rate for both ClubCoin and Bitcoin and then you will have 15 minutes to pay the invoice. After 15 minutes the invoice does not expire, instead it refreshes the new rate.

You can make partial payments to the invoice and it keeps track of each payment and updates LIVE with the remaining balance due. When looking at an invoice you will see a ClubCoin tab and a Bitcoin tab that each have a unique address and QR code.

Here is a sample invoice that was created just for demo purposes. The company name is Tester Travel Company and this is a Buy Now button that can be easily created from the merchant backend (several versions and sizes available and easy to copy and paste). 

(ED: you'll need to into your BCN back office to try out the button or read the pdf version of Bit-Talk 60. To get that go to Bit-Talk )

**Sample Button**

NOTE: When you click the button, you will see the invoice launch with a test product - Vacation Package to Dubai - you will also see a Bitcoin and a ClubCoin address for this invoice that a customer can pay using either one (or both).


These addresses are easily generated by the merchant and in this case, they are saved to this product and the demo above is a single invoice with only 1 available quantity so everyone will see the same invoice.

This is LIVE if you want to send a small test amount to the invoice to see it update the balance. (this will be a donation so don't send very much).

The merchant can convert CC to BTC instantly on the backend and depending on the country this will convert to FIAT as well through many different solutions you can set up. All of this happens immediately once the invoice has been paid in full.

We will be opening this platform up soon, but just wanted to give you a quick peek at a live invoice. 

With our new GPU Mining pool that allows for each share to switch between Ethereum and Zcash we had to make some big changes to our system. Basically, we had to build a very advanced payment system that could allocate hashing power from one pool to another and then pay-out what is being mined.

This was a lot more complex than we imagined but it's now complete and working perfectly. We know the past few weeks the pay-outs for both pools have been a little bit off so we are creating a script that will audit all records since the launch of Zcash and apply a credit in one lump sum.

We expect this to happen in the next few days or so and you may also see the pay-out change moving forward as we align everything together and have a way to audit it daily.

It's important to know that Zcash is just getting started and right now it's still trying to find a market value, we expect the price keep going down in the short term as more supply enters the market and the ecosystem is still immature. Now is the time to accumulate Zcash and we are excited to be on the ground floor of this.

We are also excited about the future of Ethereum and believe both coins will be much more valuable tomorrow than they are today!

Thanks for your patience while we make this transition happen. We are on track to install Batch 2 in a couple weeks!

We have made a lot of new changes to our websites and most of it was only done for our English pages but we are now pushing our translation team to have all 21 languages fully up to date with all the new content, new menus, new navigation, and more, by the end of the year.

We are also going to be adding more support in each language, making it easier for you to contact our team in your native language. We understand support is a key issue and we are making some big upgrades to our platform to support all members from anywhere in the world.

Thanks for being a BitClub Network member!

Sincerely,
-BCN Support