BitPay Integrates Bitcoin with Fulfillment by Amazon.com
BitPay, the world’s leading payment processor for bitcoin payments, announces that it has integrated its service with Amazon.com’s Fulfillment-by-Amazon (FBA)web service. This is the first move into large-scale eCommerce for companies wishing to accept payments over the bitcoin peer-to-peer payment network.
Fulfillment-by-Amazon allows a seller with inventory in Amazon’s warehouses to sell the items on the seller’s own website, and have Amazon fulfill and ship the order. Products sold through FBA are eligible for Amazon Prime and FREE Super Saver Shipping. The service from BitPay and Amazon is available to Amazon sellers in the USA, UK, Germany, France, Italy, and Spain.
Coin Publishing LLC, the operators behind Bitcoin Magazine, have been using this new feature from BitPay for several weeks now, and they are extremely happy with the performance.
“Adding BitPay’s plugin to our webstore, which is based on WordPress, has dramatically improved our logistics,” says Mihai Alisie, Editor-in-Chief of Bitcoin Magazine.
“When orders get paid through BitPay, Amazon’s servers are automatically notified, and our admin screen is updated with the correct status. PayPal does not offer the same service that BitPay can, so we have to manually process any orders which are paid through PayPal.”
BitPay’s integration with Amazon currently works with WordPress.com, the world’s most popular web publishing software, and WooCommerce, a comprehensive eCommerce platform for WordPress. BitPay plans to add the Amazon integration into other shopping cart platforms in the near future.
BitPay recently added to their seed round of funding and is currently hiring software engineers and sales staff for its Atlanta headquarters, located in the Atlanta Tech Village.
BitPay was started by Tony Gallippi and Stephen Pair in 2011. The company has developed a suite of software tools that allow businesses to collect payments over the bitcoin peer-to-peer payment network. Using BitPay, a business can accept a payment from any country on earth, instantly, with zero risk of fraud. BitPay also offers the added convenience of having the bitcoins automatically converted to a merchant’s local currency, such as dollars or euros, and direct deposited into their bank account with a guaranteed exchange rate.
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
Bitcoin's largest payment processor, BitPay, has announced that they have added a new feature to their array of merchant services: integration with Fulfillment by Amazon. Fulfillment by Amazon is a service which allows any business with inventory in Amazon's warehouses the ability to sell the products on their own website, and then have Amazon automatically ship them to the buyer's address. The service is available to merchants in the USA, UK, Germany, France, Italy, and Spain, although it can be used to ship worldwide. Services like FBA are rapidly closing the gap between small businesses....
Following recent coverage of a potential exploit on services that rely on Amazon Wishlist for order fulfillment, Purse.io, a Bitcoin service that allows users to "buy" goods on Amazon using Bitcoin at a heavily discounted price, has clarified that this particular scam has long been dealt with for Purse users. Through the use of a proprietary order tracking system, Purse.io isn't dependent on Amazon Wishlist, which Amazon admits has known errors that lead to scams. Purse.io has several times the Amazon trading action as Brawker; as such, they have the data to construct reliable fraud....
Since it's a slow news day, why don't we go ahead and focus on something positive and nice like bitcoin adoption? Sound good? I've just spotted this press release crossing the wire from a company called Rakuten Super Logistics U. S. (formerly known as Webgistix) has announced they are planning to accept bitcoin from customers who rely on them for "business-to-business order fulfillment services" and providing software to retailers who operate online. They write in their news release: Rakuten Super Logistics is making e-commerce fulfillment payment options for merchants more accessible on a....
London, January 26, 2016. UK Bitcoin service provider SpectroCoin.com this month launched a new feature on its platform to allow clients to purchase Amazon vouchers with Bitcoin. Vouchers for Amazon.com, Amazon.co.uk, Amazon.de, Amazon.it, Amazon.fr and Amazon.es are available. “After the introduction of Amazon.co.uk vouchers back in November 2015 we have seen a significant interest from our clients in other countries to be able to purchase vouchers from different Amazon shops, therefore, we added up another 5 Amazon stores to serve European and US customers” says SpectroCoin.com....
This is what Amazon Wallet looks like. Amazon isn't new to the digital payments industry. The online retailer launched Amazon Payments back in 2007, a service that directly competes with the likes of PayPal and Google Wallet. Then in December 2013, Amazon purchased GoPago, a mobile payments platform. Now, continuing the company's push into the digital payments sector, Amazon has launched Amazon Wallet. What Amazon Wallet Does, Or Rather, Doesn't Do. Amazon Wallet is...surprisingly basic. Designed for use at the point-of-sale, Amazon Wallet is essentially an Android app that stores gift....