Bitpay won’t be using Lightning or Liquid any time soon, with actual Bitcoin payments still accounting for 95% of transactions.
BitPay definition is not just a virtual wallet. It is a whole platform for transferring Bitcoin in any other fiat currencies. The company was founded in 2011 in Atlanta, Georgia. At the moment platform has a leading position in processing of all payments with Bitcoin and client base over 20000 businesses in 164 countries. The program briefly can be described as registration a merchant account, choosing a tariff plan, getting an individual code and putting it wherever you need (usually on a trading website). The system converts all currencies to Bitcoin or other digital money and vice versa so that everyone can pay and receive money in a form they need. It is very convenient way to avoid working with virtual money in case they don’t want to. Of course, fees are included but their number depends on the chosen plan. Overall there are four tariff plans and their costs vary from 0 to 3000 dollars.
The latest revolt against the controversial BitPay appears to result in open-source competitor BTCPay getting its business.10615
BitPay and Binance have partnered to provide the payment firm’s 2 million individual and merchant customers with access to Binance’s stablecoin BUSD.4785
BitPay restores service to all Bitcoin wallets upon the request of merchants looking to drive mainstream adoption of cryptocurrencies.5601
BitPay CEO says platform will add support for more cryptocurrencies, along with possible integration of the Lightning Network – will BitPay become the next PayPal?5325
EGifter becomes the first merchant to accept XRP through BitPay, creating new and practical uses for the digital asset.4695
BitPay integrates with OneGold mobile app, allowing crypto users to purchase gold using Bitcoin and other digital currencies.5216
Speaking to mainstream media, Sonny Singh publicly pledged his belief in BTC/USD beating its all-time high of $20,000 at some point this year.9290
Major cryptocurrency payment service provider BitPay had a temporary outage of Bitcoin payments on Dec. 22.3786
A curious implementation favors three lesser-used stablecoins, executives shunning Tether, which is by far the industry’s most popular option.2385
Bitcoin’s profile for wealth protection gains momentum in the media as Hong Kong Free Press dumps BitPay.3365
Cryptocurrency payment processor BitPay has entered a partnership with Ripple’s investment arm Xpring to support payments with XRP.4696
Major cryptocurrency payment services provider BitPay has undergone a security and confidentiality compliance audit, the Service Organization Control 2.3483
Developers are still keen on removing BIP70 from the Bitcoin Core client altogether, they reveal.4091
The financial market regulator of Luxembourg warned the public about the activities of a clone website impersonating crypto payments provider BitPay.2355