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Posted on September 21, 2020Receive ACH Payment Will Make You Tons Of Cash. Here’s How!
ACH payments are a very reliable method of payment processing. It provides fast, secure and convenient for both the business merchant as well the customers. Since the last few years, demand for ACH payments has been drastically increased. As the several benefits associated with this, most of the businesses now prefer to receive ACH payment. Now you can easily receive ACH payments with the help of merchant account and payment processing solutions offered by TheEcheck. Contact us today at +1-855-403-3855. We provide customized processing solutions according to your business needs.
How To Receive ACH Payment And How It Saves Money?
Automated Clearing House is termed to be as ACH. This ACH method is one of the most preferred payment methods in the United States Of America. This uses the technique of EFT (Electronic Fund Transfer). This electronic payment method uses a processing method where all the payments are processed in batches so that the business can receive ACH payment in very short as well as low processing involved. The ACH transfer payment method is able to handle the lump-sum amount of funds and as well as recurring billing payments from customers. To receive ACH payment, you need first to take approval from the customer to initiate the transaction. After that, you need to provide vital information like acquiring bank account details and routing number to the payment processor from the customer.
The best part to accept ACH payments is that it allows you to save a lot of money in terms of processing costs that a business merchant generally needs to pay. In comparison to other payment methods, this involves minimal payment processing cost.What Does ACH Credit And ACH Debit Mean?
A business merchant can receive ACH transactions with the help of two methods. Either it can be ACH credits or ACH debits.
- ACH Credit: ACH credit is a type of transaction in which a payer forwards the funds towards the merchant. In this method, the business merchant does not require a request from the customer and initiate the transaction. The customer will transfer funds to the business merchant’s account on their own—for example, pre-payment of funds towards the loan account.
- ACH Debit: ACH debit is a payment processing method in which a business merchant takes a request from the customer to receive ACH payment. The payment gets processed only when the customer approves that request to transfer the appropriate requested funds from the checking account. This is mostly used for subscription payment options which require recurring billing.
How To Get The Merchant Account To Receive ACH Payment?
To receive ACH payment, a business merchant needs to have an ach processing account. TheEcheck provides an easy and secure method for the merchant account application. To apply, you need to follow these steps:
- Fill the merchant account application form with all the necessary details.
- Submit the form along with all the required documents to complete the verification procedure.
- Wait for some time as the verification might take up to 48 hours for successful verification.
- After verification, you are ready to receive ACH payment with your merchant account.
If you still have any doubts while filling the form or need a better method to receive ACH payment, you can get in touch with us at info@theecheck.com.
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Posted on September 21, 2020Are You Looking For Credit Card Merchant Service Providers? Get The Right Solution Here!
In every business, it is very important to maintain the quality of products and services. But there is another thing that a business merchant should take as well. A payment processing method is also very crucial for a business. A merchant should have a diversified payment processing solution so that customers can easily pay by the method they prefer. Credit card is one of the most preferred payment methods, among others available in the industry. TheEcheck is one of the best credit card merchant service providers. Contact us today at +1-855-403-3855.
What Methods Card Merchant Service Providers Provide To Accept CC Payments?
We at TheEcheck are one of the best card merchant service providers. We offer several benefits with our merchant account and payment processing solutions.
In order to easily accept credit card payments, a business merchant can use:- Virtual Terminal: A virtual terminal is a website based solution. This provides a feature that makes it easy for a business merchant to take credit card information from the customers and forward it to the payment processor. Business merchants can use the phone or in-person method to retrieve the information.
- Point Of Sale: A POS (Point Of Sale) involves a physical device that allows a business merchant to accept debit and credit cards payments. A merchant will take the card from the customer and quickly retrieve the payment through the wireless tap and pay with it or either swiping the magnetic stripe.
- Phone Payments: Phone payments generally used for payment services that operate under the regulations of financial institutions and operate the business with mobile devices. This provides ease of payment to customers as well as business merchants. CC payments are accepted with the help of a card reader which is connected to the merchant’s mobile device. This approach also helps small businesses to save in terms of equipment fees who receive only few credit card transactions in a day.
What Are The Benefits Of Choosing TheEcheck For Credit Card Merchant Service Providers?
We at TheEcheck are operating with the team of payment processing industry experts. We provide the right processing solution as per the requirement of high-risk payment processing business or a low-risk processing business category. Now it’s easier to get the merchant services and credit card payment processing solution. A business owner needs to fill the merchant application form. Along with the form, it is essential to attach the required documents to complete the merchant account approval procedures.
