James IV Invitational will be the first Pro-Am Golf Tournament to accept Bitcoin through its strategic partnership with industry leader Bitpay

James IV Invitational will be the first Pro-Am Golf Tournament to accept Bitcoin through its strategic partnership with industry leader Bitpay

The James IV Invitational (JIV) pro-am golf tournament will take place from April 13th – 17th 2014 at Caesars Palace in Las Vegas, and boasts a purse of $625,000. James IV provides a unique sports experience combining top quality luxury and social responsibility into a single top tier event.

The newly formed partnership with Bitpay will further establish James IV Invitational as the most exclusive pro-am golf tournament in the world. In addition to its partnership with BitPay, MRI Tournament Partners has also introduced an array of digital innovations, where both participants and supporters will have a one of a kind, fully customized experience at the tournament.

Tournament participants will have the ability to process payments for registration fees using the digital currency through their website http://www.James4th.com/, as well as their mobile application which will be available for iPhones and Android devices in the spring of 2014.

With 1,000 new merchants signing up each week to accept Bitcoins, the concept of digital currency has become a reality and James IV Invitational has taken it’s first steps in embracing the change.

Kim Futch CEO & Co-Founder of MRITP says

“In today’s financial world, really innovative philanthropy is all about developing concepts that will be sustainable even after the initial giving has taken place. The partnership with Bitpay has shown that MRITP is heading in the right direction to do just that.”

ABOUT BITPAY

Bitpay is a Payment Service Provider (PSP) specializing in ecommerce and B2B solutions for Virtual currencies.

Bitpay: http://bitpay.com/

ABOUT MRI TOURNAMENT PARTNERS

MRI Tournament Partners (MRITP) creates unique luxury sports tournaments for high-end amateur players, combining philanthropy with a professional quality event. These events offer high stakes prizes, and in addition, 10% of the net revenue from every event is donated back to the community, divided between the host community and the winner's community.

MRI Tournament Partners (MRITP): http://mritp.com/
I4 Investment Fund: http://www.i4fund.com/
To register for the event, please visit http://www.james4th.com/


Related News

50 Cent Catches the Bitcoin Bug

50 Cent announced today that he will sell his new album Animal Ambition for bitcoin through BitPay. As 50 Cent will not be the only artist interested in providing bitcoin as a payment option, BitPay makes it easy for artists to accept bitcoin. 50 Cent is using a Shopify store to sell his latest album and can, through BitPay's partnership with Shopify, accept payment in bitcoin. There could not be a better combination of innovation in music and payment. We look forward to seeing which other musicians follow suite. With 50 Cent as the first large independent artist to accept bitcoin as a....

Bitcoin Flies Farther in the Travel Industry after BitPay's Latest Partnership

BitPay has announced a new partnership with European information technology provider Ypsilon.Net. The company provides a platform with booking engines and the payment processing framework for tens of thousands of websites, processing millions of transactions every month. A new partnership between payment processor BitPay and Ypsilon.Net, a leading IT solutions provider for the travel industry will soon see thousands of online agencies and travel booking platforms offer a bitcoin settlement option for customers. In a blog post , BitPay made the announcement of its partnership with payment....

Money 20/20: BitPay Announces New Mobile App

On Monday morning at the Money 20/20 conference in Las Vegas, BitPay announced the launch of their new BitPay App, a user-friendly bitcoin wallet that spans across all parts of BitPay’s ecosystem, including the open-source CoPay. BitPay Makes Big Announcement at Money 20/20. In a partnership with Intel, BitPay is enabling users to act as their own banks through securing private keys directly on ones device. The BitPay App features a multi-signature wallet, password selection and an onboarding flow to educate new users about Bitcoin. Moreover, users will be able to trade Bitcoin within the....

BitPay, Toshiba Partnership Brings Bitcoin to 6,000 New Merchants

Bitcoin merchant payment processor BitPay has announced a new partnership with electronics manufacturer Toshiba that will integrate bitcoin payments into Toshiba's touch-screen point-of-sale platform, VisualTouch. BitPay will provide technical assistance for the purpose of integrating bitcoin payments into the existing VisualTouch system. VisualTouch is used by more than 6,000 client-companies in the hospitality, restaurant, grocery and retail sectors worldwide. The partnership is being formally announced at the 2014 National Restaurant Association Show, an annual conference held by the....

BitPay Announces Partnership to Integrate Bitcoin Acceptance into Toshiba's VisualTouch POS System

Atlanta-based BitPay, digital currency payments processor, announced on Thursday a new partnership that will allow their services to be integrated into Toshiba's VisualTouch point-of-sale software solution. The VisualTouch solution is a system designed for business management and is widely used in the hospitality, food service, grocery, retail, and concession industries with a user base of approximately six thousand customers. Some of those customers even have over 1,600 locations in which the VisualTouch system deployed. With an integration with BitPay's own solutions, the VisualTouch....