Payments Processor ChainPay Launches to Challenge Coinbase, BitPay
A bootstrapped startup in the Isle of Man has launched a payment processor called ChainPay that it hopes will compete with the likes of BitPay and Coinbase in the European market. The firm, called AltXE, says it is focused on signing up European merchants to use its payment processor and that its fee schedule and personal attention to customers will distinguish it from its much better funded competitors. "If you sign up with Coinbase you might be just another merchant in their box. If you sign up with us, we'll be engaged with the merchant, making sure that everything is functioning well,"....
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The bitcoin conglomerates Coinbase and BitPay are about to have some major competition from ChainPay, a new payment processor headquartered in the Isle of Man. ChainPay is being launched by startup firm AltXE, which according to co-founder James Carter, is aiming to introduce smaller fees and easier payment methods in an attempt to compete with the big leagues and tackle more customers in Europe: "If you sign up with Coinbase you might be just another merchant in their box. If you sign up with us, we'll be engaged with the merchant, making sure that everything is functioning well." The....
In a press release announcing its partnership with ChainPay, Payment Goblin is now able to offer its bitcoin services to clients based in Isle of Man. Payment Goblin is a payments processor company offering credit card payments processing to merchants internationally while the ChainPay platform provides bitcoin payment gateways services to merchants. "Payment Goblin is a forward thinking payment processor who recognizes the value of Bitcoin payments. We are pleased to be working with such an organisation whose goals are aligned so well with ourselves. Through this partnership we hope to....
Bitcoin payments processor BitPay hopes to bring one million merchants on board with its new free and unlimited pricing model. Bitcoin merchants don't necessarily have to use third-party payments processors like Coinbase and BitPay. Using APIs such as Blockchain's Receive Payments API (or by creating one's own), it's possible to accept bitcoins without trusting a third party or paying them fees. However, most Bitcoin merchants still use services like Coinbase because getting set up is a lot easier. Coinbase has recently grabbed headlines for partnering with companies such as Dell and....
In a surprise move, e-wallet provider and payment processor Neteller quietly started to accept bitcoin deposits at zero fees via BitPay. Neteller customers will now be able to top up their accounts by exchanging Bitcoin via Bitpay which enables Bitcoin conversion into e-currency, the e-currency is then deposited into the Neteller stored value account into one of the currencies offered by Neteller. Neteller, owned and operated by publicly traded British global payments company Optimal Payments PLC, is used by millions of consumers in more than 200 countries and especially popular in the....
Long-standing bitcoin payment processor BitPay announces Lightning Network support, bringing efficient bitcoin payments to millions of shoppers.