Some of the facilities we offer are:- Point of sale solutions.
- Easy to understand the online application.
- Secured payment gateway under the guidelines of PCI compliance.
- Affordable processing rates.
- Quick approval of merchant account application.
- Best in class customer tech support service.
- Virtual terminal solution with every merchant accounts.
- Terminal equipment for retail stores or large scale businesses.
If you still need more information, get in touch with us at info@theecheck.com.
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Posted on September 21, 2020Top Frequently Asked Questions About Online Check Payment Processing
For every business owner, the main criteria are to maintain the cash flow. Especially for a small business, it is required to provide a diversified payment processing solution. That should be convenient for the business as well as their valued customers. Here we at TheEcheck tried to answer all the frequently asked questions in terms of echeck merchant account and online check payment processing. Contact us today at +1-855-403-3855.
Q. How Does Online Check Payment Processing Different From Paper Check?
Ans. Online check payment processing is a digital processing method for electronic checks. These echecks are upgraded versions into a digital form of the traditional paper checks. Echecks are sometimes referred to be internet check, electronic check and online check. The online check payment processing works on the network of the ACH system (Automated Clearing House) to deduct the funds from the customer’s bank account and transfer it to the business merchant acquiring bank account. Because echeck payments are transferred electronically, this makes a faster transaction processing, safer processing structure and more comfortable to get reflected in the checking bank account.
Q. How Does Echecks Compare To Wire transfer And Electronic Funds Transfer?
Ans. EFT is termed to be an electronic funds transfer. It’s a generic term that covers up various payment methods like ACH transfer, echeck, bank transfers, e-wallet payments, direct deposits and many more. Payment processing methods like echeck and ACH are the type of electronic fund transfers, but not all EFT transactions are ACH or echeck.
Talking about Wire transfer, this involves the manual process to transfer money from one bank account to another. In ACH transfers, the transaction gets placed in several batches. But in the wire transfer, it is totally manually and thus only one transaction at a time is possible. One of the disadvantages of a wire transfer is that it requires high processing cost while compared to the ACH payment processing. And the major problem in terms of safety is that once a wire transfer is initiated, it can’t be revered. That’s another reason that ACH is better, which allows a possibility of reverse transaction procedure.Q. Does Accepting Online Check Payment Processing Help A Business Grow?
Ans. Yes! Accepting Online Check Payment Processing Help A Business Grow. There are some chances that a credit card number might change, compared to the likelihood of the account number, which will not change so quickly. This reduces the chances of long term business payment breakage. One of the features that attract various customers is the recurring billing feature. Just like subscription-based payment methods for membership of music or magazines, a business can also take payments for the service and products sold. This makes it easier for the customers to purchase the products without paying a lump sum at one time. Also, this improves the customer-business merchant relationship.
Q. How To Get Started With Online Check Payment Processing?
Ans. Now it is easy to get started with an online check payment processing solution. A business merchant needs to contact TheEcheck though the merchant account application form. After successfully submitting all the information in the form along with all required documents, the echeck merchant account may get activated within 48 to 72 hours.
If you still have any concerns, reach to us at info@theecheck.com.
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Posted on September 21, 2020Best High-Risk Merchant Services
Learn The Truth About Best High Risk Merchant Services In The Next 60 Seconds
If you are a business merchant who is operating a business under the category of high-risk, then you will surely be searching for a high-risk merchant account. High-risk merchant processing might look challenging. But it opens the doors of a lot of opportunities for a business owner. With the help of a high-risk processing account, a merchant can sell their products and services across the globe. This allows you to accept multiple currencies with ease which is not in the case of a low-risk merchant account which will enable you to receive only single currency payments. TheEcheck is one of the best high risk merchant services providers. Contact us today for a high-risk processing solution that is specially designed as per your business needs.
Best High Risk Merchant Services And How Does It Works?
A merchant who is categorized under a high-risk business category requires to have the need for the best high-risk merchant services. The reason for the need for such an exclusive merchant account is that it helps to avoid the risk of your merchant account termination or closure because of several factors. Account termination is one of the most reported problems by the merchants that are operating under the high-risk processing industry. If a processor finds something unusual activity going on or a merchant is surpassing the threshold limits of chargebacks, this can lead to terminations. But this is not with the case of a high-risk merchant account. It is best suitable for a merchant who requires high ticket sales and higher processing volume needs. Another reason can be that you are operating under a risky industry that is prone to higher chargebacks.
