BitPay CEO Says Businesses That Accept Bitcoin Should Have a Basic Understanding of the Technology
With thousands of businesses around the world beginning to accept bitcoin, you have to ask: what's the real reason? Are they genuinely attracted to the benefits bitcoin offers merchants? Are they doing it for publicity? It probably doesn't matter. But with services like BitPay and Coinbase that make bitcoin acceptance easy as can be, you can probably bet a good number of these crypto-friendly businesses don't know very much about it - only that many others are joining the parade. But according to BitPay CEO Tony Gallippi (in an interview with Bitcoin Owl), businesses who accept bitcoin....
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BitPay continues to break down barriers for merchants looking to accept Bitcoin. The payment processor launched an exciting new pricing plan for businesses that will ultimately eliminate every hesitation for whether a company should accept Bitcoin as payment for products and services. Get excited, BitPay's new plan offers merchants basic payment processing with zero fees for an unlimited amount of transactions, forever.With the unveiling of the new plan, BitPay can lower the barrier to entry for businesses around the world who want to accept Bitcoin. Now there are very few excuses one can....
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....
So you've got all of these Bitcoins, but yet you have no idea what you're going to do with them. Well, BitPay is hoping to change that. Today, the Bitcoin payments processor launched a Bitcoin merchant directory, aimed at letting you know where you can spend BTC just in time for the holiday season. The directory features businesses from electronics to travel, to even food and medical supplies. It's a great way to learn about businesses that will accept the digital currency. Check it out - with over 12,000 businesses (and charities) listed, maybe you'll be surprised by what you can get!
Atlanta-based BitPay, digital currency payments processor, announced on Thursday a new partnership that will allow their services to be integrated into Toshiba's VisualTouch point-of-sale software solution. The VisualTouch solution is a system designed for business management and is widely used in the hospitality, food service, grocery, retail, and concession industries with a user base of approximately six thousand customers. Some of those customers even have over 1,600 locations in which the VisualTouch system deployed. With an integration with BitPay's own solutions, the VisualTouch....
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....