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.
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- Looking for honest BitPay reviews? Learn more about its pricing details and check what experts think about its features and integrations. Read user reviews from verified customers who actually used the software and shared their experience on its pros and cons.
- In September 2020, the industry with the highest share of BitPay payments worldwide was prepaid/gift cards, which amounted to 26.3 percent.
- Instead of charging one price, the merchant will establish a set interval of time (usually a month) in which the consumer will be charged an agreed-upon sum. This payment will continue until the buyer either cancels the service or, if the charge applies to one lump amount (such as a car or house), that amount is paid off.
April 14, 2021 9:30 AM EDT
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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
Bitpay Stock Symbol
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 Debit Card
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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BitPay may not always fulfill your company requirements or unique conditions of your niche. If you have any doubts, you still have a group other Payment Gateway solutions to consider. You can use our comprehensive comparison options for BitPay alternatives that allow you to analyze features, prices, and user reviews for most kinds of solutions provided by other vendors and choose the most credible software for your enterprise. What is more, browse our reviews to get a holistic opinion of each software, and after getting some experience with it share your user review to assist other clients in their choices.
Our panel of B2B experts have evaluated BitPay with a total rating of 8.3/10 after a period of scrutinizing tests. Actual clients of BitPay have an average satisfaction rating with the product at 100% which reflects their attitude towards this service. If you devote some of your time to analyzing other BitPay alternatives you will surely find other programs with similar or even better ratings.