Offshore Processing With The Best High Risk Merchant Services!
The best high-risk merchant services provided by a trusted and reliable processor like TheEcheck provides you with several benefits. In today’s eCommerce era, it is recommended that every business merchant should start moving to the offshore platform. This allows a business to have more customers internationally. Sometimes local businesses that are categorized as risky face a lot of challenges in getting an adequate high-risk account in their country. An offshore merchant account is easy and flexible to approve the merchant solution. That makes it a more attractive solution for a high-risk business merchant.
What Are The Document Required To Get The Best High Risk Merchant Services From TheEcheck?
With the TheEcheck, you can get your business processing solution very easily whether you are looking for low-risk merchant services or the best high-risk merchant services. You will get the most reliable processing solution. To get the high-risk merchant account, a business owner needs to fill a merchant application form with all the required details duly. Along with the form, the merchant needs to submit the following documents for verification procedures.
- Personal Identity Proof-Like Passport or any valid national ID
- Voided Check/Bank Letter
- Articles of Incorporation
- Six Months of Processing records
- Six Months Bank records (most recent)
- Tax Identification Number (TIN) or a Social Security Number (SSN)
If you still have any problem while choosing the best high risk merchant services for your business, you can get in touch with our expert team at info@theecheck.com.
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Posted on September 21, 2020Clear All Your Doubts About Merchant Check Processing Services!
For a small business owner, there are a lot of struggles that need to be surpassed. Implementing a reliable and adequate payment processing solution is also one of the tasks. It is always important to maintain cash flow. Every business should offer diversified payment methods to their customer to choose with the one they are comfortable. But now you don’t have to worry. We at TheEcheck provides you with the advantage of merchant check processing services. We also offer a simple application procedure so that you always have a hassle-free experience.
Contact us today for the merchant account and payment processing solutions at +1-855-403-3855.What Makes Merchant Check Processing Services Better Compared To Paper?
Electronic checks are also termed to be as echecks. These are the digital forms of traditional paper checks. Echeck utilizes the network of ACH system (Automated Clearing House) to debit the funds directly from the customer’s bank account and credit it to the business merchant acquiring a bank account. As because the echecks are in digital form, they tend to get processed faster and get settled quickly in the bank account. Paper checks are likely to get obsolete soon in the future. With the help of echeck, a merchant can easily accept payments without going to the bank and then deposited in their acquired checking account. According to a report, it stated that nowadays, more and more purchases are being made online. This includes the usage of the new digital form of direct payment services which are quick and easy to process.
How Does Merchant Check Processing Services Works?
To retrieve the funds through echeck services, a business merchant needs to obtain some vital information from the customer. This includes checking account number and the bank routing number. This process can be done either by phone, online or even in person with the help of paper form. After this, the funds are verified with the customer’s bank account, and then the debit happens over the ACH network.
These are the parties involved in merchant check processing services:- The Initial Originator: This is the business merchant that takes the echeck. This includes the process of information retrieval from customers and providing it to the payment processor.
- The Business Bank: A business originator bank is also referred to be an ODFI (Originating Depository Financial Institution). This places the ACH data and aggregates the payment from several customers. All these payments are transferred in the form of batches to the ACH operator.
- ACH Operator: This operator shortlists the request for fund transfer and then settles the funds into the business merchant’s bank account.
- Customer’s Bank: At the customer’s bank account, an RDFI (Receiving Depository Financial Institution) retrieves all payment requests. After the process of verification, the funds get transferred and get settled in the business owner’s bank account.
There are a lot of benefits a business owner can take advantage of merchant check processing services. You can get in touch with our team at info@theecheck.com.
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Posted on September 21, 2020Card Processing Merchant Services Can Help Your Business Thrive!
When a new small business merchant or a retail business owner looks for an efficient card processing merchant services provider, they face a lot of hassle. The payment processing market is full of competition with so many processors. Still, some business merchants get confused whether to go for a merchant account from a bank or third-party payment processor. But don’t worry now. We have evaluated all your concerns, and here you will get all the answers so that you can opt for the best card processing merchant services.
