Thursday, March 30, 2023
  • Texas Department Of Banking Crystallizes Treatment of Virtual Currencies Under the Texas Money Services Act

    Texas has it right on cryptocurrency regulation. The full text, including introduction and analysis, of the Texas Department of Banking memorandum can be found here: Regulatory-Treatment-of-Virtual- ...

    Thursday, 03 April 2014
  • Sacramento Kings Become First Professional Sports Team to Accept Virtual Currency Bitcoin

    SACRAMENTO, CA – January 16, 2014 – Today, theSacramento Kings announced they will become the first major professional sports franchise to accept Bitcoin, a popular online currency. The bitcoin purcha ...

    0
    Thursday, 16 January 2014
  • BitPay Exceeds $100,000,000 in Bitcoin Transactions Processed

    Also Surpasses 15,500 Merchants   ATLANTA -- December 11, 2013 --BitPay Inc, the world leader in business solutions for virtual currencies, announces it has processed over $100 million in trans ...

    0
    Wednesday, 18 December 2013
  • BitPay Drives Explosive Growth in Bitcoin Commerce

    BitPay Drives Explosive Growth in Bitcoin Commerce Also sees rapid enrollments in all-inclusive processing plans   ATLANTA -- December 2, 2013 --  BitPay, the world’s leading merchant p ...

    0
    Monday, 02 December 2013
  • BitPay Launches Bitcoin Merchant Directory

    BitPay, in keeping with its mission to build a better e-payments world, has launched a new global bitcoin directory which features many of the world’s greatest bitcoin-accepting merchants. Shoppers lo ...

    0
    Monday, 25 November 2013
  • BitPay Processes $1 Million Bitcoin Merchant Transaction

    Bitcoin Magazine Original author:  Elizabeth Ploshay The Bitcoin economy has now surpassed 2 billion USD and transactions sizes between USD and BTC continue to rise. Just this morning, lead Bit ...

    0
    Tuesday, 29 October 2013
  • The Austin Bitcoin and Cryptocurrency Group Will Meet Tuesday, October 1, 2013

    The weekly Bitcoin and Cryptocurrency Meetup Group will be meeting this Tuesday, October 1, 2013, at 7:00 pm at Central Market. Feel free to stop by and join the conversation. ...

    0
    Monday, 30 September 2013
View more blog entries

EasyBlog

This is some blog description about this site

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

BitPay Exceeds $100,000,000 in Bitcoin Transactions Processed

Posted by on in Business
  • Font size: Larger Smaller
  • Hits: 3297
  • 0 Comments
  • Subscribe to this entry
  • Print

Also Surpasses 15,500 Merchants

 

ATLANTA -- December 11, 2013 --BitPay Inc, the world leader in business solutions for virtual currencies, announces it has processed over $100 million in transactions this year, and has increased its merchant base to over 15,500 approved merchants in 200 countries. Since the announcement of the new All Inclusive Pricing Plan in October, along with the integration with Shopify in November, the number of new merchants has increased over 50% and the transaction volume has tripled.

 "This year, the 2013 holiday season was Adafruit's biggest ever. We are delighted to offer bitcoin payments via BitPay to our community and customers. It was fast and easy, hundreds of orders and happy customers getting educational electronics, using bitcoin!" shared Limor Fried, Founder and Engineer with Adafruit.

 Bitcoin has "clear potential for growth and could become a major means of payment for online transactions” a Bank of America analyst told CNBC. As the number of Bitcoin users continues to increase, merchants such as Adafruit, BTCTrip, Alliance Virtual Offices, and Clearly Canadian, see the value of working with BitPay to help expand their business.

 "BitPay is the gateway payment for business that want to accept bitcoin. It's the main player to develop the merchant economy for bitcoin community,” said Martin Fernandez, CEO BTCTrip.

 BitPay has made the process of becoming a merchant simple, hassle free and accessible everywhere. Merchants choose the way they want to accept Bitcoin; either via mobile device in-store, NFC into a POS terminal, online through any of BitPay’s shopping cart partners, or through direct API. Merchants can also choose how they want their funds settled from one of the 40 local currencies BitPay offers including Bitcoin.

 Many of BitPay’s new merchants are “trying to stay ahead of the curve, while expanding our customer base,” says Anthony Gallippi, Owner of Smoke Bourbon BBQ House in Toronto, Canada.

 The recently launched global directory features many of the world’s greatest bitcoin-accepting merchants. The directory gives bitcoin users access to thousands of businesses and charities that now accept bitcoin.  By continuing to add new merchants daily, BitPay continues it mission to expand Bitcoin in the e-payments world.

0
Tagged in: BitPay

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest
Guest Thursday, 30 March 2023