BitPay Surpasses 26,000 Approved Bitcoin-Accepting Merchants
Bitcoin payment processor BitPay continues its rapid growth as more and more businesses turn to bitcoin to solve challenges presented by the traditional financial system (exorbitant fees charged by credit card processors, for example). The Atlanta-based company announced on Tuesday that they've surpassed 26,000 approved merchants. An impressive number, certainly, and it comes almost six months after their announcement of reaching the 10,000 merchant mark last year. BitPay has become one of the go-to places for merchants to start accepting bitcoin, and allows these very merchants to convert....
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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....
BitPay has now helped over 10,000 merchants across the world accept payments in bitcoin. The company, which was founded in 2011, only approved its 1,000th company this time last year, so it has experienced a huge surge in business over the past 12 months. Of the merchants that use BitPay, some 50% are located in North America and 25% are in Europe. Over 90% of the merchants using the payment service provider are ecommerce businesses, and BitPay also counts blogging platform WordPress among its clients. Tony Gallippi, co-founder and CEO of BitPay, said: "Our largest merchants are selling....
Bitpay is now offering free processing, forever. No catches, no gimmicks, nothing. Compared to their main competitor, Coinbase, which offers free processing on the first $1,000,000 and then a 1% fee after that. While competitive with Bitpays rates in the past, nothing competes with free. If you are running a large company and need dedicated support, Bitpay has packages that allow you to pay support and engineering services if you so desire. Bitpay expects on reaching 1 million merchants by 2016, and with the announcement of this its definitely enticing enough. And as people see more and....
BitPay, Inc. located in Atlanta, GA and currently the lead Bitcoin payment processing company rolled out a series of several exciting announcements this morning. BitPay now works with over 12,000 merchants opening the door to multiple avenues to purchase goods with Bitcoin. Announcing its global bitcoin directory, BitPay features many of the world's bitcoin-accepting merchants. Individuals can quickly search for ways to purchase everyday goods and services with Bitcoin. With all the traditional excitement surrounding Black Friday, BitPay is also a lead sponsor of Bitcoin Black Friday,....
Adyen, one of the world's top online payment processors, has just signed on to integrate Bitcoin payments into their systems through Bitcoin payment processor BitPay. This agreement will allow over 3,500 merchants worldwide to join over 100k merchants currently accepting Bitcoin all over the globe. Facebook & Groupon Lead Adyen's List of Clients. Among the top online names who use Adyen and can start accepting Bitcoin in the immediate future include Facebook, Groupon, Airbnb, Spotify, and Ryanair. Adyen has access to four of the Internet's top five companies overall. "Interest in bitcoin....