Third Party-Payment Processors For Card Processing Merchant Services
It is very crucial for a business merchant to implement a credit card processing solution in their payment system. Credit card is one of the most preferred payment methods right now. This will also allow you to expand your business efficiently in this highly competitive market. A third party payment processor is also known to be a payment facilitator or payment aggregator.
If a business owner goes for a merchant account from a bank, it will include higher processing fees and other charges. It also restricts you in some areas while you expand your business as a bottleneck. There can also be a payment service to deny if your business starts receiving a high amount of chargebacks.
But these are in the case of a third-party payment processor. They allow you to have card processing merchant services to accept cc payments without setting up a merchant account. In this process, a business merchant is added as a sub-merchant under a merchant account that is shared among all other businesses. All the funds are collected on behalf of your transactions and gets processed further in your acquiring bank account.What Are The Benefits Of Payment Aggregator?
There are a bundle of benefits and advantages associated with an aggregated merchant account. It is especially helpful for a new and small business merchant who wants to accept credit cards payments for their business transactions. Some of the significant advantages of a third-party card processing merchant services are:
- Easy Application Process: We at TheEcheck know how much struggle involves while operating a business. That’s why we have made the easy procedure for you. A business owner needs to fill the application form and submit the required documents for verification. After verification, you are ready to accept credit card payments from your customers.
- Cost-Effective: An aggregated account does not require you to pay higher account setup fees. If you are looking for a best and cost-effective payment processing solution, this is best for you. Aggregated merchant accounts involve affordable processing fees so that you can get more revenue from your business sales.
- Quick Approval: The best part of aggregated merchant accounts is that there is no need to wait for approvals. The approval process gets completed very fast right after submitting all the required documents.
So it’s best for a new small business merchant to have a third-party merchant account from TheEcheck. We are one of the best payment processing and merchant account providers. With our industry expertise, we always provide you with a payment solution that fits as per your business requirements. If you still want to know more further about card processing merchant services, you can reach us at info@theecheck.com.
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Posted on September 21, 2020Why Do You Need A Credit Card Merchant Account Solution? Get The Answer Here!
Just like maintaining the quality of product and services you offer to your business customers, maintaining the ease of payment is also necessary. A seamless payment processing solution is very crucial for a business. Nowadays, digital payment services are the quite popular and most preferred method of payment. The usage of cash and paper check based payments are reducing day by day. Credit card payments are one of the most preferred and easy to accept the payment method. That’s why it is advisable for a business merchant to have a card merchant account so that they can easily accept debit card or credit card transactions. We at TheEcheck are the best credit card merchant account provider. Contact us today at +1-855-403-3855.
What Are The Basic Features Of Credit Card Merchant Account?
With the help of a credit card merchant account, a business merchant can take benefit of several facilities as provided:
- Ease Of Acceptability: Our credit card merchant account allows you to accept all types of cards quickly. This will enable you to save a lot of time in receiving payments from customers. This also helps your business to improve overall customer service experience.
- Payment Gateway: Our credit card merchant account provides you with the benefit of a secured payment gateway. This payment gateway ensures that all the information provided into the terminal by business merchants and customers are safe and secure. Our payment gateway is under the regulations and guidelines of PCI Compliance.
- Customer Tech Support: In this digital era, there can be a chance that a business merchant might get stuck in some bug or transaction failure. This can lead to a significant loss in business sales if not resolved within the right time. That’s why we at TheEcheck provide customer support service assistance with our merchant account solutions. This ensures that all your concerns get resolved at the right time so that you can always have a hassle-free payment processing experience.
What Are The Payment Processing Charges That A Business Merchant Should Know?
With a credit card merchant account, a business merchant needs to pay some processing fee as per the transactions. This fee varies from a low-risk payment processing merchant and a high-risk payment processing merchant. After submitting the merchant application form, the payment processor will analyze your business and classify it under the high-risk or low-risk category. Some of the charges that are associated with credit card processing are as follows:
- Flat Rate Charges: These charges are taken by the card service provider.
- Terminal Charges: The card merchant account consists of a virtual terminal. For a large scale retail business, some physical equipment to ease the payment process is necessary. These are the charges for the equipment required.
- Gateway Charges: It is necessary to have a PCI compliant payment gateway. These charges are taken for these compliance fees.
- Chargeback Charges: When a business merchant surpasses the threshold limit of the chargeback, a chargeback fee is generated. The business merchant should keep the chargeback ratio as low as possible.
