BitPay Has Processed Over $100 Million in Transactions This Year
Bitcoin payment processer BitPay has announced today some pretty impressive figures. The company says they've managed to do upwards of $100,000,000 USD in transactions this year, with a merchant base exceeding 15,000 in about 200 countries. "BitPay is the gateway payment for businesses that want to accept bitcoin. It's the main player to develop the merchant economy for bitcoin community," says BTCTrop CEO Martin Fernandez. The company says that since they've introduced their all-inclusive pricing plan, merchant sign-ups have increased a whopping 50%, effectively tripling the amount of....
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Digital currency enthusiasts around the world are doing their best to convince people that Bitcoin has shifted from being a speculative investment to an everyday currency. A recent study conducted by Bitpay, the world’s leading Bitcoin payment processor, confirms that statement. BitPay Number Crunching. Because of Bitcoin’s disruptive nature, the digital currency is in a prime position to set a lot of new and unexpected trends. Granted, Bitcoin is still speculative, and its price volatility is still present, but more people now value Bitcoin as a currency. For BitPay, having processed over....
Payment processor BitPay recorded a record number of transactions during the 'Bitcoin Black Friday' event on 29th November, accounting for 6% of all bitcoin transactions on the day, according to an announcement from the company. "[The bitcoin economy] is soaring ... as merchants are seeing tremendous value in accepting bitcoin payments," said BitPay CEO Tony Gallippi. BitPay said it processed 6,296 bitcoin transactions on Black Friday this year. Transaction volume grew by just under 6,260% compared to a year earlier - BitPay processed 99 transactions on the same date last year. Merchants....
BitPay Inc, one of Bitcoin's lead payment processing companies, has just announced that it has surpassed 10,000 merchants. BitPay now provides services to merchants in 164 countries with approximately 50% in North America, 25% in Europe, and 25% in the rest of the World. During the month of August, BitPay processed over 10,000 transactions reaching a total value of over $6.4 million. As Bitcoin is becoming more mainstream many merchants are looking for expedient ways to sell products for BTC and BitPay is on the radar. With a Year-to-date in 2013 of over $34 million worth of bitcoins, a....
Digital currency processor BitPay has today released some impressive statistics from the Bitcoin Black Friday event that took place this past Friday. Bitcoin Black Friday, as the name would suggest, is a play on the traditional Black Friday shopping day, in which retailers heavily discount their prices. Likewise, many businesses online that accept Bitcoin joined in on the fun, and so Bitcoin Black Friday was born. The payment processor said that on November 29th, they processed 6,296 transactions - making the day the most popular in the history of "bitcoin commerce", as noted by the BitPay....
Bitcoin payments processor BitPay has revealed it is now processing an average of $1m worth of bitcoin payments per day. Coinbase and BitPay are currently the biggest bitcoin processors on the market and BitPay says it is serving the needs of over 30,000 businesses and organisations. The company's client list features a number of big names, including: Zynga, Virgin Galactic, WordPress, Gyft, Shopify and TigerDirect. Bitcoin adoption made easy. The basic idea behind bitcoin payments processors is simple - they allow merchants to accept bitcoin without having to handle bitcoins at all, as....