BitPay Offers 'Free and Unlimited' Payment Processing for Merchants
One of bitcoin's leading merchant processors, BitPay, has introduced a new pricing plan that makes its basic level of service free and unlimited. The new plan allows merchants unlimited use of any plugin, API or app from the BitPay library and access to the company's email support. BitPay executive chairman Tony Gallippi framed the announcement as one that would support the company as it seeks to meet its ambitious merchant enrollment goals: "We have set a goal to enroll 1 million merchants by the end of 2016. When we started BitPay in 2011, we saw an opportunity to finally give merchants....
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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....
BitPay will no longer offer its "free and unlimited" introductory service to new merchants looking to accept bitcoin as payment. First introduced in July 2014, the plan sought to help the startup reach its goal of enrolling 1 million merchants by 2017. At the time, executive chairman Tony Gallippi described the plan as "free and unlimited", stating that such a pricing scheme would continue "forever" in a bid to entice merchants to the platform. The announcement marks a break from the 0% transaction fee model BitPay has sought to market since late 2013 when it introduced a Professional....
Atlanta, Georgia-based bitcoin is taking a huge step forward in making it easy for merchants to sign up with their payment processing service. Today, the company has announced a new pricing plan, or we should probably say the lack thereof. BitPay's going partially free. Basic payment processing will cost merchants nothing, no matter how many transactions they handle. And this isn't a one-time/limited-time promotion. BitPay says it's the model they're going with from now on. By doing so, BitPay is effectively obliterating the barrier to entry for new merchants. They currently offer....
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....
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....