If you still need assistance for a card merchant account, contact us at info@theecheck.com.
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Posted on September 21, 2020Make Your Business Ease With CC Payment Processing!
As a small business merchant, you might be working harder to make your business more profitable. But did you ever notice the payment processing system of your business? Do your existing merchant account and payment service provider help you to boost your business while resolving the pricing model faults?
If the solution to all of these questions is no, then you should start looking for a better cc payment processing solution. Debit cards and credit cards are one of the most preferred payment methods used by everyone. That’s why it is necessary to have a reliable and adequate cc payment processing solution for your business. TheEcheck is one of the most reliable payment processing solution providers. Contact us today at +1-855-403-3855.What Are The Benefits Of CC Payment Processing With TheEcheck?
There are a lot of cc payment processing service providers in the industry. But as a business owner, you are the one who knows the requirements for your business. We at TheEcheck understand all businesses, and that’s why we offer a customized processing solution that most suits according to your business needs. Here are some of the significant benefits we provide with our cc payment processing solution to business merchants:
- Affordable Processing Fee: This is one of the vital factors that affect your business revenue. That’s why we provide you with the most affordable processing fee rates. The lower the processing fee, the higher the money you can save in terms of processing rate per transaction.
- Easy Account Setup: If you are new to the business, then things might get difficult for you. Don’t worry! If you can’t be able to clarify all the modules that are associated with the merchant account. We will provide you assistance in setting up the procedures so that it can become easy for you.
- Industries Support: We provide merchant accounts and global payment solutions for every business industry. Whether it is a high-risk industry or a low-risk industry, we support every business. This allows you to expand your business in future with ease quickly.
- Invoicing Facility: We provide business merchants with the facility of generating invoices for every order. This allows you to quickly create an invoice whenever a customer places an order using debit cards or credit cards. This auto-generated e-invoice will help to make things easier for you. You also get the benefit of keeping the correct record of each and every transaction and order sales.
- Payment Gateway: If you are a business merchant who operates a business under the high-risk category, the payment security must be your primary concern. We provide our merchant accounts with the updated security measures. Our payment gateway is under the regulations and guidelines of PCI Compliance. PCI DSS stands for the payment card industry and data security standard. This ensures that all the sensitive information provided by you and your customers are safe and secure. This reduces the overall chances of there being any frauds.
- Customer Support Service: In today’s digital era, there are some chances that things might get wrong. It can be a bug or technical glitch. That’s why TheEcheck provides expert customer tech support for your assistance. This ensures that your concerns are resolved on time, and you can expect a hassle-free payment processing service.
Reach to us today for the best cc payment processing solution at info@theecheck.com.
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Posted on September 17, 2020Uniswap (UNI) is now available on Coinbase
Starting today, Coinbase supports Uniswap (UNI) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store UNI. UNI is available in all Coinbase-supported regions, with the exception of New York State.
Uniswap (UNI)
Uniswap (UNI) is a token used for governance actions in the Uniswap protocol, a decentralized automated liquidity protocol built on Ethereum. Uniswap empowers developers, liquidity providers and traders to participate in a financial marketplace that is open and accessible to all.
One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. We announced a process for listing assets, designed in part to accelerate the addition of more cryptocurrencies. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see UNI here), as well as a new section of the Coinbase website to answer common questions about crypto.
Customers can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store UNI today.
Coinbase holds UNI tokens and an equity interest in Universal Navigation Inc. (the company developing the Uniswap platform). Coinbase intends to maintain its investment in UNI for the foreseeable future and maintains internal policies that address the timing of permissible disposition of its digital assets, including UNI tokens.
Uniswap (UNI) is now available on Coinbase was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Posted on September 17, 2020Meet the Coinbase Crypterns who are building the future of money
At Coinbase, we believe that the best people to help us create the future of finance are the ones who will be the most affected: young people like our college Crypterns.
Whether it is a remote or an in-person crypternship experience, our Coinbase interns develop & ship high-priority projects over the course of their 12–16 weeks. Here are some of their stories:
Gerald Nash — Software Engineer Cryptern, Consumer & Security Team Tell us about yourself?
I’m a senior currently studying Computer Science at Howard University in Washington, D.C. I’m from the beautiful city of Atlanta, Georgia, and I enjoy learning new languages and exploring creative and useful ways that we can interact with technology. I’ve also had two Crypternships!
What projects did you work on during your crypternship?
