CoinCorner helps leading law firm, Quinn Legal, to accept Bitcoin payments
In 2019, we launched CoinCorner Checkout — a new service supporting Isle of Man, UK and European businesses interested in accepting Bitcoin payments.
We’re excited to announce that we’ve recently partnered with Quinn Legal, helping them to become the first Isle of Man law firm to offer Bitcoin as a payment method for legal fees!
Quinn Legal’s clients can now easily and quickly make payments in Bitcoin via their website.
Why should law firms accept Bitcoin?
- Bitcoin is a global currency, meaning that legal clients around the world can use it to pay their fees.
- It saves time and improves client experience by removing the need for time-consuming bank transfers and paying fees in person.
- Bitcoin payments offer flexibility and choice in how clients can make payments.
- It helps legal firms to appeal to new audiences, including the likes of FinTech companies.
Comments on the partnership
CoinCorner’s Business Development Manager, Sam Tipper, said:
It’s been fantastic to work with and support Quinn Legal in accepting Bitcoin invoice payments from their clients via CoinCorner Checkout. The news marks significant progress for both CoinCorner and Quinn Legal; showing recognition for Bitcoin as an alternative way of paying for traditional services and further positioning Quinn Legal as a leader in the legal sector, continuously adapting to meet the needs of modern customers.
CoinCorner Checkout is available to businesses in the Isle of Man, UK and most of Europe. If you’d like to know more about how simple it is to start accepting Bitcoin, please get in touch by visiting CoinCorner.com/Checkout.
James Quinn, founder and CEO of Quinn Legal, commented:
This new payment method capability signals the start of our plans for the new decade. We will be focusing on our existing areas of expertise and finding new ways to support our clients. With Bitcoin payments, we can support many of our clients in the financial technology and business sectors, as well as those who are invested in less traditional currency.
We felt confident partnering with CoinCorner for this important integration, as they are one of the first Bitcoin businesses in the world to fall under any form of legislation as a Designated Business. This means that they are overseen by the Isle of Man Financial Service Authority, giving our clients peace of mind and assurance that their payments will be safe, secure, and immune from direct exposure to Bitcoin price volatility. At Quinn Legal, our clients will always be at the forefront of everything we do.
What is Bitcoin?
Here’s a quick reminder! Bitcoin (BTC) is a global digital currency which operates on the blockchain (what’s known as “distributed ledger technology”).
BTC can be sent from person to person around the world and without the need for a middleman.
It can’t be printed or reproduced. With only 21 million Bitcoins ever able to be created, it’s a highly secure and traceable form of currency.
Accept Bitcoin at your business
If your business would like to accept Bitcoin payments too or has any questions about the process, please get in touch with Sam for more information!