By Staff for Virtual Currency Today
Beauty startup GelMoment has recently announced it has partnered with digital global payment provider i-payout, according to a press release.
“We are honored to partner with GelMoment and to support the company’s global expansion plans,” i-payout President Eddie Gonzalez said in the release. “I-payout is proud to facilitate growth for new companies that bring innovation to their markets.”
I-payout provides a variety of services such as automated payment processing and reporting, and bitcoin payment integration, according to i-payout’s website.
GelMoment currently has more than 1,300 distributors that carry the company’s patented one-step, quick-dry formula for gel nail polish. The company plans to launch in Australia on Sept. 1, with 155 independent distributors pre-signed for the launch. To support this launch, GelMoment chose i-payout.
I-payout will create a customized platform to allow GelMoment to more easily interact with its distributors, according to the release. In addition, i-payout will also deliver the appropriate tax forms to each distributor to help streamline the process.
“Our potential market is enormous, and we will continue to expand in other countries after the Australia launch,” GelMoment CEO Dov Grossnass said in the release. “I-payout had extremely fast implementation and worked exclusively around our needs.”
Link to original article here.