“GoCoin markets itself as a ‘PayPal’ for Bitcoin. The company will begin its expansion as the first true payment processing service for Bitcoin with an initial focus on South American & Asian countries. The challenges of accepting credit cards and purchasing goods and services online between even neighboring countries can be especially difficult in these regions. GoCoin says it will initially focus on providing Bitcoin payment processing for e-commerce, digital content and interactive/social gaming companies. Other companies operating in this space include Bitpay and Coinbase. Bitpay has received a total funding of $2.51 till date and Coinbase – $6.88 Mn.”
http://letstalkpayments.com/gocoin-raises-550k-high-profile-investors-bitcoin-payment-service/