For my first crypternship, I worked on an update to a consumer web application workflow to help ensure user transactions did not exceed their available balances. For my second, I helped design and implement a tool that regularly executed the in-house security scanner on a variety of internal software projects, which ultimately enables the security team to more reliably find vulnerabilities that may not be found as quickly otherwise.
What did you learn about the working world during your Crypternship?
I learned the importance of pacing and communication. When tasked with large projects, it’s important that you keep in mind the size and scope of your work so that you can plan what needs to be done accordingly. Doing this gives insight into how much work needs to be done during each work cycle (often a sprint). And, as you complete your work, it’s important that you communicate effectively with your manager and teammates regarding any wins that you’ve seen in addition to any newly found problems that could warrant future changes to your working pace or the project overall.
Samira Gadri — Software Engineer Cryptern, Commerce Team Tell us about yourself?
Hey! I’m Samira. I go to the University of British Columbia and I study Political Science and Computer Science. I was born in Afghanistan, but I have grown up in Vancouver, Canada, and call it home. I am really passionate about harnessing the power of software to give back and make a positive difference in the world.
What made you decide to apply to the Crypternship program?
I actually didn’t know a lot about Coinbase and cryptocurrencies prior to applying and working at Coinbase. I applied for the internship program because the mission described in the job posting, increasing economic freedom around the world, resonated with me. Working for a company that is actively working toward a common good is a huge factor in motivation and job satisfaction for me.
“Working for a company that is actively working toward a common good is a huge factor in motivation and job satisfaction for me.”
What projects did you work on during your crypternship?
During my 12-week internship, I was kept busy with plenty of things to work on. By the end of it, my Github stats said I merged 44+ pull requests into production. The first project I jumped on was a major team project for Coinbase Commerce. I implemented a lot of frontend bug fixes to help the team launch the feature. Afterwards, I was the feature lead for implementing an important requested feature to allow merchants to download all of their withdrawals and refunds data in a CSV format. I was able to scope it out, implement it and launch it before the tax deadline at the time. Finally, I was the feature lead on implementing a pay with Coinbase option on donation checkouts. Previously, Coinbase Commerce only had the option to pay with Coinbase for product checkouts that had a fixed price. I was able to come up with a way to get accurate exchange rates for dynamic user donation input and integrate it into the OAuth flow. I was also able to launch this feature before the end of my internship. Check it out here.
Sowmiya Subramaniyan — Software Engineer Cryptern, Consumer Team Tell us about yourself and why you chose to apply to Coinbase’s Crypternship Program?
I’m a Computer Science grad student at New York University, passionate about software development. I found out about Coinbase’s internship program when I was looking online for internships in the cryptocurrency and fintech space. I’d heard from previous interns that they’d had a great experience, and that got me interested in applying.
What did you learn about the working world during your Crypternship?
One thing I realized during my Crypternship is how crucial communication is in the professional world. Being able to effectively communicate progress updates and blockers in team meetings is very important for working efficiently. I also learnt how a real-world large-scale application works, and unlike in school where you work on ideal environments, things can go wrong sometimes. Learning how to quickly diagnose and recover from these errors in real time is a great software engineering skill that I gained.
Would you recommend the crypternship program?
Yes, definitely! Through the Crypternship program, you get excellent mentorship and guidance on improving your skills as a software engineer and get to work on impactful projects. Crypto as a tech domain is just emerging and is a very exciting space to be in — you can learn a lot about this space through the program.
“Crypto as a tech domain is just emerging and is a very exciting space to be in — you can learn a lot about this space through the program.”
June Xu — Software Engineer Cryptern, Custody Team What projects did you work on during your crypternship?
I was lucky to have the opportunity to work on a cross-functional project for my internship that involved directly contributing to one of Coinbase’s Q1 objectives and key results (OKRs). During my time, Coinbase was trying to transition to using more shared services. This transition included migrating all Coinbase products (Consumer, Custody, Pro) to use a unified ledger for computing balance. I had complete ownership over Custody’s transition to this ledger.
Throughout the project, I was able to work with multiple teams, spanning the Payments, Infrastructure, Consumer and Data teams. I set up and attended meetings on behalf of my project, communicated progress to various stakeholders, and also got to work with another awesome teammate near the end of the project to push it to the finish line.
At every step of the way during my internship, I was given the responsibility to do work that made a meaningful contribution to the company. My work felt like it was important to the company’s success. My teammates trusted me to complete my work, and always provided me with support if I needed it.
