“Trout Payment Systems,” a Houston based merchant services firm that helps businesses accept credit cards, announced a newly formed partnership with GoCoin, an international payments platform focused on enabling businesses to accept digital currencies such as BitCoin.
Trout is GoCoin’s first Houston area affiliate, and is among the first in the city to offer businesses a digital currency payment gateway solution. This offering will compliment Trout’s primary product lines and augment the firm’s ability to assist businesses with their payment needs.
Commenting on this groundbreaking relationship, Napoleon T. Butic, CEO and founder of Trout Payment Systems said, “I am excited about working with GoCoin to expand the awareness of digital currencies, and introducing businesses to a firm that can help them seamlessly accept this nascent form of payment. I spent the last couple of months familiarizing myself with them, getting to know key personnel, and am confident that their client focus and expertise will give them the advantage over other providers.”
Last week GoCoin was announced as one of several providers chosen by PayPal to facilitate their digital currency acceptance. GoCoin has a “Who’s Who” list of investors including the former COO of Facebook, the CMO of Sega, and some of Silicon Valley’s top venture capital firms.
Digital currencies, like BitCoin, help businesses accept payments for substantially lower transaction costs and eliminate chargeback risk. Businesses can set themselves up to take digital currencies directly, but GoCoin can use their technical resources to greatly simplify the process and at the same time make it much easier for businesses to get paid in their native currency.
Trout Payment Systems is known as “Houston’s Payment System Hook Up”, and helps businesses with accepting debit/credit card payments or switching them from an existing payment solution to something better. This includes a mixture of competitively priced processing rates, point of sale system upgrades, and improved overall service. Trout has vetted a network of payment processors with BBB ratings of A or higher, matches clients up with the best fit, and holds the provider accountable to the client.
CEO and Founder, Napoleon T. Butic, spent 10 years working in the hedge fund industry in NYC for a subsidiary of Guggenheim Partners, a privately held financial services firm with $210 billion under management. He returned to his home town of Houston and began working in the payment services industry shortly thereafter, before launching Trout Payment Systems in January 2014.
Contact: Napoleon T. Butic
Trout Payment Systems
8300 FM 1960 West Suite 450
Houston, Tx 77070