GoObat becomes Malaysia's first online pharmacy to accept cryptocurrency payments

Cryptocurrency payments have become increasingly widespread in recent years, but not for online pharmacy purchases, mentions GoObat founder


Carl Adrian

6 Feb, 2021

GoObat becomes Malaysia's first online pharmacy to accept cryptocurrency payments | BEAMSTART News

- From our Sponsors -

GoObat, a Malaysia-based health-tech company, has become the first online pharmacy to accept cryptocurrency payments in the country.

Founded in 2019 and launched in December 2020, GoObat allows Malaysians to buy over-the-counter (OTC) pharmacy and personal care products online, delivered to their doorstep in just a few hours.

The GoObat online pharmacy official website.

Cryptocurrency payments have become an increasingly widespread payment option in recent years, especially with a larger population of blockchain-enthusiasts holding both Bitcoin and similar cryptocurrencies.

To ensure security with cryptocurrency payments, GoObat will leverage on the Bitpay payment gateway — the largest provider for blockchain payment services based in the United States.

Once a transaction is completed on the platform, customers based in Klang Valley (Malaysia) can choose to receive their products either by a 3-hour "Express Delivery", or a "Standard Delivery" option.

Founder of GoObat, Asher Looi.

Moving forward, GoObat targets to achieve 100,000 registered consumers in the coming months, and RM10 million in revenue in the first quarter of 2021.

Founder of GoObat, Asher Looi, also adds that the company plans to expand regionally into Indonesia, Singapore, Thailand, Vietnam, and India in the coming months.

"There is a growing number of cryptocurrency enthusiasts in Malaysia. In fact, we have listened and learnt that there is an increasing demand from consumers calling for the acceptance of Bitcoin and cryptocurrencies as a payment option and so, we believe this is a step in the right direction," said Asher Looi, Co-Founder of Goobat. 

- From our Sponsors -

Latest Jobs

Founding Partnership Growth

Chariot

New York, United States

Full Time

USD 80000 — USD 150000 yearly

Senior Software Engineer

Epixel MLM Software

Kochi, India

Full Time

Salary Undisclosed

Brand Ambassador

LeaseSimple

United States,

Internship

Salary Undisclosed

Sr. Developer Advocate - Hacker News

Doppler

San Francisco, United States

Full Time

USD 150000 — USD 170000 yearly

Alumni Community Manager

Y Combinator

Mountain View, United States

Full Time

USD 140000 — USD 160000 yearly

Operations Manager, Fulfillment Operations

ShipBob

Chicago, IL, United States

Full Time

USD 59770 — USD 90000 yearly

Director of Engineering

SnapEDA

San Francisco, United States

Full Time

USD 185000 — USD 265000 yearly

Strategy & Operations Specialist (Must apply via LinkedIn)

Legacy

Cambridge, MA, United States

Full Time

USD 65000 — USD 75000 yearly

Application Engineer (Electrical Engineer, Hybrid in San Jose, Ca office)

JITX

Berkeley, CA, United States

Full Time

USD 130000 — USD 182744 yearly

Founding BDR

OneSchema

San Francisco, United States

Full Time

USD 70000 — USD 100000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2023 BEAMSTART. All Rights Reserved (Legal).