BitPay Adds 10 Languages and 150 Currencies to its Bitcoin Checkout

BitPay Adds 10 Languages and 150 Currencies to its Bitcoin Checkout

BitPay, the world’s largest payment processor for virtual currencies, announces that it now offers translations into 10 languages plus English for their entire checkout experience. Merchants servicing international customers can now present bitcoin payment instructions in the buyer’s native language, allowing merchants to more easily conduct business in emerging markets.

Recently at the European Bitcoin Conference in Amsterdam, BitPay co-founder and CEO Tony Gallippi announced that the company is actively hiring sales engineers, a director of marketing, and software developers for its new offices in Amsterdam and Montreal.

“The European market for bitcoin adoption is very large, perhaps larger than in the United States,” says Gallippi. “Nearly every European business can already deal in multiple currencies, a prerequisite which is rarely seen in the U.S. Many small businesses in Europe have frequent cross-border transactions to Eastern Europe, the Middle East, and North Africa where a borderless payment system like bitcoin has great potential.”

In addition to the translations, the company has expanded its list of currencies in which merchants can set prices for their sales. The new additions include the Argentine Peso (ARS), and Gold and Silver troy ounce (XAU and XAG). For example, if a gold dealer wants to sell one ounce of gold at 5% over spot, they can set the price to 1.05 XAU and BitPay will calculate the checkout in bitcoins at the up-to-the-minute rate.

The exchange rates are based on BitPay’s Bitcoin Best Bid (BBB) rate calculation, which creates a Consolidated Level II market depth across multiple exchanges with zero commission fees, and updates every 1-2 minutes. Buyers will always get more purchasing power by spending their bitcoins at a BitPay merchant rather than selling their bitcoins on an exchange.

BitPay is a sponsor of the CryptoCurrency Conference in Atlanta on October 4-5. Both BitPay co-founders Tony Gallippi and Stephen Pair will be speaking at the event on Saturday, October 5.

About BitPay

BitPay is a Payment Service Provider (PSP) specializing in eCommerce, B2B, and enterprise solutions for virtual currencies.

BitPay: https://bitpay.com/


Related News

BitPay's Bitcoin Checkout Receives Nomination for Retail App Of The Year

BitPay's point-of-sale app Bitcoin Checkout has been nominated for the Retail App of the Year award at the Contactless & Mobile Awards to be held in London this April. The revolutionary app improves the customer experience by allowing them to accept Bitcoin payments on a mobile device. Bitcoin Checkout utilizes the NFC (Near Field Technology) which allows its users to transfer the funds by just establishing a radio connection and tapping their phones. "We want to show the world that this combination of NFC and Bitcoin technology really is the most secure, frictionless solution out there,"....

The BitPay BOOM

On the tails of Bitcoin Black Friday, BitPay Inc. announced a new record of processing 55,288 of bitcoin merchant transactions in November. BitPay continues to sign on new merchants daily and most recently released a new merchant pricing model and merchant directory. Taking the lead in the payment processing space in the Bitcoin community, BitPay also brought on Virgin Galactic as a merchant to go as far as facilitate the acceptance of Bitcoin for flights to outer space! BitPay onboarded over 3,000 merchants and also worked with Shopify to integrate BitPay into its checkout process to....

BitPay Aims to Speed Up Bitcoin Checkout with 'One-Tap' App

BitPay has released a new merchant app that aims to cut queues at the till with 'one-tap' bitcoin payments. Bitcoin Checkout, which debuted at the Money20/20 conference in Las Vegas this week, makes BitPay the first bitcoin merchant processor to offer one-touch payments at the point of sale. In what the company describes as a "seamless" experience, customers can hold their tablet or smartphone over the merchant's point-of-sale device and - using NFC (near-field communication) technology - submit their digital cash by tapping 'send'. Mobile apps by Mycelium, Bitcoin Wallet and Hive are all....

Convenient: Coinbase Adds Support For Bitcoin Payment URLs

San Francisco-based Coinbase today announced they have added support for bitcoin payment URLs, so when a user enables this feature, they'll be able to click on bitcoin payment URLs and be directed to Coinbase. Coinbase then pre-fills each of the fields (bitcoin address and amount), which helps the consumer make some time and send through their payment with ease. "Ease of use is especially important when sending payments to merchants during a checkout, like when making a purchase with bitcoin on Overstock or Fiverr," the company wrote on their blog. "Using Coinbase as a bitcoin URL handler....

BitPay Surpasses 10,000 Merchants

BitPay Inc, one of Bitcoin's lead payment processing companies, has just announced that it has surpassed 10,000 merchants. BitPay now provides services to merchants in 164 countries with approximately 50% in North America, 25% in Europe, and 25% in the rest of the World. During the month of August, BitPay processed over 10,000 transactions reaching a total value of over $6.4 million. As Bitcoin is becoming more mainstream many merchants are looking for expedient ways to sell products for BTC and BitPay is on the radar. With a Year-to-date in 2013 of over $34 million worth of bitcoins, a....

Quotes

Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.

Pieter Wuille, Software Engineer