The BitPay BOOM

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....


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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....

Using Bitcoin With Apple Pay: Bitpay Adds Apple Pay Support — Google Pay, Sam...

Bitcoin payments service provider Bitpay has added support for Apple Pay. Holders of a Bitpay prepaid Mastercard in the U.S. can now add it to their Apple Pay app to make payments for goods and services. Bitpay says that Google Pay and Samsung Pay will also be added in the near future. Bitpay Cardholders Can Now Use Apple Pay Bitpay announced Friday its support for Apple Pay. U.S.-based Bitpay debit card users can now add their Bitpay card as a funding source inside their Apple Pay app. This will allow them to make online and in-store purchases with cryptocurrencies wherever Apple Pay is....

Bitpay Implements 1inch Network Support — Wallet Users Can Access Defi, Dex A...

On August 31, the Atlanta-based cryptocurrency payments services provider Bitpay announced that the Bitpay wallet has integrated the decentralized exchange (dex) aggregator 1inch Network. Bitpay wallet users can utilize 1inch protocol to swap ether or the myriad of ERC20 tokens. The Bitpay Wallet Supports 1inch Decentralized finance (defi) has grown exponentially according to statistics as defillama.com data shows there’s $157 billion total value locked (TVL) across all defi supporting blockchains. Metrics from Dune Analytics indicate that, as far as Ethereum....

BitPay Introduces New Cryptographically-Secure API

Some news coming this evening from the BitPay camp. The Atlanta-based bitcoin processing company announced Thursday a new cryptographically-secure API that makes use of previously-announced authentication protocol BitAuth. Without getting to specific (largely due to the fact that I am not a programmer/developer), BitPay's new API offers a number of features that certainly sound like they are useful. This includes the implementation of refunds to any bitcoin address (as opposed to requiring a BitPay account). here's what BitPay has to say on the feature: [The refund API] will allow all of....

BitPay Opens Offices in San Francisco and New York

BitPay has expanded its operations by opening offices in San Francisco and New York. The bitcoin payment processor is headquartered in Atlanta, but the new offices will help the company to bring in new business and offer operational support to the merchants it currently works with. "BitPay is happy to announce two new office openings in San Francisco and New York City. Our San Francisco location hopes to leverage the existing tech and bitcoin communities throughout the area," said Stephanie Wargo, BitPay's VP of Marketing. "BitPay's office in New York will enhance visibility in the....