#BitPay News

Ripple, BitPay, Brave, and Others are Making Crypto Transfers Easier with an “Email I.D.”

June 19, 2020 by Shaurya Malwa at Adoption

A newly launched coalition is making transferring cryptocurrencies easier, with the latter infamous for long, oft-complex alphanumeric addresses that lead to misplaced transfers and lost assets. Reaching 100 Million Users On June 18, over 40 technology and crypto-centric companies joined the Open Payment Coalition ahead of the latter’s launch of...

Red Arrows Flying to Different Parts of the Globe

Bitcoin Payments Processor BitPay Partners Poynt to Expand Crypto Payments

February 12, 2020 by Ogwu Osaemezu Emmanuel at Bitcoin

BitPay, a leading Atlanta-based Bitcoin (BTC) payments processor established in 2011, has joined forces with Poynt, a Palo Alto-based point-of-sales (POS) terminal maker, to simplify crypto payments and make it available at more than 100,000 retail locations around the world, according to a Finextra report on February 11, 2020. Bitcoin...

Crypto Payments Platform BitPay Announces XRP Support

January 23, 2020 by Aisshwarya Tiwari at Altcoins

BitPay, a leading Bitcoin (BTC) and altcoin payment processor in the cryptocurrency industry on January 21, 2020, announced that it had added support for Ripple Inc.’s XRP digital token. BitPay Adds Support for XRP The third-largest cryptocurrency by reported market cap – XRP – has been added by BitPay to...

BitPay Enabling Merchants to Overcome Bitcoin Volatility with Stablecoins

December 11, 2019 by Ogwu Osaemezu Emmanuel at Altcoins

BitPay, a leading bitcoin (BTC) and altcoins payments processor established in May 2011, has added support for top stablecoins including Circle’s USD Coin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX). With this significant development, merchants can now receive stablecoin payments for their goods and services without having...

LocalEthereum Renames to LocalCryptos; Introduces Bitcoin and other Digital Currency Support

“Real” Adoption: $15.3 Million New York Condo Sold for Bitcoin

November 12, 2019 by Aisshwarya Tiwari at Bitcoin

Prominent New York-based real estate founder and developer Ben Shaoul has sold an Upper East Side retail condo for $15.3 million in Bitcoin (BTC), real estate-focused media outlet The Real Deal reports, November 11, 2019. $15.3 Million Condo Sold for BTC Shaoul, the founder of Magnum Real Estate Group –...

Ripple (XRP) now Supported by BitPay

October 3, 2019 by Aisshwarya Tiwari at Altcoins

Leading cryptocurrency payment processing platform BitPay on October 2, 2019, unveiled support for Ripple’s XRP digital token for business payments and cross-border transactions. BitPay Adds Support for XRP U.S.-based blockchain payments firm BitPay has been pioneering the cryptocurrency adoption cause for multiple years. After bringing digital currencies like bitcoin (BTC)...

BitPay's Pristine Data Security Standards Rewarded, Completes SOC 2 Compliance Review

BitPay’s Pristine Data Security Standards Reflected in Completion of SOC 2 Compliance Review

October 1, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Bitpay, a leading United States-based bitcoin (BTC) payments processor, has announced the successful completion of its Service Organization Control 2 (SOC 2) review carried out by Aprio, an award-winning CPA-led business advisory firm based in Atlanta Georgia, according to a press release on October 30, 2019. BitPay Bags SOC 2...

BKL looking at an invoice settled with satoshis

Accountancy Firm BKL to Accept Bitcoin to Settle Invoices

September 24, 2019 by Aisshwarya Tiwari at Bitcoin

In a major development for cryptocurrency adoption, Cambridge-based accountancy firm BKL announced on September 23, 2019, that it would be accepting bitcoin (BTC) as fee payment to settle invoices. BKL Embraces Digital Money Spearheading the digital currency adoption race in the U.K., mid-sized accountancy firm BKL declared on September 23...

BitPay Adds Ethereum (ETH) Support, Community Rejoices

September 17, 2019 by Ashwath Balakrishnan at Ethereum

The largest blockchain payment processor, BitPay, has finally enabled support for ETH on their platform. Wallet users will be able to store and transact with ETH without the need for third-party integrations. BitPay's prepaid debit card will also allow for users to transact using ETH, as per the press release,...

Fantasy NFL Platform Partners with BitPay to Enable Bitcoin Payments

September 5, 2019 by Osato Avan-Nomayo at Bitcoin

The start of the new National Football League (NFL) season in the United States will see fantasy players able to use bitcoin to subscribe for their sports app, according to a press release by BitPay. The crypto payments platform says the move is part of plans to expand digital currency...

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