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....
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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....
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....