I’m super thankful for the entire Custody team and Coinbase for making this internship experience worth HODL-ing onto.
Natalie Pekker — Software Engineer, Cryptern Alumni Can you tell us about your Coinbase Crypternship experience?
As an intern, I got to work on real projects with impact, and I was treated like a real employee in a lot of ways. People who joined my team after I started sometimes didn’t even realize I was an intern for weeks. It was an authentic taste of what it would be like to work at Coinbase full-time after college. One of the most important things for me in my career is feeling challenged by the work I do in a way that helps me grow (while also not worrying about burnout), and after my internship, I knew that Coinbase was the right place for me.
“People who joined my team after I started sometimes didn’t even realize I was an intern for weeks.”
I loved my internship not only because of the work I got to do and the mentorship I received, but also because of the friendships I made. For example, my intern class got really close — we would get dinner together at the office almost every day. The number of interns from my class (roughly half) who returned to Coinbase full-time is a huge testament to the quality of the internship. We remain close to this day, and having them around made the transition to post-grad life a lot less daunting.
Allie Ilijevski — Compliance Cryptern Tell us about yourself?
I am a first generation American, college, and law student based in Chicago, Illinois! I speak fluent Macedonian and have two little sisters with a huge age gap (16 years). I currently focus on business and compliance law at Loyola University Chicago School of Law and intend to start my career in compliance.
What made you decide to apply to the Crypternship program?
I initially learned about Coinbase during my senior year at the University of Houston. A bunch of my college friends were extremely hyped up about what was then considered to be this crazy concept of “crypto.” Before I applied to the Crypternship program, I did my own research about Coinbase’s mission, vision, and strategy and found that they perfectly aligned with my career aspirations. Coinbase is also known across the crypto world as being the pioneer in its field, and who wouldn’t want to work for a company that is such a powerhouse!
Vrushabh Jambhulkar — Software Engineer Cryptern, Consumer Team What was the highlight of your Cryptern experience?
Oh boy, where do I start? My internship at Coinbase was such a wonderful learning experience. Even though my internship was completely remote, my team and the university recruitment team never made me feel that way. I gained a lot of professional experience working with my team especially from my mentor and my manager. Their guidance helped me to write high quality, well-tested code. Apart from the technical experience I have received during my internship, I learned a lot of non-technical skills as well. I understood that although planning and preparation may not be fun, it plays a very important role as well, like writing a well laid out technical document/plan. I also improved my communication skills and was able to communicate with all the stakeholders for the project. I feel like I have grown a lot in my professional career and am a lot more confident to work in the industry. All in all, it was awesome working at Coinbase and I can’t wait to get back to work again with the team.
Would you recommend our program?
Absolutely. The Coinbase internship program is a very rewarding experience for both the interns and the company. We get to work on real problems that directly impact the customers. And working under so many talented people in the industry you learn much more than just technical knowledge. Everyone is very welcoming and helpful; they will make sure that you are getting every resource that is required for you to learn and grow in your career. They will push you to do things that are outside your comfort zone, for example when my manager noticed that I have not been very prompt in communicating with the project channel with updates, he urged me to send out updates every week so I could improve upon my communication skills, which sure did help me to a great extent and it also helped me become more social with people. Coinbase has an awesome university recruitment team that makes sure you are never overwhelmed with work, and they organized so many fun events/workshops like my favorite pizza making workshop, terrarium building workshop, and many more. I highly recommend this program to everyone.
Namita Nair — Software Engineer Cryptern, Security Team What did you learn about the working world during your Crypternship?
I learned that effective communication is essential while working in a team, and we should always have a mindset of “continuous learning” . Coding is often the easiest part, the important part is defining the project scope and requirements perfectly. Documentation is equally important as coding.
What was most rewarding about your Crypternship? What was most challenging?
The most rewarding part was being able to talk to and work with brilliant and motivated people. I was able to work in a company culture that aligned with my values. I felt my work as an intern was valuable — my code shipped to production. The challenging aspects would be the steep learning curve, compounded by the fact that the internship was remote. I had to learn Golang, working in a MonoRepo, AWS Lambda functions on the job. I learned “how to learn,” and asking for help when stuck was encouraged, so I was able to remain productive throughout.
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Meet the Coinbase Crypterns who are building the future of money was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
