BitPay apparently screened merchants but not customers.
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.
Bitpay prepaid Mastercard users can now connect with Apple Pay for purchases.17818
Will institutions hold Bitcoin for years as initially thought, or sell for a quick profit?45996
Vegas Auto Gallery has seen an influx of Bitcoin payments amid the bull market.9760
Another crypto player has taken steps to go mainstream, but a lot of work still remains ahead.4997
BitPay beat Pinterest by several ranks on Deloitte's prestigious list.3226
BitPay Send allows businesses to issue mass crypto payments around the world without having to hold any crypto themselves.9393
COVID-19 has forced businesses around the world to adapt to new ways as crypto companies embrace the “decentralized normal.”7490
“Cryptocurrency is money,” argues a Wisconsin State Assembly candidate.5215
Crypto seems to thrive on remote work.2857
Twitch ramps up its crypto strategy with a digital currency promotion. Will more merchants follow suit?12849
Twitter will add more security training to prevent a repeat of the hack that hit 130 accounts including celebrities.7304
Watch out credit cards: A furniture retailer says it believes crypto offers big benefits for businesses and consumers that an old-fashioned plastic card can’t match.14620
Are traditional business enterprises ready to embrace a blockchain-based payments network? Maybe not, according to two research reports.16473
Bitpay wins Company of the Year Award from market research company.2620