BitPay: Global State of Bitcoin Payments in 2015
In a recent blog post, bitcoin payments processing company BitPay outlined how the industry has changed in the past years. The company was founded back in 2011 when the cryptocurrency was still gaining traction. Fast forward to 2015, BitPay recognizes that over a hundred thousand merchants are already accepting bitcoin, with 60,000 of those using BitPay to facilitate transactions. As of this writing, the company has merchants located across six continents and 92 countries. Bitcoin Payments Growth. According to its data, bitcoin payments volume in Europe and North America account for....
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Freshly-announced: one of the largest worldwide payment providers, Global Payments Inc., announced today that they have signed a referral agreement with Atlanta, Georgia-based BitPay. This new agreement will allow Global Payments to include bitcoin acceptance into their arsenal, and allow their network of merchants to easily accept bitcoin, which has certainly been a growing phenomenon in the world of finance lately, it seems. "We focus on delivering innovative products and services to our global customer base, and this relationship provides us the ability to offer our merchants an....
Electronic transaction processing specialist Global Payments has announced a new partnership that will find the firm referring select US and international customers to bitcoin payment solutions provider BitPay. Global Payments, which saw revenue of $2.4bn in 2013, boasts more than 1 million merchants globally. These customers are distributed throughout the US, Spain, Central and Eastern Europe, Russia, Canada, the UK and 11 Asia-Pacific countries. Amy Corn, senior vice president of marketing and communications at Global Payments, told CoinDesk that the move is one that will allow the....
According to BitPay’s annual report, business-to-business payments have made up over 10% of all transactions the firm has processed over the past 12 months. PayPal and Banks: Inefficient. Global merchant payment processor and bitcoin solutions provider BitPay released its annual report for 2015 in January. The BitPay researchers figured that the average B2B payment in 2015 was around US$2,500, 25 times higher than US$100 average consumer payment. While many bitcoin startups set their focus on the utilization of the Bitcoin network’s ability to handle micropayments with robust security and....
March 21, 2015. Los Angeles, CA. On April 18th, 2015, for the first time in downtown Los Angeles, the State of Digital Money will paint a picture of a future vision shaped by the leaders of the digital currency community. Key speakers include, Jeff Garzk, Bitcoin core developer at Bitpay, Steve Beauregard, Co-Founder and CEO at GoCoin, and Connie Gallippi, Founder and Executive Director at the BitGive Foundation. Executives from innovative startups such as Factom, Changetip and Airbitz, will also be represented. Hosted at rhubarb studios within the U. S. bank tower building in downtown Los....
Gaming and digital distribution platform Steam will now accept bitcoin payments from users around the world, a feature enabled by bitcoin payment processor BitPay. After whispers, rumors, and leaks that leads to the inevitable inclusion of a global currency for a global marketplace, Valve’s Steam, the biggest PC gaming platform and distributor in the world with some 125 million active users (2015 stats), has now started accepting bitcoin as a mode of payment. The announcement was made by BitPay, the payment processor who will enable bitcoin payments for Steam. BitPay revealed that Valve,....