BIPS Releases 0% Merchant Processing Solution

BIPS Releases 0% Merchant Processing Solution

Is @bips the name to beat in online payment systems?

Bitcoin Internet Payment System (BIPS) has officially launched its full featured free merchant gateway. BIPS was created with simple goals in mind; to free merchants of processing fees and eliminate fraud. Built with Bitcoin technology, BIPS accomplishes both of those objectives.

BIPS has guaranteed merchant processing rates so merchants can accept bitcoins without worrying about market fluctuations. With 45 supported currencies, 0% processing fees and no charge backs, credit card companies cannot compete. The world of merchant payment processing will never be the same.

Television personality Max Kaiser tweets, “Is @bips the name to beat in online payment systems?” Absolutely. Pioneering Bitcoin and online security, BIPS delivers a unique solution not found anywhere else. With Secure Card, Google Authenticator, Double salted 512-bit hashed passwords, Cold storage and IP Guard rest assured knowing your account is secure. BIPS was modeled on over a year of customer feedback from WalletBit and a desire to change the payment world.

BIPS empowers even the smallest merchant to securely accept payments for their products and services anywhere in the world – for free. From the struggling family in India to the successful business in Toronto everyone has an equal opportunity to accept payments. In doing so, BIPS unlocks the full potential of Bitcoin. BIPS will not charge merchants any processing fees for accepting payment.

Anyone using BIPS has the option of signing up using an existing Facebook, Twitter or Google account. This means there is no need to remember another password unless the user want to. For those who like to do things the old fashioned way, BIPS also have a secure traditional sign up method.

BIPS combines years of Bitcoin processing experience to create the ultimate Bitcoin website. Best of all BIPS is free. Simply put, BIPS is the last Bitcoin website one will ever need.

Related News

Fidor Bank, BIPS Team Up for Merchant Bitcoin Payments Initiative

Bitcoin merchant processor BIPS announced several upgrades to its business this week, including a new relationship with Germany-based Fidor Bank and an integration of the bitcoin payments protocol. Working with Fidor Bank enables the company to offer free Single Euro Payments Area (SEPA) bank settlements to its merchant customer base. According to BIPS, this option was originally available to its customers in Denmark, though the company is focusing on the entire European market. BIPS CEO Hans Heming said the association with Fidor is aimed at offering cheaper bitcoin payments processing to....

WalletBit Team Comes Out With New and Improved Platform BIPS

Adam Harding and Kris Henriksen, the two people currently in charge of the popular Bitcoin payment processing platform WalletBit, have come up with a new and improved merchant platform: BIPS. BIPS brings a number of improvements over WalletBit including a new user interface, an easy-to-use REST API for interacting with the service automatically and, most importantly, no fees for the basic Bitcoin service. Instead, BIPS will make its money on a variety of complementary services, including user-encrypted cold storage, having fees automatically deposited to one's bank account, and having....

Bitcoin payment processor BIPS abandons Mt. Gox for Bitstamp

Adding to the strife over at Mt. Gox, payment processor BIPS has abandoned the exchange, instead signing with Bitstamp. BIPS is a two-year-old payment processor cited by Crunchbase as the largest provider of bitcoin payments in Europe. The Copenhagen-based firm, founded by Kris Henriksen, had been using Mt. Gox to convert between fiat currency and bitcoin. It threw in the towel with Mt. Gox early this week, explaining that the number of sell orders is increasing as merchants embrace bitcoin payments. Mt. Gox continues to be slow processing withdrawals, and is having problems keeping up,....

BIPS enables Bigcommerce's 40,000+ merchants to accept bitcoin

Payment platform BIPS has announced support for the ecommerce cart platform Bigcommerce, which is used by over 40,000 merchants across the globe. The new development means businesses can sidestep credit card transaction fees by using the easy, private and cost effective payment solution that is bitcoin. Kris Henriksen, CEO at BIPS, believes that passionate bitcoin enthusiasts will use the Bigcommerce integration to further expand the BTC economy. "Our company mission is to provide a comprehensive carrier-grade technical platform that enables our merchants to receive cryptocurrencies as....

BIPS Launches POS App That Allows Businesses to Accept Bitcoin

A new application that serves as a point-of-sale system has been launched by a company called BIPS - which is an acronym for Bitcoin Internet Payment System. This application, available on the Google Play store, works like some of the other solutions we've seen out there. The merchant enters in the applicable information, a scannable QR code is generated, and the customer makes the payment by scanning the code and sending the funds. Using the Mt. Gox exchange rate, the latest rate is locked in for about 15 minutes, and funds can be instantly converted back to fiat. BIPS is touting their 0....