Review of AcceptBit: The Trust-Free Payment Processor

Review of AcceptBit: The Trust-Free Payment Processor

Joining the ranks of Coinbase, MtGox and Blockchain, Bitcoin developers Stefan Thomas and Jeremias Kangas have released a lightweight Bitcoin payment processor of his own, with a twist: you do not have to trust it to use it. The way that all other payment processors to date have kept track of individual orders is by creating a unique address for each....


Related News

Bitcoin Payment Processor Bitpay Goes Free and Unlimited Forever

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....

Pay Your Taxes With Bitcoin: SnapCard Launches 'Pay the IRS' Service

Bitcoin-based shopping cart snapCard is expanding its offerings by launching a pay-the-IRS service for its customers. "Tax services are truly relevant right now," Ioannis Giannaros, one of snapCard's founders, told CoinDesk. "It's going to be really cool." SnapCard users will be able to pay their taxes in bitcoin, and the company will process a USD transaction through a payment processor. "Essentially, you fill out a form and you say how much you want to pay. Then, we invoice you." Tax Payment Processing With BTC. "There are payment processors that have partnered with the government....

CCN Week in Review: Square Supports BTC, Neo & Bee Insolvency, Crypto Rush Collapses, and More

It's Sunday again, and you know what that means. It's time for another CCN Week in Review. This week, from 31 March - 6 April, payments processor Square began accepting bitcoin, Neo & Bee became insolvent, altcoin exchange Crypto Rush collapsed, and more. Our in-house media specialist Calvin Tran has got another informative and entertaining video about this week's news, so be sure to check that out. After that, scroll down to get more details on this week's top stories. [youtube http://www.youtube.com/watch?v=ejYvvj-cYH0?rel=0]. Square Market Accepts Bitcoin. Merchants who use Square....

Bitcoin Processor Bitnet Finalizes Partnership with Computop

Readers may remember back in March when the Bitcoin payment processor, Bitnet, partnered with Cardinal Commerce to add Bitcoin payment as an option to hundreds of recognizable brands. Bitnet is a company that aims to do the same thing that some in the Bitcoin space are doing already, but better. Through creating partnerships with traditional merchant payment service providers, the company is trying to position itself in a way that it will be the default option for many who may not yet have considered plan B. By simply having to tick an option with their existing platform instead of adding....

Mycelium Gear Offers Merchants Direct, No-Fee Payment Processing

Mycelium has announced the launch of a new merchant processor, Mycelium Gear. Merchants can now receive payments directly into a Mycelium or Electrum wallet free of charge by installing a payment widget on their website or by integrating its open-source API into their backend. In Friday's announcement on r/Bitcoin, Mycelium Community Manager Dmitry Murashchik states, "Mycelium Gear is a merchant processor which demonstrates something that has never been possible before Bitcoin: the ability for merchants to use a full featured merchant processor to receive payments online, and have the....