BitPay Aims to Speed Up Bitcoin Checkout with 'One-Tap' App
BitPay has released a new merchant app that aims to cut queues at the till with 'one-tap' bitcoin payments. Bitcoin Checkout, which debuted at the Money20/20 conference in Las Vegas this week, makes BitPay the first bitcoin merchant processor to offer one-touch payments at the point of sale. In what the company describes as a "seamless" experience, customers can hold their tablet or smartphone over the merchant's point-of-sale device and - using NFC (near-field communication) technology - submit their digital cash by tapping 'send'. Mobile apps by Mycelium, Bitcoin Wallet and Hive are all....
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BitPay's point-of-sale app Bitcoin Checkout has been nominated for the Retail App of the Year award at the Contactless & Mobile Awards to be held in London this April. The revolutionary app improves the customer experience by allowing them to accept Bitcoin payments on a mobile device. Bitcoin Checkout utilizes the NFC (Near Field Technology) which allows its users to transfer the funds by just establishing a radio connection and tapping their phones. "We want to show the world that this combination of NFC and Bitcoin technology really is the most secure, frictionless solution out there,"....
On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via a partnership with the crypto firm Fireblocks. Checkout.com further detailed that in a beta test with select clients, the company settled $300 million in transaction volume leveraging the USDC stablecoin.
Checkout.com Leverages the Stablecoin USDC
Checkout.com has announced it will be utilizing USDC for merchant settlements. The company, founded in 2009 by Guillaume Pousaz, said it will allow businesses to make payments in, and accept,....
On the tails of Bitcoin Black Friday, BitPay Inc. announced a new record of processing 55,288 of bitcoin merchant transactions in November. BitPay continues to sign on new merchants daily and most recently released a new merchant pricing model and merchant directory. Taking the lead in the payment processing space in the Bitcoin community, BitPay also brought on Virgin Galactic as a merchant to go as far as facilitate the acceptance of Bitcoin for flights to outer space! BitPay onboarded over 3,000 merchants and also worked with Shopify to integrate BitPay into its checkout process to....
E-commerce platform Shopify has announced they are including digital currency Bitcoin as a payment option for their over-70,000-strong client stores. The move comes as the value of Bitcoin continues its upward trend value, priced at about $390 USD at the time of this writing. Shopify will handle Bitcoin payments via BitPay. The announcement, as posted on the company's forums: Hey Everyone, Just a quick update on this: our Bitpay integration is feature-complete and can be added to your store now. Due to the fact that it's a very new feature and not something we're ready to roll out to all....
BitPay has processed its largest ever single transaction - $1m for bitcoin mining hardware manufacturer Butterfly Labs. This means that, at the current price of $192 per bitcoin, Butterfly Labs received an order for around 5,208 BTC-worth of mining equipment. BitPay then processed this order, depositing the equivalent in fiat currency in Butterfly Labs' bank account. Despite the size of the order, the cryptocurrency payment processor processed it in their usual one-business-day timeframe. Tony Gallippi, co-founder and CEO of BitPay, said: "The speed, reliability, and certainty of payments....