BitPay is a Bitcoin payment service provider founded in 2011. Today, the company is known for providing secure bitcoin wallets and checkout services for merchants, along with its popular BitPay Card. Here’s our BitPay review. BitPay is an Atlanta-based Bitcoin payment platform that serves companies around the world. BitPay was originally founded. Feb 18, 2021 (3) BitPay is a small business that has not received a penalty notice or Finding of Violation from OFAC in the five years preceding the date of the earliest Apparent Violation; (4) BitPay cooperated with OFAC’s investigation into these Apparent Violations;. BitPay is an online payment service that enables users to accept bitcoin payments and direct deposits in their bank accounts. It is one of the foremost payment processors and has been a go-to platform for online merchants to accept bitcoin payments.
Online Payments Accept bitcoin on your website. Billing Accept bitcoin from clients via email. BitPay Send Pay out bitcoin to anyone, anywhere. With BitPay's open source, non-custodial wallet, not even BitPay can take your money. Use multi-sig addresses to split payment authorization across up to 12 devices or trusted copayers. Leverage private key encryption, PINs, and biometric authentication for enhanced security.
ATLANTA--(BUSINESS WIRE)--BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced that US cardholders of the BitPay Prepaid Mastercard can add their card to Apple WalletTM and spend with Apple Pay®. With Apple Pay, BitPay cardholders can make secure purchases in stores, in apps, and online. In addition, customers waiting on delivery of their plastic card can add their virtual card to Apple Wallet via the BitPay Wallet app and can start spending immediately. Support for Google Pay and Samsung Pay is planned for later this quarter.
“We have thousands of BitPay Wallet app customers using the BitPay Card who are always looking for new places and ways to spend their crypto,” said BitPay CEO Stephen Pair. “Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places from day-to-day items to luxury purchases.”
BitPay continues to innovate its global blockchain solutions to make paying with Bitcoin and other cryptocurrencies faster, easier and safer than ever before. The BitPay Wallet app is designed to enable customers to manage and spend Bitcoin, and also turn it into dollars and spend with the BitPay Card.
For power blockchain users, the BitPay Wallet app supports an array of options to buy and store crypto and make online payments. Users can instantly buy gift cards from hundreds of top retailers in store and online. The BitPay Card enables customers to instantly convert cryptocurrency into fiat currency, which is then loaded onto the card and can be spent anywhere Mastercard debit is accepted around the world. Customers can also use the cards online for purchases and to withdraw cash from ATMs.
The BitPay Wallet app supports Bitcoin, Bitcoin Cash, and Ether, as well as four dollar-pegged stablecoins, USDC, GUSD, PAX and BUSD.
To add a card to Apple Wallet, cardholders need to have the most recent version of the BitPay app, 12.1.0 which is available in the App Store. To order the BitPay Prepaid Mastercard, visit https://bitpay.com/card/
About BitPay
Founded in 2011, BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.
BY USING THIS CARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
Apple Wallet and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.
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Crypto Open Patent Alliance Empowers Adoption and Advancement of Cryptocurrency Technologies
ATLANTA--(BUSINESS WIRE)--BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced a partnership with the Crypto Open Patent Alliance (COPA) to share open source projects and use a shared patent library. Founded initially by Square, Inc., COPA believes open access to patents and freedom from threats on foundational cryptocurrency technologies is necessary for the industry to grow, innovate, and build new products.
“BitPay is partnering with and supporting COPA because we believe that the blockchain space is at an inflection point where crypto is becoming mainstream forever changing the way businesses and consumers receive and spend funds,” Stephen Pair, CEO of BitPay, said. “We see both business and consumer adoption accelerating as a result of COPA industry leaders working together to advance technology innovation making the blockchain easy to use for both businesses and consumers.”
COPA is a non-profit community of like-minded people and companies formed to encourage the adoption and advancement of cryptocurrency technologies and to remove patents as a barrier to growth and innovation. COPA acknowledges that cryptocurrency technology is built on the collaborative efforts of a community made up of developers, engineers, and designers. COPA provides an open patent strategy where anyone can join and benefit from the alliance, regardless of whether they have patents or not.
“We want to eliminate barriers to innovation, rather than letting patents become one, and welcome BitPay and their many contributions to the blockchain and payments space,” said Kirupa Pushparaj, COPA Board Chair.
Businesses and consumers face major challenges when transacting cross borders. So, BitPay pioneered blockchain payment processing to enable borderless payments using cryptocurrencies like BTC, BCH, ETH, DOGE and stablecoins USDC, GUSD, PAX and BUSD. BitPay’s business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable borderless payments in cryptocurrency. BitPay also offers consumers a complete digital asset management solution that includes the BitPay Wallet app and BitPay Prepaid Mastercard®, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses.
About BitPay
Founded in 2011, BitPay celebrates its 10th birthday this year as one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company’s mission is to transform how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.
BY USING THIS CARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.
Bitpay For Business Opportunities
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210414005067/en/
Jan Jahosky
BitPay
jan@bitpay.com
404.448.1035
Source: BitPay
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